Housing in the district is a mixture of new subdivisions - especially in the main urban areas of Alexandra, Clyde, Cromwell, Ranfurly and Roxburgh -- and character homes. Lifestyle blocks are increasingly popular, and a strong building industry serves the demand for new housing. Rental housing ranges from $150 to $300 a week depending on locality and size.  Overall the mean weekly rental in Central Otago, at $179, is less than the national average of $225 (Census, 2006)

For further information on real estate agents in the area use the following link and click on real estate.

Some average sale prices (March-May 2008) for residential properties (Sources: QV and Central Otago Real Estate Association).

In the four main centres: Auckland $508,000; Wellington $437,000; Christchurch $362,000; Dunedin $265,000.

In Central Otago District the average house price is $326,000, an increase of 3% in the last 12 months.  Average prices vary greatly within the district from Cromwell at $370,000, Alexandra at $320,000 to Ranfurly and Roxburgh at closer to $200,000.  Bare residential sections range from $150,000 to $200,000 in Cromwell, Alexandra and Clyde to around $70,000 in Ranfurly and Roxburgh.

Residential properties in Queenstown and Wanaka, in neighbouring Queenstown Lakes District, average more than $550,000.