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Homes for Sale Under 500K in Centralia, IL

61 Homes for Sale

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Photo 1 of Land for sale at 29823 Yard Rd, Centralia, IL 62801 | MLS# 12734879 | Listing updated on 2026-10-27

$309,400

Views: 7

Bedrooms: --Bds

Bathrooms: --Ba

Area: 44acres lot

Land for sale

29823 Yard Rd, Centralia, IL 62801

MLS ID #12734879, Quinn Realty And Property Management Group

Price CutPrice Drop: $4.5K
Open House
Photo 1 of Single family home for sale at 230 N Cherry St, Centralia, IL 62801 | MLS# 12702343 | Listing updated on 2026-10-03

$174,500

Views: 8

Bedrooms: 9Bds

Bathrooms: 3Ba

Area: 3,572sqft

Single family home for sale

230 N Cherry St, Centralia, IL 62801

MLS ID #12702343, Somer Real Estate

Price CutPrice Drop: $10K
Photo 1 of Single family home for sale at 10 Lilac Dr, Centralia, IL 62801 | MLS# 12774086 | Listing updated on 2026-10-22

$168,500

Views: 11

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,725sqft

Single family home for sale

10 Lilac Dr, Centralia, IL 62801

MLS ID #12774086, Allen & Geary Real Estate

Photo 1 of Single family home for sale at 1205 N Gary St, Centralia, IL 62801 | MLS# 12760021 | Listing updated on 2026-09-22

$130,000

Views: 14

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 784sqft

Single family home for sale

1205 N Gary St, Centralia, IL 62801

MLS ID #12760021, Quinn Realty And Property Management Group

Price CutPrice Drop: $9.9K
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Photo 1 of Single family home for sale at 529 Marquis Ave, Centralia, IL 62801 | MLS# 12696177 | Listing updated on 2026-10-27

$130,000

Views: 13

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 1,047sqft

Single family home for sale

529 Marquis Ave, Centralia, IL 62801

MLS ID #12696177, Midwest Farm & Land

Price CutPrice Drop: $11K
Photo 1 of Single family home for sale at 805 S 14th Street, Herrin, IL 62848 | MLS# 12736241 | Listing updated on 2026-10-01

$110,000

Views: 8

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,937sqft

Single family home for sale

805 S 14th Street, Herrin, IL 62848

MLS ID #12736241, C21 House Of Realty, Inc. C

Showing 1 - 42 of 61 homes for sale in Centralia, IL

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Centralia, IL Housing Market Overview

Centralia is a buyer's market right now. Homes are sitting on the market for 81 days on average. With 6.3 months of supply, there's less pressure to rush and more room to negotiate on price and terms.

Status

Buyer's Market

Days on Market

81

Inventory

38

Sep 2021Mar 2024Mar 2026

Median Home Price

$100,450Up 0.00%

In Mar 2026 · YoY

Sep 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
38 Up 0.46%
Newly Listed Homes
19 Up 0.19%
Months of Supply
6.3 Up 4.30%

Housing Demand

Homes Sold
6 Down 0.00%
Sale-to-List Ratio
98.9% Up 3.70%
Homes Sold Above List
16.7% Down 6.41%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Centralia Market Report
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  • mls-img
    This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 29, 2026, 2:15 PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

    Based on information submitted to the MLS GRID as of Oct 29, 2026, 2:15 PM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

    Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
  • mls-imgIDX Logo
    Based on information from Mid America Regional Information Systems, Inc. through Oct 29, 2026, 2:16 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. Property data presented reflect information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.
    IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. © 2026 Mid America Regional Information Systems, Inc. All Rights Reserved.
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Homes Available icon

61

Homes Available

Median List Price icon

$ 100,450

Median List Price

Avg on Market icon

81 Days

Avg on Market