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Preforeclosure Homes in Centralia, IL 62801

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Centralia, IL Foreclosures

How much do homes sell for in Centralia, IL?
The average home price is currently $118,650.
In Centralia, IL, how many homes are available?
There are currently 43 active home listings available in Centralia.
What’s the average rental cost in Centralia, IL?
The average rental price in Centralia is $904.
What is the most expensive home in Centralia?
The most expensive home sold in Centralia had a price of $7,075,607.
What is currently the cheapest priced home in Centralia, IL?
The cheapest home for sale in Centralia is priced at $7,362.

Living in Centralia, IL

Centralia, Illinois, is a quaint city that offers a friendly small-town vibe with easy access to outdoor recreational activities. Its community life is vibrant, bolstered by local events and a tight-knit atmosphere. With various parks and amenities, Centralia appeals to families and individuals seeking a peaceful lifestyle while staying connected to nearby urban areas.

Current Market Conditions in Centralia, IL

The real estate market in Centralia has remained stable over the past year, with a modest increase in home values. The affordability of homes, coupled with a steady demand for properties, makes Centralia an inviting location for first-time homebuyers and those looking to relocate. The city's charm and community spirit, along with its economical housing options, are attracting interest from a diverse range of buyers.

Currently, homes in Centralia are listed at reasonable prices, with an increasing trend in inquiries and viewings. The market is showing signs of gradual appreciation, leading to competitive offers on popular homes. Buyers are finding excellent value in the local real estate market, contributing to the overall positive outlook for incoming investments.

Home Value Estimator For Centralia, IL

There are currently 7,603 real estate properties in Centralia, IL, with a median automated valuation model (AVM) price of $86,639.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Centralia, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Centralia, IL, is $118,650.00, with the most expensive house in Centralia, IL, topping out at $7,075,607.00 and the cheapest home in Centralia, IL, clocking in at $7,362.00. In other words, there’s something for every potential homebuyer or savvy investor in Centralia, IL!

Rent Prices In Centralia, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Centralia, IL, is on a rollercoaster ride. The average rent price in Centralia, IL, is $904.00. Indeed, when looking to rent in Centralia, IL, you can expect to pay as little as $440.00 or as much as $2,130.00, with the average rent median estimated to be $840.00. The good news is that finding an affordable and desirable property to rent in Centralia, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Centralia, IL 62801 Preforeclosure Homes


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