Bankruptcy Homes in Centralia, IL

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View this home at State Route 161 Centralia IL 62801
View this home at Dover St Centralia IL 62801
$50,208 EMV
View this home at S Perrine Ave Centralia IL 62801
View this home at Edgewood Ln N Centralia IL 62801
$199,089 EMV
View this home at E Base Line Rd Centralia IL 62801
View this home at S Elm St Centralia IL 62801
$73,457 EMV
View this home at Hickory Ridge Ct Apt 33 Centralia IL 62801
View this home at Redwood Dr Centralia IL 62801
$94,347 EMV
View this home at Charlotte St Centralia IL 62801
$58,234 EMV
View this home at Sunset Dr Centralia IL 62801
$121,315 EMV
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Home Value Estimator For Centralia, IL

There are currently 1,914 real estate properties in Centralia, IL, with a median automated valuation model (AVM) price of $101,600.00. 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 $128,286.00, with the most expensive house in Centralia, IL, topping out at $7,536,600.00 and the cheapest home in Centralia, IL, clocking in at $14,700.00. 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 $953.00. Indeed, when looking to rent in Centralia, IL, you can expect to pay as little as $460.00 or as much as $2,040.00, with the average rent median estimated to be $910.00. 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.

Foreclosure Homes in Centralia, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Centralia, IL area at Get information on foreclosure homes for rent, how to buy foreclosures in Centralia, IL and much more. Save thousands at closing with home foreclosure listings in Centralia, IL — up to 75% off market value!

Top Reasons To Live In Centralia, IL In 2023

Centralia is located in Marion, Illinois, with an estimated municipal population of 12,210 residents. All of the best foreclosed homes for sale in Centralia are located in the following zip code areas on 62801. The estimated population per square kilometer (.62 miles) in Centralia is 575.

Cost Of Living In Centralia, IL

So, about how much do homes cost in Centralia? The most recent median value of resident-owned homes in Centralia is 64,921. An estimated 65 percent of households in Centralia own their homes, with an average family size of 2.95. The median household income in Centralia is 37,675, with11.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Centralia, the median commute time of resident workers (in minutes) is 17. And last, but certainly not least, are you looking for homes to rent in Centralia? If so, the average rent price paid by renters in Centralia is 637, according to recent statistics.

Diversity And Demographics In Centralia, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Centralia, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Centralia is 41.2, split between 48 percent male versus 52 female. The percentage of residents who report being married in Centralia is 40.4, with an average family size of 2.95.

The percentage of residents who report their race in Centralia is as follows:

White 84%
Black / African American 9.7%
Asian 1.1%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.6%
Other 0.5%

Looking for family-friendly neighborhoods in and/or near Centralia? Or maybe you are searching for 55+ active adult communities in and/or near Centralia?

The percentage of residents who report their age in Centralia is as follows:

Under 10 13.8%
Aged 10-19 13%
20s 12.2%
30s 9.3%
40s 12.3%
50s 12%
60s 12.4%
70s 9.1%
80+ 6.1%

Best Schools In Centralia, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Centralia with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Centralia.

Pros And Cons Of Living In Centralia, Illinois

How do you know that living in -- or moving to -- Centralia is right where you need to be? Perhaps you grew up in Centralia or already live nearby; therefore, the decision to buy a home in Centralia is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Centralia for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Centralia:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Centralia.

Reasons To Move To Centralia, Illinois, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Centralia can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Centralia, meanwhile, can field multiple offers from more qualified buyers.

Centralia, IL Bankruptcy Homes


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