Centralia, IL Metro Area - Investment Guide
Metro Area • 7 Cities • 7 ZIP Codes
Avg Home Value
$146,127
Avg Monthly Rent
$901
Avg Cap Rate
4.96%
Avg Investability
3.0 ★
Cities
7
ZIP Codes
7
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Market Trends
Metro Home Value History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
☀️
WARM MARKET
Centralia, IL Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
9.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Centralia, IL
Every ZIP in the metro, ranked four ways. Free.
Cities in Centralia, IL
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 62881 | Salem | IL | $135,283 | $846 | 4.88% | |
| 62807 | Alma | IL | $135,841 | $828 | 4.75% | |
| 62849 | Iuka | IL | $185,848 | $828 | 3.48% | |
| 62853 | Kell | IL | $167,212 | $1,044 | 4.87% | |
| 62801 | Centralia | IL | $91,852 | $891 | 7.57% | |
| 62870 | Odin | IL | $116,718 | $891 | 5.95% | |
| 62875 | Patoka | IL | $136,541 | $981 | 5.60% | |
| 62881 | Salem | IL | $147,424 | $846 | 4.48% | |
| 62870 | Odin | IL | $101,801 | $891 | 6.83% | |
| 62801 | Centralia | IL | $102,375 | $891 | 6.79% | |
| 62875 | Patoka | IL | $123,852 | $981 | 6.18% | |
| 62881 | Salem | IL | $135,283 | $846 | 4.88% | |
| 62807 | Alma | IL | $137,896 | $828 | 4.68% | |
| 62849 | Iuka | IL | $181,856 | $828 | 3.55% | |
| 62853 | Kell | IL | $168,549 | $1,044 | 4.83% | |
| 62870 | Odin | IL | $116,579 | $891 | 5.96% | |
| 62875 | Patoka | IL | $139,900 | $981 | 5.47% | |
| 62801 | Centralia | IL | $106,257 | $891 | 6.54% | |
| 62881 | Salem | IL | $147,485 | $846 | 4.47% | |
| 62807 | Alma | IL | $140,277 | $828 | 4.60% | |
| 62849 | Iuka | IL | $190,085 | $828 | 3.40% | |
| 62853 | Kell | IL | $170,583 | $1,044 | 4.77% | |
| 62801 | Centralia | IL | $99,247 | $891 | 7.00% | |
| 62870 | Odin | IL | $124,819 | $891 | 5.57% | |
| 62875 | Patoka | IL | $141,273 | $981 | 5.42% | |
| 62807 | Alma | IL | $130,639 | $828 | 4.94% | |
| 62849 | Iuka | IL | $177,243 | $828 | 3.64% | |
| 62881 | Salem | IL | $149,592 | $846 | 4.41% | |
| 62853 | Kell | IL | $158,765 | $1,044 | 5.13% | |
| 62870 | Odin | IL | $118,273 | $891 | 5.88% | |
| 62801 | Centralia | IL | $104,303 | $891 | 6.66% | |
| 62875 | Patoka | IL | $136,330 | $981 | 5.61% | |
| 62881 | Salem | IL | $142,635 | $846 | 4.63% | |
| 62807 | Alma | IL | $133,470 | $828 | 4.84% | |
| 62849 | Iuka | IL | $183,139 | $828 | 3.53% | |
| 62853 | Kell | IL | $164,085 | $1,044 | 4.96% | |
| 62801 | Centralia | IL | $91,852 | $891 | 7.57% | |
| 62870 | Odin | IL | $115,736 | $891 | 6.00% | |
| 62875 | Patoka | IL | $136,254 | $981 | 5.62% | |
| 62881 | Salem | IL | $146,885 | $846 | 4.49% | |
| 62870 | Odin | IL | $101,801 | $891 | 6.83% | |
| 62801 | Centralia | IL | $104,916 | $891 | 6.62% | |
| 62875 | Patoka | IL | $123,852 | $981 | 6.18% | |
| 62807 | Alma | IL | $120,918 | $828 | 5.34% | |
| 62849 | Iuka | IL | $166,012 | $828 | 3.89% | |
| 62853 | Kell | IL | $152,596 | $1,044 | 5.34% | |
| 62807 | Alma | IL | $120,918 | $828 | 5.34% | |
| 62849 | Iuka | IL | $166,012 | $828 | 3.89% | |
| 62853 | Kell | IL | $152,596 | $1,044 | 5.34% |
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About Centralia, IL Real Estate Market
The Centralia, IL metropolitan statistical area (MSA) encompasses 7 cities and 7 ZIP codes. The average home value across the metro is $146,127, with an average monthly rent of $901. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.