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Charleston, IL Multifamily Homes & Duplexes for Sale
Why Live in Charleston
Charleston, Illinois, is too far from any big city to be called a suburb, but with its own university, locally-owned restaurants and historic attractions, this Midwestern city has made a name of its own. "It's my hometown, so I'm a little biased, but we have the best of both worlds here,” says Douglas Stanberry, a broker with All-American Realty. “We have beautiful rolling hills, nearby parks and plenty to do around the university.”
Eastern Illinois University is the largest employer in town. "We're a town of 17,000, but probably 8,000 or more ...
Home Trends in Charleston, IL
On average, homes in Charleston, IL sell after 27 days on the market compared to the national average of 49 days. The median sale price for homes in Charleston, IL over the last 12 months is $139,900, up 8% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$139,900
Median Single Family Sale Price
$143,000
Median Townhouse Sale Price
$71,500
Average Price Per Sq Ft
$96
Number of Homes for Sale
28
Last 12 months Home Sales
332
Months of Supply
1.00
Median List Price
$146,500
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
8%
In Charleston, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $69,900 to $1,399,900, there's a range to accomodate every budget. As of May, 2025 the median home price in Charleston is $146,500, while the average sale price is $158,481, offering insights into the local housing market. On average, multi-family homes spend 27 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Charleston, IL.
Charleston Types of Homes for Sale
More About Living in Charleston
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