Cheap homes for sale & real estate in Madison County, IL

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ABOUT THIS HOME
Cheap Home for sale in Madison County, IL:
Discover an attractive single family residence at 113 Olyvia DR, St Jacob IL. Meticulously constructed in 2011. This property, presented in great condition, offers a unique opportunity for sophisticated living. The kitchen is thoughtfully appointed with stainless steel appliances and features a practical peninsula, ideal for both meal preparation and casual dining. Elevated design defines the living room, which benefits from both a high ceiling and a vaulted ceiling, creating an expansive and airy atmosphere. Among the four well-proportioned bedrooms, one offers the convenience of an ensuite bathroom, providing a private retreat. The property also includes a dedicated laundry room, enhancin

$345,000

4 beds3 baths1,779 sq ft

113 Olyvia Dr, Saint Jacob, IL 62281

High ceiling • Vaulted ceiling • Private yard

ABOUT THIS HOME
Cheap Home for sale in Madison County, IL:
Beautifully maintained and move-in ready 3 bedroom 2 bathroom home situated on a cul-de-sac with lovely landscaping and great curb appeal. The spacious living room features a cozy fireplace, while the dining room offers access to a deck overlooking the privacy-fenced backyard perfect for relaxing or entertaining. Enjoy the convenience of a two-car attached garage and covered front porch. The full unfinished basement provides an abundance of additional space and endless possibilities for the new owner to create exactly what they envision, whether it's a family room, home office, recreation are or additional living space. A wonderful home with room to make it uniquely your own.

$280,000

3 beds2 baths1,355 sq ft

428 Pheasant Ct, Worden, IL 62097

Covered front porch • Cozy fireplace • Lovely landscaping

ABOUT THIS HOME
Cheap Home for sale in Madison County, IL:
Affordable four-unit multifamily investment opportunity in Granite City, Illinois, offered at $48,000. The property features a 2,249 SF two-story brick building on a 50' x 125' lot and is currently 25% occupied, with one occupied unit and three vacant units. The current tenant pays $635 per month, providing immediate income while leaving significant upside through lease-up of the remaining units. At just $12,000 per unit, this property offers a compelling value-add opportunity for an investor seeking a low-cost multifamily acquisition with room to increase occupancy and revenue. 2025 real estate taxes are approximately $2,300.64.

$48,000

Studio— baths2,249 sq ft

2123 Edison Ave, Granite City, IL 62040

6,250 sq ft lot • Built 1900 • Listed 41 days

ABOUT THIS HOME
Cheap Home for sale in Madison County, IL:
Charming, clean and well cared for home with gorgeous hardwood floors, tall ceilings, and many updates! New front porch & back steps - 2 years ago, new driveway - 7yrs, roof -9 yrs, vinyl siding, soffits, facia, and gutters - 2 yrs, new motor for AC last year, windows-12 yrs. Home offers whole has attic fan, CLEAN basement with nice laundry area and plenty of storage. Wood burning fireplace was cleaned and capped 9 years ago, decorative only. This is a must see!!

$140,000

2 beds1 bath1,028 sq ft

2320 Sanford Ave, Alton, IL 62002

New back steps • New front porch • Tall ceilings

ABOUT THIS HOME
Cheap Home for sale in Madison County, IL:
Welcome to 2516 Northbridge Ct. in Granite City, IL! This beautifully updated 3-bedroom, 1-bathroom home is move-in ready with fresh paint and brand-new flooring throughout. Step inside to a bright and inviting living space that leads to a updated kitchen, featuring newer countertops. The sewer was replaced in 2021, the home also offers a 1-car garage for convenience and extra storage. Outside, you'll find a huge fenced-in backyard, providing plenty of space for pets, gardening, or summer cookouts! Welcome Home!

$121,000

3 beds1 bath892 sq ft

2516 Northbridge Ct, Granite City, IL 62040

Newer countertops • Brand-new flooring • Fresh paint

Property at 15 Fontainebleau Dr, Granite City, IL 62040, 3 beds, 1.5 baths

$85,000

3 beds1.5 baths1,120 sq ft

15 Fontainebleau Dr, Granite City, IL 62040

Property at 3615 Horn Ave, Alton, IL 62002, 2 beds, 1 bath

$125,000

2 beds1 bath936 sq ft

3615 Horn Ave, Alton, IL 62002

Property at 1200 Alton Ave, Madison, IL 62060, 3 beds, 1.5 baths

$94,900

3 beds1.5 baths1,092 sq ft

1200 Alton Ave, Madison, IL 62060

Property at 1745 Spruce St, Granite City, IL 62040, 2 beds, 1 bath

$94,999

2 beds1 bath800 sq ft

1745 Spruce St, Granite City, IL 62040

Property at 1917 Liberty St, Alton, IL 62002, 3 beds, 2 baths

$250,000

3 beds2 baths1,236 sq ft

1917 Liberty St, Alton, IL 62002

Property at 2704 Idaho Ave, Granite City, IL 62040, 3 baths

$110,000

Studio3 baths1,440 sq ft

2704 Idaho Ave, Granite City, IL 62040

Property at 2935 Morgan Ave, Granite City, IL 62040, 3 beds, 1 bath

$90,000

3 beds1 bath872 sq ft

2935 Morgan Ave, Granite City, IL 62040

Property at 2150 Winter Ln, Godfrey, IL 62035, 3 beds, 2 baths

$450,000

3 beds2 baths1,946 sq ft

2150 Winter Ln, Godfrey, IL 62035

Property at Undisclosed address, Granite City, IL 62040, 11 beds, 11 baths

$285,500

11 beds11 baths2,470 sq ft

Undisclosed address, Granite City, IL 62040

Property at 2026 Serenade Ln, Troy, IL 62294, 3 beds, 2 baths

$360,000

3 beds2 baths1,700 sq ft

2026 Serenade Ln, Troy, IL 62294

Property at 2842 Washington Ave, Granite City, IL 62040, 2 beds, 2 baths

$139,900

2 beds2 baths960 sq ft

2842 Washington Ave, Granite City, IL 62040

Property at 4131 Old Alton Rd, Granite City, IL 62040, 3 beds, 1 bath

$179,900

3 beds1 bath1,872 sq ft

4131 Old Alton Rd, Granite City, IL 62040

Property at 1724 Kennedy Dr, Madison, IL 62060, 4 beds, 4 baths

$260,000

4 beds4 baths2,190 sq ft

1724 Kennedy Dr, Madison, IL 62060

Property at 2211 E 24th St, Granite City, IL 62040, 2 beds, 1 bath

$72,000

2 beds1 bath764 sq ft

2211 E 24th St, Granite City, IL 62040

Property at 905 State Rt 111, Granite City, IL 62042

$185,000

Studio— baths— sq ft

905 State Rt 111, Granite City, IL 62042

Property at 4 Leone Ct, Maryville, IL 62062, 3 beds, 1.5 baths

$299,900

3 beds1.5 baths1,608 sq ft

4 Leone Ct, Maryville, IL 62062

Property at 306 S Aurora St, Collinsville, IL 62234, 4 beds, 2 baths

$215,500

4 beds2 baths2,300 sq ft

306 S Aurora St, Collinsville, IL 62234

Property at 722 N 9th St, Wood River, IL 62095, 3 beds, 1.5 baths

$198,500

3 beds1.5 baths1,388 sq ft

722 N 9th St, Wood River, IL 62095

Property at 300 S Charles St, Edwardsville, IL 62025, 4 beds, 3 baths

$295,000

4 beds3 baths1,600 sq ft

300 S Charles St, Edwardsville, IL 62025

Property at 1413 9th St, Highland, IL 62249, 4 beds, 4 baths

$215,000

4 beds4 baths2,432 sq ft

1413 9th St, Highland, IL 62249

Property at 921 N Stanley Rd, Cottage Hills, IL 62018, 3 beds, 1 bath

$109,900

3 beds1 bath988 sq ft

921 N Stanley Rd, Cottage Hills, IL 62018

Property at 9043 Slemer Ln, Worden, IL 62097, 4 beds, 3 baths

$399,000

4 beds3 baths2,994 sq ft

9043 Slemer Ln, Worden, IL 62097

Property at 2517 Roney Dr, Granite City, IL 62040, 3 beds, 1.5 baths

$139,900

3 beds1.5 baths968 sq ft

2517 Roney Dr, Granite City, IL 62040

Property at 224 Country Club Vw, Edwardsville, IL 62025, 2 beds, 2 baths

$397,500

2 beds2 baths1,522 sq ft

224 Country Club Vw, Edwardsville, IL 62025

Property at 300 Pine Lake Rd #12, Collinsville, IL 62234, 2 beds, 2 baths

$175,000

2 beds2 baths1,144 sq ft

300 Pine Lake Rd #12, Collinsville, IL 62234

Property at 7434 Clarence Ct, Glen Carbon, IL 62034, 2 beds, 2.5 baths

$400,000

2 beds2.5 baths1,744 sq ft

7434 Clarence Ct, Glen Carbon, IL 62034

Property at 1110 Tulip Ln, Highland, IL 62249, 3 beds, 2.5 baths

$279,900

3 beds2.5 baths1,542 sq ft

1110 Tulip Ln, Highland, IL 62249

Property at 101 Sheppard St, East Alton, IL 62024, 3 beds, 1 bath

$155,000

3 beds1 bath1,200 sq ft

101 Sheppard St, East Alton, IL 62024

Property at 136 Virginia St, Bethalto, IL 62010, 3 beds, 2 baths

$299,900

3 beds2 baths1,400 sq ft

136 Virginia St, Bethalto, IL 62010

Property at 2507 Denver St, Granite City, IL 62040, 4 beds, 2 baths

$150,000

4 beds2 baths1,411 sq ft

2507 Denver St, Granite City, IL 62040

$360,000

3 beds2 baths1,640 sq ft

3418 Maple Ridge Dr, Wood River, IL 62095

Property at 2405 Ohio Ave, Granite City, IL 62040

$52,000

Land6,250 sq ft (lot)

2405 Ohio Ave, Granite City, IL 62040

Property at 632 Birch Ave, Edwardsville, IL 62025

$39,900

Land0.25 acre (lot)

632 Birch Ave, Edwardsville, IL 62025

Property at 1932 4th St, Madison, IL 62060

$1,000

Land0.31 acre (lot)

1932 4th St, Madison, IL 62060

$50,000

Land2.06 acres (lot)

0 Lake Dr, Alton, IL 62002

Property at 4 Trio Ln, Edwardsville, IL 62025

$259,900

Land10.17 acres (lot)

4 Trio Ln, Edwardsville, IL 62025

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Based on information submitted to the MLS GRID as of Tue Oct 27 2026. 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.

Cheap Homes for Sale in Madison County

There are currently 794 cheap homes for sale in Madison County at a median listing price of $222K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Madison County stay on the market for 43 days and receive 1 offers. This map is refreshed with the newest listings in Madison County every 15 minutes.

In the past month, 296 homes have been sold in Madison County. In addition to houses in Madison County, there were also 24 condos, 2 townhouses, and 25 multi-family units for sale in Madison County last month. Find your dream home in Madison County using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Madison County are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Madison County. If you're looking to sell your home in the Madison County area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Madison County with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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