Sangamon County Homes under $500,000

Our website features the best real estate search for homes, condos, land and foreclosure properties available in Sangamon County and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes.

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest Sangamon County Homes under $500,000

$219,900

3 Beds ⋅ 3 Baths ⋅ 12775431 MLS ⋅ NEW Status

Welcome to this beautifully updated home in the highly sought-after Indian Hills neighborhood! The inviting main level features an open floor plan with a spacious living room and wood-burning fireplace, creating a wonderful gathering space. The dining area opens through sliding doors to a large deck overlooking the fully fenced backyard-great for entertaining, relaxing, or enjoying the outdoors. The main level features three bedrooms and two full baths, while the completely remodeled lower level provides even more living space. Finished with brand new luxury vinyl flooring and thoughtful updates, the lower level includes a comfortable family room with a second fireplace, an additional bedroom, and a half bath-well suited for guests, a home office, or a private retreat. Laundry is currently located on the lower level; however, there are washer and dryer hook ups on the main level as well. The recently updated garage adds another great feature with new insulation and a stylish designer epoxy floor. Just off the back deck, an additional room provides many possibilities for a rec room, hobby space, workshop, storage, or whatever best suits your needs. Outside, enjoy the large, fully fenced backyard and plenty of space to entertain or relax. Conveniently located near shopping, schools, and everyday amenities, this Indian Hills home features an abundance of updates, flexible living space, and a fantastic location!

2117 N Keokuk Road, Springfield

$409,900

2 Beds ⋅ 2 Baths ⋅ 12773684 MLS ⋅ NEW Status

Welcome to this unique property, a rare opportunity waiting to be explored. The structure features an intriguing design that promises a versatile space for various uses. With undefined potential, this property invites you to unleash its possibilities. Whether you're looking to create a personalized living area or develop a functional workspace, the options are limitless. The exterior boasts a facade that captures the essence of its surroundings, offering a glimpse of the potential within. Step inside to discover undefined spaces that can be tailored to suit your needs. This property stands as a blank canvas, ready for the creative vision of its new owner. Embrace the chance to shape this undefined property into something special. Don't miss the opportunity to explore its potential and make it your own.

1704 Blenheim Drive, Springfield

$26,500

2 Beds ⋅ 1 Baths ⋅ 12772886 MLS ⋅ NEW Status

Unlock the potential at 2180 S. 17th St. in Springfield! This 2-bedroom, 1-bath home is ready for its next chapter and presents an excellent opportunity for investors, flippers, or buyers looking for an affordable renovation project. With solid upside potential, this property offers the chance to add value through updates and improvements. The home is in need of some TLC, and is being sold as is / where is, making it ideal for those looking to build equity or expand their investment portfolio. Conveniently located with easy access to major roadways, shopping, dining, and local amenities. Bring your vision and transform this property into something special. Don't miss this chance to invest in an affordable Springfield property with plenty of potential!

2180 S 17Th Street, Springfield

$230,000

5 Beds ⋅ 3 Baths ⋅ 12755309 MLS ⋅ ACTIVE Status

This is a three unit income producing building, with a basement/garden level unit, a ground floor unit, and a second floor unit. The basement/garden level unit is 1 bedroom, 1 bath, living room, and eat-in kitchen. This needs fully refurbished to put back in service, so an opportunity for sweat equity while receiving immediate income from the other two units. The ground floor unit is designed as 2 bedroom, 1 bath, kitchen, dining room, and living room. Since the kitchen is large enough for a table for eating, many tenants have used the living room as an optional bedroom and the dining room as a living room / TV room. The second floor unit is designed as 2 bedroom, 1 bath, kitchen, dining room, and living room. Since the kitchen is large enough for a table for eating, many tenants have used the living room as an optional bedroom and the dining room as a living room / TV room. There is a common basement area that could be made accessible to all tenants with potential for a coin operated washer and dryer to be installed.

2312 S 6Th Street, Springfield

$159,900

3 Beds ⋅ 2 Baths ⋅ 12755006 MLS ⋅ ACTIVE Status

Step into the timeless character of this beautiful Queen Anne-style home, where historic charm meets thoughtful modern updates. From its distinctive architecture to its inviting interior, this home has character you simply don't find in newer construction. Inside, you'll find updated flooring throughout, updated windows with new blinds, and modern, up-to-date appliances. Major home systems have also been updated, including water, electrical, and HVAC, providing added comfort and peace of mind. A working fireplace creates a warm and welcoming centerpiece for the living space. Step outside onto the spacious 16' 9' walk-out deck overlooking a fully fenced backyard-good for relaxing, entertaining, grilling, or enjoying time with family and pets. Installed security cameras provide an additional layer of convenience and security. With its combination of classic Queen Anne architecture, modern improvements, generous outdoor space, and updated major systems, this home gives a wonderful opportunity to enjoy historic Springfield character without sacrificing today's comforts. Some photos have been virtually rendered.

1037 N 8Th Street, Springfield

$256,900

3 Beds ⋅ 2 Baths ⋅ 12744932 MLS ⋅ ACTIVE Status

This turn-key well maintained home provides the convenience of single-level living and peace of mind that major mechanical and structural improvements have been updated. The convenience of single-level Capital Improvements includes sewer line access (2026), central air conditioning and ductwork (2021), radon mitigation system (2024), roof (2020), seamless gutters (2022), chimney enclosure (2022), garage door with a MyQ smart garage door opener (2022), patio door (2025), driveway and sidewalk (2019). Improvements that directly impact your convenience and comfort include kitchen remodel with soft close hardware, LVT Flooring, counter-depth refrigerator, tiled back splash and approximately 22' of base and wall cabinets including pantry cabinets. Bathroom remodels with tiled floors, tiled tub surrounds and soaker tubs. This corner lot, single family 3-bedroom, 2 bath home with privacy fenced back yard offers valuable privacy. Living space provides room to entertain with an eat-in kitchen, living room, family room, covered porch, patio and garden shed that extend living and storage space. Situated in the Flaggland Park neighborhood of Sherman and within the sought-after Williamsville-Sherman School District, Flaggland Parks offers sidewalk-walking paths, a park, pond, children's play area and convenient access to the Sherman Library for neighborhood residents. The Village of Sherman offers easily accessible retail services, police and fire protection and parks with newer amenities including amphitheater, children's playground, splash-pad, picnic shelters, fitness equipment pad and 8 pickle-ball courts coming soon that provide quality outdoor recreational activities. This home has been pre-inspected to make owning this home easy!

301 Westhampton Drive, Sherman

$235,000

3 Beds ⋅ 4 Baths ⋅ 12673192 MLS ⋅ ACTIVE Status

ATTENTION INVESTORS!! This charming large 3-bedroom, 3.5-bathroom home in Jerome is full of character and potential! The spacious living/family room features soaring ceilings, a cozy double-sided fireplace, and a convenient wet bar-making it the perfect place to relax or entertain guests. Step outside to enjoy two large decks that provide plenty of space for outdoor gatherings with family and friends. The garage also includes an attached workshop, ideal for hobbies, projects, or extra storage. With so much to offer, this home is ready for your personal touch. Priced to reflect the updates and improvements needed, it presents a wonderful opportunity to make it your own! Property is being sold as-is.

1644 W Homewood Avenue, Springfield

$415,000

4 Beds ⋅ 4 Baths ⋅ 12652719 MLS ⋅ ACTIVE Status

Beautifully updated all-brick ranch offering nearly 4,000 square feet of finished living space in one of Sherman's most desirable settings. Backing directly to open green space with no rear neighbors, this home combines privacy, functionality, and modern updates with a rare park-like backyard view. The main level features an open-concept layout with updated luxury vinyl flooring, fresh paint, updated trim, modern lighting, and new interior doors throughout. The spacious living room flows seamlessly into the kitchen and dining area, creating the perfect setup for entertaining or everyday living. The kitchen offers granite countertops, stainless steel appliances, ample cabinetry, and a large breakfast bar overlooking the main living space. The fully finished basement adds exceptional additional living space with a massive recreation area, custom bar, flex room perfect for an office, gym, or guest room, plus abundant storage. Whether hosting family and friends or simply needing room to spread out, this basement delivers. The primary suite features a private bath with updated vanity, while additional bedrooms offer generous space and fresh finishes throughout. Additional updates include new front and garage entry doors, updated fixtures, and newer flooring throughout much of the home. Step outside onto the large rear deck overlooking expansive open green space, providing a peaceful and private setting rarely found in this price range. Located within the highly sought-after Williamsville-Sherman School District #15 and within walking distance to a newly developed park and splash pad. Move-in ready homes with this level of space, updates, finished basement, and premium lot setting do not come available often.

4 Sebring Road, Springfield

516 S Martin Luther King Jr Drive, Springfield

$54,793

2 Beds ⋅ 1 Baths ⋅ 12646034 MLS ⋅ ACTIVE Status

516 S Martin Luther King Jr Drive, Springfield

$55,753

2 Beds ⋅ 1 Baths ⋅ 12646027 MLS ⋅ ACTIVE Status

1702 E Cummins Avenue, Springfield

$58,428

2 Beds ⋅ 1 Baths ⋅ 12645971 MLS ⋅ ACTIVE Status

All Investors welcome

220 S David Street, Springfield

$56,908

2 Beds ⋅ 1 Baths ⋅ 12645960 MLS ⋅ ACTIVE Status

Investors welcome

1900 S 19Th Street, Springfield

Start Your Search

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Copyright 2026 MRED LLC. All rights reserved.

Based on information submitted to the MLS Grid as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MLS Grid. MRED 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.

NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Some listings have been excluded from this website.