Collinsville, IL Home Values & Market Trends
Real estate market trends reflect that there have been 629 transactions over the past year in Collinsville. The median value for residential home transactions that occurred over the previous year is $175,900.63. The number of current listings in Collinsville is 39, and the percentage of properties for sale in the city is 39.00%. Collinsville, IL currently has 58 properties in foreclosure, 7 bank owned properties, 11 properties headed for auction, and 39 properties for sale.
Collinsville, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 62234 | $ 187,000 $ 110/sqft |
Housing Market Summary for Collinsville, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $162.5K | $174K | 7.05% |
| Median Sold Price | $158K | $174K | 10.11% |
| Homes For Sale | 32 | 38 | 18.75% |
| Homes Sold | 318 | 259 | -18.55% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Collinsville, IL
Browse Homes in Collinsville, IL
Collinsville home values range from $14,783 to $2,457,852. The median estimated value of a home in Collinsville is $175,900.63. The median list price of a home is 194,000, and the total count of properties in the city is 11,684.
- Pre-ForeclosurePre-foreclosure homes account for 0.34% of all residential properties in Collinsville, IL with 62234 containing 40 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Collinsville, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $419,649 in 62234 to the lowest home value of $56,176 in 62234.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Collinsville, IL ranges from the highest value of $817,687 in 62234 to the lowest value of $38,596 in 62234. Bank owned homes and properties account for 0.06% of properties in Collinsville, IL. There is 1 zips within Collinsville, IL; 62234 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions62234 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Collinsville, IL. Auction homes and other auction properties account for 0.09% of all properties in Collinsville, IL. There is 1 zips within Collinsville, IL; of that zips, the median estimated home value for homes going to auction ranges from $692,481 in 62234 to the lowest value of $61,495 in 62234.
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