62234 Home Values & Market Trends

There are 38 homes currently listed for 62234. 62234 real estate market trends show that home prices range from $45,000 to $405,000, and the median sales price in the 62234 zip code is $175,869.67. The total number of properties sold within the past twelve months is 629. In 62234, 65 properties are in foreclosure, 7 are bank owned properties,and 11 are headed for auction.

62234 Real Estate Market Overview

CityMedian Est. Value
Collinsville

$ 188,875

$ 112/sqft

Housing Market Summary for 62234

Apr 2023March 2024Change
Median Listing Price$162.5K$174K7.05%
Median Sold Price$158K$174K10.13%
Homes For Sale323818.75%
Homes Sold318259-18.55%
Price
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Homes For Sale
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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%.

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Browse Homes in 62234

The median list price of a home in Collinsville, is $175,869.67. A total of 38 properties are for sale, and the percentage of properties for sale in the zip code is 38.00%. The total count of 62234 properties is 11,684.

Foreclosure
There is 1 cities within 62234; within this cities, the median estimated home value for homes in foreclosure ranges from $817,687 in collinsville to the lowest value of $38,596 in collinsville. Foreclosure homes account for 0.00% of properties in 62234 with collinsville containing 65 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.40% of all residential properties in 62234 with collinsville containing 47 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 62234; of that cities, the estimated home value for pre-foreclosure homes ranges from $419,649 in collinsville to the lowest home value of $56,176 in collinsville.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 62234 ranges from the highest value of $817,687 in collinsville to the lowest value of $38,596 in collinsville. Bank owned homes and properties account for 0.06% of properties in 62234. There is 1 cities within 62234; collinsville containing 7 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    collinsville has 11 auction properties, the highest number of properties going to auction in a single city in the state of 62234. Auction homes and other auction properties account for 0.09% of all properties in 62234. There is 1 cities within 62234; of that cities, the median estimated home value for homes going to auction ranges from $692,481 in collinsville to the lowest value of $61,495 in collinsville.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.33% of residential properties in 62234 with collinsville containing 38 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 62234; homes for sale in that cities, have a range of median values from $331,034 in collinsville to the lowest value of $34,411 in collinsville.
    Sold Homes
    The median value for recently sold homes ranges from $717,868 in collinsville to the lowest price of $22,055 in collinsville. There is 1 cities within 62234. collinsville has 351 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.00% of properties in 62234.

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      Guide for 62234

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.