Collinsville, IL Home Values & Market Trends
Real estate market trends reflect that there have been 571 transactions over the past year in Collinsville. The median value for residential home transactions that occurred over the previous year is $210,000. The number of current listings in Collinsville is 387, and the percentage of properties for sale in the city is 387.00%. Collinsville, IL currently has 43 properties in foreclosure, 6 bank owned properties, 2 properties headed for auction, and 387 properties for sale.
Collinsville, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 62234 | $ 210,000 $ 181/sqft |
Housing Market Summary for Collinsville, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $174.9K | $230K | 31.50% |
| Median Sold Price | $214.1K | $194.8K | -9.01% |
| Homes For Sale | 227 | 374 | 64.76% |
| Homes Sold | 343 | 194 | -43.44% |
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 $20,000 to $805,261. The median estimated value of a home in Collinsville is $210,000. The median list price of a home is 230,000, and the total count of properties in the city is 672.
- Pre-ForeclosurePre-foreclosure homes account for 5.21% of all residential properties in Collinsville, IL with 62234 containing 35 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 $379,732 in 62234 to the lowest home value of $43,327 in 62234.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Collinsville, IL ranges from the highest value of $309,396 in 62234 to the lowest value of $68,000 in 62234. Bank owned homes and properties account for 0.89% of properties in Collinsville, IL. There is 1 zips within Collinsville, IL; 62234 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions62234 has 2 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 0.30% 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 $225,104 in 62234 to the lowest value of $62,384 in 62234.
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Guide for Collinsville, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
