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Sarah Mitchell

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Compass Real Estate · Collinsville, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Collinsville, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Collinsville, IL Housing Market

Strong seller's market+5.2% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The typical home in Collinsville, IL is worth $198,331, rose 5.2% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $183,500, +1.9% year over year (through May 2026). With 1.4 months of supply and homes going under contract in about 29 days, Collinsville is a strong seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $198,331 home is about $1,020/mo in principal and interest.

Key numbers for Collinsville, IL

Typical home value

$198,331

+5.2% in 12 months

Zillow, July 2026

Typical asking rent

$1,203/mo

Zillow Observed Rent Index

Zillow, July 2026

Median sale price

$183,500

+1.9% year over year

Redfin, through May 2026

Days on market

29

Average pace

Redfin, through May 2026

Active listings

38

1.4 months of supply

Redfin, through May 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Median household income

$65,170

Home costs 3.0x income

U.S. Census ACS, 2023

Sale-to-list ratio

102.2%

Selling above asking

Redfin, through May 2026

Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Collinsville a buyer's or seller's market?

Strong seller's market1.4 months of supply29 days on market102.2% of asking

Collinsville, IL is a strong seller's market, based on 1.4 months of supply and homes selling in about 29 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Collinsville housing market data show?

Every row below is Redfin's final published month for Collinsville, IL. Redfin, through May 2026

Housing market statistics for Collinsville, IL, Redfin through May 2026
MetricValue
Median sale price$183,500
Median list price$200,000
Year-over-year price change+1.9%
Median price per sq ft$136/sq ft
Median days on market29 days
Active inventory38 listings
Months of supply1.4 months
Sale-to-list price ratio102.2%
Homes sold (that month)27
New listings (that month)34
Listings with a price cut26.3%
Market conditionStrong seller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Collinsville is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Collinsville is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Collinsville home prices moved?

Over the last three years the median sale price in Collinsville, IL rose 15.4%, from $159,000 to $183,500. The live Zillow value series has rose 5.2% in the last 12 months, which is the more current read now that Redfin's series has stopped. 26.3% of Collinsville listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.4 months while the sale-to-list ratio slips below its current 102.2%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Collinsville?

Priced off the typical home value of $198,331 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Collinsville, IL
Down paymentCash at closeLoan amountMonthly P&I
20%$39,666$158,664$1,020/mo
5%$9,917$188,414$1,211/mo

Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,020, that implies roughly $43,698 a year before you add taxes and insurance. The median household in Collinsville earns $65,170, about $21,472 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.0x — close to the historical 3x norm, which is unusual in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Collinsville in the next 12 months?

Tell us your timeline. We send the Collinsville market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Collinsville?

Typical asking rent in Collinsville, IL is $1,203/mo, against a typical home value of $198,331. That is a price-to-rent ratio of 13.7x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $1,020 a month — $183 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.

Zillow, July 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Collinsville?

Active listings in Collinsville, IL went from 50 in May 2025 to 38 in May 2026, a -24.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Collinsville, IL
MonthActive listingsNew listings
June 20254831
July 20254426
August 20255642
September 20256033
October 20254924
November 20254820
December 20254025
January 20263221
February 20262614
March 20263327
April 20263632
May 20263834

Redfin, through May 2026

How does Collinsville compare to Illinois and the U.S.?

Collinsville homes sell for $183,50046% below the Illinois median of $337,900. Against the national median of $410,700, Collinsville runs 55% lower. Year-over-year, Collinsville moved +1.9% against Illinois's +5.9%a smaller swing than the state as a whole.

Collinsville, IL compared with Illinois and the United States
MarketMedian sale priceYoYDays on market
Collinsville, IL$183,500+1.9%29 days
Illinois statewide$337,900+5.9%43 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Collinsville

What buyers should watch

  • Months of supply, currently 1.4. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 26.3%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $191 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $198,331 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Collinsville listing goes under contract in 29 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 102.2% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Collinsville added 34 new listings against 27 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +5.2% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Collinsville varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Collinsville

There are currently 38 homes listed for sale in Collinsville, Illinois. The median listing price is $200K. Featured listings range from $75,000 to $385,000.

3 bedroom house for sale at 801 Strong Ave Collinsville 62234 - $75,000
New Listing
10
$75,000

801 Strong Ave

Collinsville, IL 62234

3 bd1 ba1,344 sqft$56/ft²
House10,890 sqft lot

RE/MAX Alliance

View photos & details
land for sale at Mabry Collinsville 62234 - $90,000
New Listing
3
$90,000

Mabry

Collinsville, IL 62234

Land2.18 acres

RE/MAX Alliance

View photos & details
2 bedroom house for sale at 150 Helen Pl Collinsville 62234 - $150,000
New Listing
8
$150,000

150 Helen Pl

Collinsville, IL 62234

2 bd2 ba2,304 sqft$65/ft²
House9,148 sqft lot

Keller Williams Pinnacle

View photos & details
2 bedroom house for sale at 1121 W Main St Collinsville 62234 - $164,900
New Listing
39
$164,900

1121 W Main St

Collinsville, IL 62234

2 bd1 ba1,062 sqft$155/ft²
House8,686 sqft lot

Century 21 Bailey & Company

View photos & details
2 bedroom house for sale at 1213 Portland Ave Collinsville 62234 - $164,900
New Listing
26
$164,900

1213 Portland Ave

Collinsville, IL 62234

2 bd1 ba1,078 sqft$153/ft²
House15,298 sqft lot

Live Laugh Illinois Real Estate Group

View photos & details
2 bedroom house for sale at 826 Kneedler St Collinsville 62234 - $180,000
29
$180,000

826 Kneedler St

Collinsville, IL 62234

2 bd1 ba1,391 sqft$129/ft²
House15,372 sqft lot

Re/Max Alliance

View photos & details
3 bedroom house for sale at 726 Maple St Collinsville 62234 - $180,000
New Listing
51
$180,000

726 Maple St

Collinsville, IL 62234

3 bd2 ba1,712 sqft$105/ft²
House7,501 sqft lot

Keller Williams Marquee

View photos & details
4 bedroom house for sale at 1008 W Main St Collinsville 62234 - $200,000
New Listing
15
$200,000

1008 W Main St

Collinsville, IL 62234

4 bd2 ba1,420 sqft$141/ft²
House7,802 sqft lot

Real Point Realty Inc.

View photos & details
4 bedroom house for sale at 414 Rebecca Ave Collinsville 62234 - $237,500
New Listing
47
$237,500

414 Rebecca Ave

Collinsville, IL 62234

4 bd2 ba1,704 sqft$139/ft²
House7,000 sqft lot

Berkshire Hathaway HomeServices Select Properties

View photos & details
2 bedroom house for sale at 306 Northoak Dr Collinsville 62234 - $269,900
New Listing
31
$269,900

306 Northoak Dr

Collinsville, IL 62234

2 bd3 ba2,600 sqft$104/ft²
House

Re/Max Signature Properties

View photos & details
5 bedroom house for sale at 405 Junghans Dr Collinsville 62234 - $295,000
New Listing
45
$295,000

405 Junghans Dr

Collinsville, IL 62234

5 bd3 ba3,035 sqft$97/ft²
House14,566 sqft lot

RE/MAX Alliance

View photos & details
4 bedroom house for sale at 102 Timberwood Ln Collinsville 62234 - $385,000
New Listing
56
$385,000

102 Timberwood Ln

Collinsville, IL 62234

4 bd4 ba2,971 sqft$130/ft²
House32,243 sqft lot

RE/MAX Alliance

View photos & details

Looking to buy in Collinsville?

Get connected with a local real estate expert — free, no obligation.

Active listings

38

Homes on market

Median list price

$200K

Avg. days on market

29

Days until sale

New this week

34

Newly listed

Price drops:26.3%of listings
Sale-to-list:102.2%

How much do homes cost in Collinsville by property type?

How the Collinsville, IL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Collinsville, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$215,000$141/sq ft2529 days
Condo / co-op$61,250$63/sq ft228 days
Townhouse$138,000$115/sq ft1115 days

Who lives in Collinsville?

American Community Survey estimates for Collinsville. U.S. Census ACS, 2023

Population

24,126

Households

11,111

Median income

$65,170/yr

Median age

39.7 years

Owner-occupied

64.8%

Median home value

$157,700

Median gross rent

$979/mo

Mean commute

24.7 min

64.8% of occupied homes in Collinsville are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $157,700 against Zillow's $198,331 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $979/mo, below Zillow's $1,203/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Collinsville?

10 schools tracked · 5,259 students

The largest public schools serving Collinsville, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Collinsville High School

Grades 9-12 · 1,966 students

Public

Collinsville Middle School

Grades 7-8 · 940 students

Public

Dorris Intermediate Sch

Grades 4-6 · 807 students

Public

John A Renfro Elementary School

Grades PK-4 · 498 students

Public

Kreitner Elem School

Grades PK-4 · 378 students

Public

Webster Elementary School

Grades PK-4 · 339 students

Public

Twin Echo Elem School

Grades K-4 · 182 students

Public

Jefferson Elem School

Grades K-4 · 79 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Collinsville, IL?

Ordered by distance from Collinsville, not by size. Compare Collinsville side by side with any of them.

Which ZIP codes are in Collinsville?

These are the ZIP codes we see on active Collinsville listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Collinsville housing market FAQ

Is Collinsville a buyer's or seller's market?

Collinsville, IL is currently a strong seller's market. That read comes from 1.4 months of supply, homes going under contract in about 29 days, and sellers getting 102.2% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Collinsville?

The typical home in Collinsville, IL is worth $198,331 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $183,500, about $136 per square foot.

Is Collinsville cheaper than the rest of Illinois?

Collinsville's median sale price of $183,500 is 46% lower than the Illinois statewide median of $337,900, and 55% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Collinsville?

Homes in Collinsville, IL spent a median of 29 days on market before going under contract, versus 43 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Collinsville?

At the current 30-year fixed rate of 6.66%, 20% down on a $198,331 home is about $1,020 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $43,698 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $65,170.

Are home prices rising in Collinsville?

The typical home value in Collinsville, IL rose 5.2% over the last 12 months, from $188,518 to $198,331 (Zillow, July 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Collinsville?

Collinsville ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Collinsville?

That depends on your timeline, not on a headline. What the data says today: Collinsville, IL is a strong seller's market with 1.4 months of supply, the 30-year fixed rate is 6.66%, and the price-to-rent ratio of 13.7x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.