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Foreclosure Homes in Collinsville, IL

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Collinsville, IL Foreclosures

Current Market Conditions in in Collinsville, IL As of April 2026?
In the past month, Collinsville's housing market has continued to appreciate, with an increase in the number of home sales compared to the previous reporting period. Buyers are actively searching for homes, particularly family-oriented properties with good school districts. Historically low inventory levels have emphasized the importance of making timely decisions to secure homes — homes that go on the market are often sold quickly. Interest rates have maintained a relatively stable trend, keeping overall affordability in check despite rising prices.
How much do homes sell for in Collinsville, IL?
The average home price is currently $222,022.
In Collinsville, IL, how many homes are available?
There are currently 1 active home listings available in Collinsville.
What’s the average rental cost in Collinsville, IL?
The average rental price in Collinsville is $1,094.
What is the most expensive home in Collinsville?
The most expensive home sold in Collinsville had a price of $11,415,748.
What is currently the cheapest priced home in Collinsville, IL?
The cheapest home for sale in Collinsville is priced at $10,021.

Living in Collinsville, IL

Collinsville, located in Madison County, Illinois, is a classic Midwestern town that offers a blend of historical charm and modern amenities. It is known for its friendly community atmosphere and convenient location, just a short drive from St. Louis, Missouri. With a variety of parks, recreational facilities, and a strong emphasis on community events, it's a great place for families and individuals alike.

Buyer vs Seller Market in Collinsville, IL

The real estate market in Collinsville is currently showing strong growth, with a steady increase in home values over the past year. As more people are looking for affordable housing options close to urban areas like St. Louis, Collinsville has become an attractive choice for buyers. The area has a mix of charming older homes and new developments, catering to a variety of preferences and budgets.

In recent months, the demand for housing in Collinsville has surged, leading to a competitive market. Homes in desirable neighborhoods are seeing multiple offers and relatively quick sales, reflecting the growing interest in the area. As a result, sellers are increasingly able to price their homes optimally to take advantage of this trend.

Home Value Estimator For Collinsville, IL

There are currently 12,563 real estate properties in Collinsville, IL, with a median automated valuation model (AVM) price of $187,760.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Collinsville, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Collinsville, IL, is $222,022.00, with the most expensive house in Collinsville, IL, topping out at $11,415,748.00 and the cheapest home in Collinsville, IL, clocking in at $10,021.00. In other words, there’s something for every potential homebuyer or savvy investor in Collinsville, IL!

Rent Prices In Collinsville, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Collinsville, IL, is on a rollercoaster ride. The average rent price in Collinsville, IL, is $1,094.00. Indeed, when looking to rent in Collinsville, IL, you can expect to pay as little as $550.00 or as much as $2,360.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Collinsville, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Collinsville, IL Foreclosures


Market Trend for Collinsville, IL

Total Listings Available: 1

Market Values:

Home Prices from $10,021 to $11,415,748

Average Sales Price: $222,022

Rental Values:

Rental from $550 to $2,360

Average Rent Value: $1,094 / month

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