Is Collinsville Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Collinsville Township has remained a Seller's Market.
Housing Prices in Collinsville Township, IL
How much do homes in Collinsville Township, IL cost?
Median Sold Price
$199,125
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Collinsville Township was $199,125 in April 2024, up 5.4% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $47K | $54.5K | +16.0% |
2 Bedrooms | $120K | $132.5K | +10.4% |
3 Bedrooms | $189.9K | $208.2K | +9.6% |
4 Bedrooms | $286.5K | $278.7K | -2.7% |
5+ Bedrooms | $350K | $372.5K | +6.4% |
Summary: Collinsville Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Cities
Caseyville Township | $214.3K | $245K | +14.3% |
Glen Carbon | $300K | $332.4K | +10.8% |
Collinsville | $160.6K | $175K | +9.0% |
Collinsville Township | $189K | $199.1K | +5.4% |
Maryville | $321K | $307.7K | -4.1% |
Housing Supply in Collinsville Township, IL
How many homes are available in Collinsville Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
115 | 109 | -5.2% |
Summary: The Collinsville Township real estate market had 109 homes for sale in April 2024, a 5.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 27 | 19 | -29.6% |
3 Bedrooms | 60 | 61 | +1.7% |
4 Bedrooms | 23 | 25 | +8.7% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Collinsville Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 29.6%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 37 | -27.5% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in Collinsville Township in April 2024, down by 27.5% month-over-month. Of the 37 sold homes, 41% were sold under asking, 32% were sold at asking, and 27% were sold over asking.
Days on Market for Collinsville Township, IL
How long does it take to sell a home in Collinsville Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 36 Days | +4.3% |
Summary: Homes in Collinsville Township had an average of 36 days on market in Apr 2024, up by 4.3% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 37 homes were sold in Collinsville Township; 43% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.