Is Collinsville, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Collinsville has remained a Seller's Market.
Key Takeaway
Collinsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Collinsville, OK
How much do homes in Collinsville, OK cost?
Median Sold Price
$276,125
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Collinsville have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Collinsville was $276,125 in March 2024, up 4.6% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $43K | $45K | +4.7% |
| 2 Bedrooms | $116K | $150K | +29.3% |
| 3 Bedrooms | $247K | $257K | +4.0% |
| 4 Bedrooms | $327K | $341.7K | +4.5% |
| 5+ Bedrooms | $424.9K | $437.5K | +3.0% |
Summary: Collinsville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 29.3%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Cities
| Owasso | $265.8K | $317.3K | +19.4% |
| North Tulsa | $268K | $282.5K | +5.4% |
| Collinsville | $264K | $276.1K | +4.6% |
Housing Supply in Collinsville, OK
How many homes are available in Collinsville, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 93 | 106 | +14.0% |
Summary: The Collinsville real estate market had 106 homes for sale in March 2024, a 14.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 55 | 62 | +12.7% |
| 4 Bedrooms | 30 | 34 | +13.3% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Collinsville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 25 | +66.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Collinsville, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Collinsville in March 2024, up by 66.7% month-over-month. Of the 25 sold homes, 40% were sold under asking, 24% were sold at asking, and 36% were sold over asking.
Days on Market for Collinsville, OK
How long does it take to sell a home in Collinsville, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 44 Days | +17.0% |
Summary: Homes in Collinsville had an average of 44 days on market in Mar 2024, up by 17% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Collinsville are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 25 homes were sold in Collinsville; 56% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
