Is Collinsville, OK 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 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
$275,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Collinsville have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Collinsville was $275,000 in April 2024, up 3.8% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $43K | $45K | +4.7% |
| 2 Bedrooms | $116K | $150K | +29.3% |
| 3 Bedrooms | $247K | $251K | +1.6% |
| 4 Bedrooms | $316.5K | $350K | +10.6% |
| 5+ Bedrooms | $427.4K | $434.9K | +1.8% |
Summary: Collinsville housing prices by bedroom type for April 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 1.6%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Cities
| Ochelata-Ramona | $235.7K | $370K | +56.9% |
| Owasso | $268.2K | $321.1K | +19.7% |
| Collinsville | $265K | $275K | +3.8% |
| North Tulsa | $275.2K | $273.3K | -0.7% |
Housing Supply in Collinsville, OK
How many homes are available in Collinsville, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 103 | 119 | +15.5% |
Summary: The Collinsville real estate market had 119 homes for sale in April 2024, a 15.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 62 | 69 | +11.3% |
| 4 Bedrooms | 31 | 40 | +29.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Collinsville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 29%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 30 | +15.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Collinsville, expect to pay close to the asking price. 46.7% of homes here sold near the asking price last month.
Summary: A total of 30 homes were sold or pending in Collinsville in April 2024, up by 15.4% month-over-month. Of the 30 sold homes, 40% were sold under asking, 47% were sold at asking, and 13% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 36 Days | 32 Days | -9.8% |
Summary: Homes in Collinsville had an average of 32 days on market in Apr 2024, down by 9.8% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 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 April 2024, 30 homes were sold in Collinsville; 63% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
