Foreclosure Homes in Collinsville, IL

Current Market Conditions in Collinsville, IL

The real estate market in Collinsville is currently experiencing steady growth, with home values appreciating as demand rises among buyers seeking affordable housing options near St. Louis. Inventory is moderate, and homes are selling relatively quickly, making it a competitive market for both buyers and sellers. The suburban feel of Collinsville, combined with its access to urban attractions, continues to attract new residents.

Investors and homebuyers are increasingly interested in Collinsville due to its favorable location and affordable pricing. As families move into the area seeking a blend of suburban living and urban convenience, the rental market is also seeing growth, further enhancing the region's appeal.

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.