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Foreclosure Homes in Collison, IL

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Collison, IL Foreclosures

How much do homes sell for in Collison, IL?
The average home price is currently $122,596.
In Collison, IL, how many homes are available?
There are currently 1 active home listings available in Collison.
What’s the average rental cost in Collison, IL?
The average rental price in Collison is $946.
What is the most expensive home in Collison?
The most expensive home sold in Collison had a price of $329,052.
What is currently the cheapest priced home in Collison, IL?
The cheapest home for sale in Collison is priced at $55,080.

Living in Collison, IL

Collison, Illinois, is a quaint community that offers a peaceful atmosphere and strong sense of community. It combines the charm of small-town living with recreational opportunities in nature and robust educational resources. Residents enjoy nearby parks, local shops, and a welcoming environment perfect for families and individuals alike.

Current Market Conditions in Collison, IL

The real estate market in Collison is stable, with modest price appreciation noted in recent months. Properties in this area primarily attract first-time homebuyers and families seeking affordable housing options in a rural setting.

As more people seek out communities with lower living costs and a community-oriented lifestyle, Collison is seeing an uptick in interest. This trend is leading to a healthy turnover of homes as buyers are drawn to the charm and opportunities the town offers.

Home Value Estimator For Collison, IL

There are currently 49 real estate properties in Collison, IL, with a median automated valuation model (AVM) price of $94,540.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Collison, 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 Collison, IL, is $122,596.00, with the most expensive house in Collison, IL, topping out at $329,052.00 and the cheapest home in Collison, IL, clocking in at $55,080.00. In other words, there’s something for every potential homebuyer or savvy investor in Collison, IL!

Rent Prices In Collison, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Collison, IL, is on a rollercoaster ride. The average rent price in Collison, IL, is $946.00. Indeed, when looking to rent in Collison, IL, you can expect to pay as little as $630.00 or as much as $1,590.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Collison, 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.

Collison, IL Foreclosures


Market Trend for Collison, IL

Total Listings Available: 1

Market Values:

Home Prices from $55,080 to $329,052

Average Sales Price: $122,596

Rental Values:

Rental from $630 to $1,590

Average Rent Value: $946 / month

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