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Foreclosures in Collison, IL

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Collison, IL Foreclosures

Current Market Conditions in in Collison, IL As of April 2026?
In the past month, Collison's real estate market has seen a slight uptick in buyer interest, primarily driven by the changing preferences for more space and rural living. Listings have increased by 5% while pending sales show a promising activity, indicating that buyers are actively pursuing properties. The average days on market for homes has decreased, reflecting a competitive market that favors sellers. With favorable mortgage rates, buyers are capitalizing on the opportunity to invest in this charming community.
How much do homes sell for in Collison, IL?
The average home price is currently $161,016.
In Collison, IL, how many homes are available?
There are currently 255 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 $712,188.
What is currently the cheapest priced home in Collison, IL?
The cheapest home for sale in Collison is priced at $52,202.

Living in Collison, IL

Collison, Illinois, is a quaint village characterized by a tight-knit community and picturesque rural landscapes. With a peaceful environment, it is perfect for families and retirees looking for a slower pace of life. The area offers access to outdoor activities and community events that enhance daily living.

Buyer vs Seller Market in Collison, IL

The real estate market in Collison is currently stable, displaying a modest increase in home values over the last quarter. The mixture of affordable properties and a few upscale homes caters to a diverse range of buyers, making it an appealing market for both investors and first-time homeowners.

Trends indicate a growing interest in rural living, with more families migrating to areas like Collison for its quiet lifestyle and lower cost of living compared to larger urban areas. This trend is expected to continue as more people search for spacious homes with access to nature.

Home Value Estimator For Collison, IL

There are currently 68 real estate properties in Collison, IL, with a median automated valuation model (AVM) price of $128,100.00. 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 $161,016.00, with the most expensive house in Collison, IL, topping out at $712,188.00 and the cheapest home in Collison, IL, clocking in at $52,202.00. 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


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