$3,919 Closing Credit*
$330,000
2,500 SqFt
5 Beds
•3 Full Baths
Listing Office: Sweet Home Alabama Real Estate
Is Collinsville, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Collinsville was a Seller's Market.
Key Takeaway
Collinsville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Collinsville, AL
How much do homes in Collinsville, AL cost?
Median Sold Price
$225,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$25,000(-10.0%)
Key Takeaway
Homes in Collinsville have sold for 10% less than they did a year ago.
Summary: The median home sold price in Collinsville was $225,000 in October 2024, down 10% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $227.5K | $250K | +9.9% |
| 3 Bedrooms | $287K | $225K | -21.6% |
| 4 Bedrooms | $281.8K | $165K | -41.4% |
| 5+ Bedrooms | $309K | - | N/A |
Summary: Collinsville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.9%, 3 bedroom homes decreased by 21.6%, 4 bedroom homes decreased by 41.4%, and 5+ bedroom homes did not change.
Housing Supply in Collinsville, AL
How many homes are available in Collinsville, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Collinsville real estate market had 8 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Collinsville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Collinsville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Collinsville in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Collinsville, AL
We’re sorry, we don't have information for this market at the moment
