Is Collinsville, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Collinsville is a seller's market

Buyer's
Market

Difference Since October 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

$276,225

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,225(+0.4%)

Key Takeaway

The sold price of homes in Collinsville has remained the same since last year.

Summary: The median home sold price in Collinsville was $276,225 in October 2024, up 0.4% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$45K
N/A
2 $150K$166.5K
+11.0%
3 $247K$260K
+5.3%
4 $343.7K$364.5K
+6.0%
5+ $434.9K$510K
+17.3%

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 11%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 17.3%.

Median Sold Price Compared To Nearby Cities

North Tulsa
+6.7%
Owasso
+3.9%
Collinsville
0.4%
Ochelata-Ramona
-45.1%

Housing Supply in Collinsville, OK

How many homes are available in Collinsville, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1421420.0%

Summary: The Collinsville real estate market had 142 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 66
0.0%
3 7472
-2.7%
4 5658
+3.6%
5+ 66
0.0%

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 2.7%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2726-3.7%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Collinsville, you may be able to get a good deal. 57.7% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Collinsville in October 2024, down by 3.7% month-over-month. Of the 26 sold homes, 58% were sold under asking, 23% were sold at asking, and 19% 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

Oct 2023Oct 2024CHANGE
69 Days42 Days-38.4%

Summary: Homes in Collinsville had an average of 42 days on market in Oct 2024, down by 38.4% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Collinsville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 26 homes were sold in Collinsville; 65% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Collinsville, OK

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