$5,047 Closing Credit*
$424,999
3,596 SqFt
4 Beds
•2 Full Baths, 2 Partial
Listing Office: MKB, REALTORS(r)
Is Collinsville, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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, VA
How much do homes in Collinsville, VA cost?
Median Sold Price
$175,000
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,300(+13.9%)
Key Takeaway
Homes in Collinsville have sold for 13.9% more than they did a year ago.
Summary: The median home sold price in Collinsville was $175,000 in October 2024, up 13.9% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $104K | $104.5K | 0.5% |
| 3 Bedrooms | $152.9K | $170K | +11.2% |
| 4 Bedrooms | $206K | $210K | +1.9% |
| 5+ Bedrooms | $326K | - | 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 0.5%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Collinsville | $153.7K | $175K | +13.9% |
| Martinsville | $144.8K | $126.5K | -12.7% |
| Martinsville | $147.8K | $125.7K | -15.0% |
Housing Supply in Collinsville, VA
How many homes are available in Collinsville, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Summary: The Collinsville real estate market had 5 homes for sale in October 2024, a 400.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 3 | +100.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
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, up by 100.0% 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, VA
We’re sorry, we don't have information for this market at the moment
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.