Is Collinsville, VA 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 Last Month

Since last month, 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

$164,394

$166/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$55,606(-25.3%)

Key Takeaway

Homes in Collinsville have sold for 25.3% less than they did a month ago.

Summary: The median home sold price in Collinsville was $164,394 in November 2024, down 25.3% from last month, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$164.3K
N/A
3 --
N/A
4 $220K-
N/A
5+ --
N/A

Summary: Collinsville housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Martinsville
+48.3%
Collinsville
-25.3%

Housing Supply in Collinsville, VA

How many homes are available in Collinsville, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
550.0%

Summary: The Collinsville real estate market had 5 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 00
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Collinsville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Collinsville, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Collinsville in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Collinsville, VA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 23 Days Ago

Newest Listings in Collinsville, VA

Nearby Markets to Collinsville, VA

What housing markets are near Collinsville, VA?