The housing market in Collinsville, AL is thriving. The median value of a house is $170,600 which is significantly lower than the US median value of $338,100. The 1 year appreciation rate of houses is also much higher in Collinsville at 17.72%, compared to the US rate of 8.27%. This means that people can afford more for their money in Collinsville and are seeing a greater return on their housing investments. It's no wonder why this city has become such an attractive place for people looking to buy or rent a home.
The median home cost in Collinsville is $170,600. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Collinsville is up 17.9%.
Average Age of Homes
- The median age of Collinsville real estate is 35 years old
The Rental Market in Collinsville
- Renters make up 37.8% of the Collinsville population
- 1.1% of houses and apartments in Collinsville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.