Collinsville, IL 62234 - Real Estate Investment Insights & Performance Data

Welcome to our 62234 real estate data hub, tailored for investors in Collinsville, IL. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 62234 in Collinsville, IL. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MADISON COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Collinsville, IL real estate investing. Uncover the wealth of information available, and position yourself for success in the Collinsville property market.

• Location Overview

  • Zip Code: 62234
  • City: Collinsville
  • State: IL
  • Metro Area: St. Louis, MO-IL
  • County Name: MADISON COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $160,719
  • Average Home Price (Single Family Homes): $162,344
  • Average Monthly Rental Price (All Types): $1,022
  • Price-to-Rent Ratio: 13
  • Zillow Projected % appreciation from 4/2023-4/2024: -0.5%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,000
  • Average 3 Bedroom Section 8 Rental Rates: $1,300
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 13.39
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 10.3
  • Number of Units Offered in Section 8 in the County: 2123
  • Number of Occupied Units in Section 8 in the County: 2036
  • Percentage of Section 8 Units Occupied in the County: 95.90000153%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 129.63
  • Total % Appreciation since 2000 (Government Data): 69.05
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.07%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.43%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 31.26%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 45.8%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 60.44%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 43.11%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 78.17%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%