Collinsville Home Values

While Grayson County closings settled near $173 per square foot over the trailing three months, Collinsville transactions landed roughly 50 percent higher — around $260 per square foot — a divergence that has persisted across the prior year as well. Based on MLS data for 2026-06 closings in Collinsville, the median sale price among recent transactions settled near $570,000, approximately $255,000 above the county median. Sellers in Collinsville gave back less than two cents on the dollar at closing, while county-wide sellers conceded nearly five cents. The concession rate here — roughly one in five deals — runs at less than half the county rate of nearly four in ten, suggesting the directional data points toward a meaningfully different competitive dynamic in this market relative to the broader Grayson baseline.

The pipeline in Collinsville presents a notable imbalance: about 85 active listings sit against only 14 pending contracts, a ratio that points toward selective buyer engagement rather than broad absorption. Months of supply near 12 mirrors the county benchmark closely, suggesting the elevated inventory-to-pending gap is a shared regional condition rather than a Collinsville-specific dynamic. New listing activity added roughly 43 homes over the trailing three months, continuing to outpace the pending count. The supply picture here tracks the county pattern directionally, though the limited sample size means the pending-to-active ratio warrants monitoring before drawing firm conclusions about near-term demand.

Collinsville's recent closings are landing at roughly $265 per square foot — a meaningful step up from the trailing annual average near $205, suggesting the most recent transactions reflect a higher-price segment of the local housing stock. The median sale price among recent closings settled around $570,000, based on MLS data for 2026-05 closings in Collinsville, with sellers receiving close to 98 cents on the dollar. About one in five closed transactions included a seller concession, down from roughly one in three over the prior year, indicating that price negotiation has compressed on deals that are actually closing. Year-over-year price appreciation registers near 19 percent.

Active inventory in Collinsville holds at roughly 83 homes, while the pending count has pulled back to around 14 — a notably lean pipeline relative to the volume of listings on market. Months of supply sits near 12, well above the threshold that signals balanced conditions. New listings continue to arrive at a moderate pace, with about 41 added over the trailing three months. Days on market for recent transactions has compressed sharply, though the mismatch between active and pending inventory suggests selective buyer engagement rather than broad-based absorption.