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Land and home values in Collinsville, IL

Collinsville is a city in Madison County, Illinois, home to about 24,031 people. Residential land runs about $2.98 per sq ft, the typical home is worth about $194,000, and a 2-bedroom rents for about $1,070 a month, as of October 12, 2026.

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Values in Collinsville

Land: residential$2.98per sq ft
Land: residential$129,678per acre
Land: quarter-acre lot$32,42010,890 sq ft
Home: typical (median)$194,000value
Home: entry-level$135,000lower quartile
Home: upper-end$244,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$857per month
Rent: 2-bedroom$1,070per month
Rent: 3-bedroom$1,360per month
Rent: 4-bedroom$1,580per month
Gross yield, 2-bed6.6%a year

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Questions people ask

How much is land worth in Collinsville, IL?

Residential land in Collinsville, IL is about $2.98 per square foot, or $129,678 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $32,420. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Collinsville, IL?

The typical (median) home in Collinsville, IL is worth about $194,000, with entry-level homes around $135,000 and upper-end homes around $244,000, as of October 2026.

How much is rent in Collinsville, IL?

A 2-bedroom rents for about $1,070 a month in Collinsville, IL, a 1-bedroom about $857 and a 3-bedroom about $1,360 (gross rent including utilities, HUD Fair Market Rent basis).

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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