With only 1.0 months of inventory, Collinsville remains a seller's market. The median home price in Collinsville currently stands at $95,000. At the current pace, all available homes in Collinsville would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 13 days to sell, which is NaN days longer than this time last year. The majority of homes (100.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Collinsville market with the affordability index at 270.3. Based on current market indicators, home prices in Collinsville are projected to decrease by approximately 3.3% over the next month.
Collinsville, AL has a total population of 3,878 residents. with a significant Hispanic/Latino community (22.3%). This creates a relatively diverse demographic makeup for the area. The small population size creates an intimate community atmosphere in Collinsville, AL.
Crime analysis for Collinsville, AL shows 6 total incidents across all categories. The most prevalent crime type is Assault (100.0% of all incidents). The crime rate in Collinsville, AL is very low, with violent crimes being more common than property crimes. This suggests Collinsville, AL is generally a safe area for residents and visitors.
Investment hotspot data for Collinsville, AL is currently unavailable.
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