Market Overview
Home Prices in Collinsville, AL
The median home value in Collinsville, AL is $209,438 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.2% compared to a year ago and up 4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Collinsville are priced49% below average. Collinsville is part of the Fort Payne, AL metro area.
Over the past five years, Collinsville home values have risen by approximately18.0%, reflecting steady appreciation in this market.
Price History
Collinsville Home Price Trend
City Comparison
Collinsville vs. National Median
At $209,438, homes in Collinsville cost 49% below the national median of $410,000. This makes Collinsville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Collinsville?
20% Down Payment
$41,888
on $209,438
Monthly P&I
$1,092/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,387/mo
incl. taxes & insurance
Income Needed
$55,480
gross annual (30% rule)
10% Down Option
$20,944
+ PMI applies
Loan Amount (20% dn)
$167,550
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Collinsville, AL?
The median home value in Collinsville is $209,438 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.2% year-over-year.
How much have home prices changed in Collinsville?
Over the past year, home values in Collinsville have increased by 3.2%. Over five years, prices have risen approximately 18.0%.
How much do I need to earn to buy a home in Collinsville?
To comfortably afford the median home price of $209,438 with a 20% down payment ($41,888) at today's rates (6.8%), you'd need a gross annual income of approximately $55,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Collinsville compare to the national average home price?
The national median home value is approximately $410,000. At $209,438, homes in Collinsville are 49% below the national average.
What metro area is Collinsville part of?
Collinsville is part of the Fort Payne, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.