Home Values

Collins Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$107,100

  • 10.2% 1-year change
  • None 1-year forecast

The median home value in Collins is $107,100. Collins home values have gone up 10.2% over the past year. The median price of homes currently listed in Collins is $84,900.

Foreclosures will be a factor impacting home values in the next several years. In Collins 454.5 homes are foreclosed (per 10,000). This is greater than the national value of 3.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Collins is 4.2%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Collins homeowners underwater on their mortgage is 19.8%.

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Relative ZHVI
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Collins Market Overview

Data through Mar 31, 2015
  • $107,100 ZHVI
  • No data 1-yr forecast
  • No recent data Median listing price
  • No data Median sale price
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Collins Market Health

Data through Mar 31, 2015
  • 8.4/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 19.8% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 4.2% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Huron $149,600
Berlin Heights $139,900
Vermilion $130,300
Name Median ZHVI
Milan $126,900
Sandusky South $126,800
South Amherst $116,700
Name Median ZHVI
Oberlin $115,000
Fairview Lanes $104,600
Wellington $103,500

Listings & Sales

  • No data
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Collins Rentals

Data through Mar 31, 2015
  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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