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Collinsville city, IL

ZIP 62234 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 62234

Median Home Value
$162,000
Median Rent
$789
Affordability Snapshot
$45,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,041/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 62234 in Collinsville city, IL, a household would need roughly $45,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,041. That sits below the local median household income ($66,437), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
70.0%+7% vs US avg
x
Vacancy Rate
6.2%-40% vs US avg
x
Broadband Access
92.1%+6% vs US avg
x
4+ Bedrooms
3.4%-77% vs US avg
x
Built Pre-1939
6.3%-51% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
21.7%-56% vs US avg
x
Mortgage-Free
41.3%+8% vs US avg
x
$162,000
Home Value
$789
Rent
1969
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached71.5%
  • 1-unit attached4.6%
  • 2-9 units12.8%
  • 10+ units5.9%
  • Mobile home & other5.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$162,000
Median rent$789
Owner-occupied70.0%
Vacant6.2%
Price-to-income2.4x
Est. income to buy$45,000