House Prices

House Prices & Home Values Collison, IL 2026


Average Data

average house price$160,685
average size per house1900 ft²
average price per ft²85 $ / ft²

04/17/2026 - The value range (VR) for house prices in Collison, IL is $64/ sqft to $64/ sqft. An average home with 1900 sqft costs approximately $121,600 to $121,600. Collison, IL includes 1 ZIP codes and it is located in Vermilion county. The lowest prices are found in ZIP 61831, while the highest are in ZIP 61831. The average price per sqare feet is $85. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Collison

6183162 $ / ft²




Historical development of home values in Collison

Year Estimated value (USD) Change vs. 2025
2010 $74,625 -53.6%
2011 $71,739 -55.4%
2012 $71,546 -55.5%
2013 $74,220 -53.8%
2014 $77,911 -51.5%
2015 $81,910 -49.0%
2016 $86,184 -46.4%
2017 $90,836 -43.5%
2018 $95,858 -40.3%
2019 $100,303 -37.6%
2020 $105,488 -34.4%
2021 $119,981 -25.3%
2022 $139,871 -13.0%
2023 $147,500 -8.2%
2024 $156,033 -2.9%
2025 $160,685 0.0%

Graph: estimated home values in Collison over time (USD)



Example: 100% financing house in Collison

Loan amount: $160,685

Interest rate: 6.00%

Fixed monthly payment: $963.39

Breakdown in the 1st month:
Interest portion: $803.43  –  Principal portion: $159.96

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,587.42 $1,973.23 $158,711.77
2 $9,465.72 $2,094.94 $156,616.83
3 $9,336.51 $2,224.15 $154,392.69
4 $9,199.33 $2,361.33 $152,031.36
5 $9,053.69 $2,506.97 $149,524.39
6 $8,899.06 $2,661.59 $146,862.80
7 $8,734.90 $2,825.75 $144,037.05
8 $8,560.61 $3,000.04 $141,037.01
9 $8,375.58 $3,185.08 $137,851.93
10 $8,179.13 $3,381.52 $134,470.41
11 $7,970.56 $3,590.09 $130,880.32
12 $7,749.13 $3,811.52 $127,068.80
13 $7,514.05 $4,046.60 $123,022.20
14 $7,264.46 $4,296.19 $118,726.01
15 $6,999.48 $4,561.17 $114,164.84
16 $6,718.16 $4,842.49 $109,322.34
17 $6,419.49 $5,141.17 $104,181.18
18 $6,102.39 $5,458.26 $98,722.91
19 $5,765.74 $5,794.92 $92,928.00
20 $5,408.32 $6,152.33 $86,775.66
21 $5,028.86 $6,531.80 $80,243.87
22 $4,625.99 $6,934.66 $73,309.20
23 $4,198.27 $7,362.38 $65,946.82
24 $3,744.18 $7,816.47 $58,130.35
25 $3,262.08 $8,298.58 $49,831.77
26 $2,750.24 $8,810.42 $41,021.36
27 $2,206.83 $9,353.82 $31,667.53
28 $1,629.91 $9,930.75 $21,736.79
29 $1,017.40 $10,543.25 $11,193.54
30 $367.12 $11,193.54 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Collison, IL


1500 sqft3900 sqft
Ø selling price$154,275$328,185
Ø fast selling$140,250$295,367
Ø high price sale$168,300$361,004

In 2026, houses in Collison, IL will be offered at an average price of $85 per square foot. A 1,500 sqft home priced at $154,275 is 22.22% more expensive per square foot than a 3,900 sqft home priced at $328,185. Home prices in Collison, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $227,206. Sellers who can wait longer may achieve a higher price of up to $277,696.


Discover Collison, IL: Small-Town Charm in Vermilion County

Nestled in the prairies of eastern Illinois, Collison, IL is a quiet unincorporated community known for its rural character. Located in Vermilion County, this small locale offers classic Midwestern scenery with open fields, country roads, and big skies. Travelers and residents appreciate Collison?s easygoing pace and its proximity to essential services in nearby towns.


Location and Lifestyle

As an unincorporated area, Collison maintains a close-knit feel while relying on township and county resources for services. Agriculture plays a central role in the surrounding landscape, with corn and soybeans dominating local fields. Outdoor enthusiasts find opportunities across the county, including fishing, hiking, and paddling at destinations like Kickapoo State Park and the Middle Fork Vermilion River.


Living and Travel

For commuting and day trips, Collison offers convenient regional access to Danville and other eastern Illinois communities. Homebuyers and renters seeking affordability and space often look to Collison for its country homes, farmsteads, and quiet lanes. Local history is reflected in the area?s agricultural heritage and the longstanding presence of family farms and rural churches. Whether you are planning a move, exploring rural getaways, or researching Vermilion County real estate, Collison, Illinois provides a peaceful base with authentic small-town charm.



FAQ – Home Values in Collison

What is the median home value in Collison in 2026?

In 2026, the typical home value in Collison is about $160,685 for an average home size of 1900 square feet. This corresponds to an average price of roughly $85 per square foot.

What is the average cost per square foot in Collison?

In 2026, homes in Collison sell for an average of around $85 per square foot, with a typical range between $64 and $64 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Collison is about 1900 square feet, with an estimated 2026 value around $160,685.



Locations close to Collison, IL

Danville, IL64 $ / ft²
Tilton, IL61 $ / ft²
De Land, IL111 $ / ft²
Cisco, IL57 $ / ft²
Champaign, IL115 $ / ft²
Cerro Gordo, IL78 $ / ft²




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