In Collinsville, a typical home is worth $146,700 and typical rent is $746 a month. Compared with all of Henry County, the typical home value is 9% higher and the share of households that own their home is 18 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $126,753 to $168,110.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Collinsville is in Henry County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Henry County. See the county
What this place has that others do not, from public data, most unusual first.
1
Collinsville has the 2nd lowest typical home value of the 157 cities in Virginia with more than 5,000 people ($146,700).
2
Collinsville has the 3rd lowest typical rent of the 157 cities in Virginia with more than 5,000 people ($746).
3
57% of households in Collinsville own their home, against 75% in Henry County.
4
Collinsville has the 11th lowest typical household income of the 160 cities in Virginia with more than 5,000 people ($52,158).
5
11% of households in Collinsville have no internet at home (21% in Henry County).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Collinsville
What homes there are in Collinsville, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Collinsville
Henry County
Virginia
United States
Kind of home: Collinsville and its comparisons
Measure
Collinsville
Henry County
Virginia
United States
Detached house
58%
75%
61%
61%
Attached house
Unreliable estimate
1%
11%
6%
Building of 2 to 4
Unreliable estimate
3%
5%
8%
Apartments (5 or more)
Unreliable estimate
6%
19%
19%
Mobile home
14%
16%
4%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses are the majority in Collinsville (58%), but less so than in Henry County (75%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Collinsville
Henry County
Virginia
United States
Year built: Collinsville and its comparisons
Measure
Collinsville
Henry County
Virginia
United States
Before 1960
24%
25%
19%
26%
1960–1979
40%
39%
24%
24%
1980–1999
30%
28%
30%
25%
2000–2009
Unreliable estimate
5%
15%
14%
2010 or later
Unreliable estimate
4%
12%
11%
By age, homes in Collinsville look like those in Henry County: the typical year built is 1974.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K25%
$100K–$200K55%
$200K–$300K15%
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Collinsville and its comparisons
Measure
Collinsville
Under $100K
25%
$100K–$200K
55%
$200K–$300K
15%
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99974%
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Collinsville and its comparisons
Measure
Collinsville
Under $500
Unreliable estimate
$500–$999
74%
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$1,098 a month
Henry County: $1,061 a month
Without a mortgage
$387 a month
Henry County: $356 a month
Owners with a mortgage
61%
Henry County: 47%
The typical cost for an owner with a mortgage in Collinsville is $1,098 a month, near the figure in Henry County ($1,061).
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Collinsville+44%
Henry County+44%
Virginia+41%
United States+53%
Typical rent
Collinsville+17%
Henry County+21%
Virginia+28%
United States+33%
Typical household income
Collinsville+31%
Henry County+34%
Virginia+26%
United States+29%
Change since 2015–2019: Collinsville and its comparisons
Measure
Collinsville
Henry County
Virginia
United States
Typical home value
+44%
+44%
+41%
+53%
Typical rent
+17%
+21%
+28%
+33%
Typical household income
+31%
+34%
+26%
+29%
The typical home value in Collinsville rose 44% since 2015–2019, about the same as in Henry County (44%).
The typical rent in Collinsville rose 17% over the same time; in Henry County, it rose 21%.
The typical household income in Collinsville rose 31% over that time; home values changed +44% and rent +17%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Collinsville and its comparisons
Measure
Collinsville
Henry County
Virginia
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
4.8%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.8%
0.9%
More than one person per room
Unreliable estimate
1.8%
2.1%
3.4%
People per household
2.41
2.33
2.52
2.53
Drive alone
83%
83%
68%
69%
Carpool
11%
8%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
2%
3%
Walk or bike
Unreliable estimate
Unreliable estimate
2%
3%
Work from home
Unreliable estimate
8%
18%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Much as in Henry County, a household in Collinsville has 2.41 people on average.
More people carpool to work in Collinsville than in Henry County: 11% against 8%.
Do the math
What would you pay each month for a home in Collinsville?
A typical home is within reach of the typical income
We start with a typical home in Collinsville, worth $146,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 27% of the typical household income in Collinsville, which is $52,158 a year.
The calculator's FHA and conventional loan limits are those of all of Henry County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Collinsville. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $5,135 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,167
at 7.18% · 30 years
Loan amount
$144,042
Total interest
$207,243
Paid off in
November 2056
Includes $2,477 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,217 a month
Your payment · 27%
Tight
$1,217 to $1,565 a month
Hard
more than $1,565 a month
Compared with the typical household income in Collinsville ($52,158 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$976
Property tax
$65
Home insurance
$61
FHA mortgage insurance (MIP)
$65
You need at least $5,135 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,167; principal and interest $976.
The city and its county
Collinsville and Henry County
Collinsville is in Henry County, Virginia. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Collinsville
Map of Henry County, Virginia, with Collinsville marked. Around it, the neighboring counties.
Collinsville
Henry County
Collinsville's own numbers
Typical home value
$146,700
Typical monthly rent
$746
Typical yearly household income
$52,158
Households that own their home
57%
Effective property tax rate
0.53%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Henry County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$943
Price change over 5 years (FHFA)
+64%
Homes in a high flood-risk zone
1.2%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Henry County.
A typical home in Collinsville is worth $146,700: 9% above the county and 62% below Virginia. With the typical household income in Collinsville ($52,158 a year), a typical home costs 2.8 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Collinsville2.8 years
Henry2.7 years
Virginia4.1 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Henry County
According to FHFA’s house price index, home prices in Henry County rose 85% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Henry County.
Yearly change in FHFA’s price index in Henry County, 2016 to 2025
2016: +3.2% +3.2% 2016
2017: −0.0% −0.0% 2017
2018: +1.2% +1.2% 2018
2019: +2.7% +2.7% 2019
2020: +5.5% +5.5% 2020
2021: +8.6% +8.6% 2021
2022: +13.1% +13.1% 2022
2023: +13.6% +13.6% 2023
2024: +7.8% +7.8% 2024
2025: +9.0% +9.0% 2025
Change in FHFA’s price index in Henry County, Virginia and the United States
Period
County
Virginia
U.S.
Last year (2025)
+9.0%
+3.7%
+2.9%
5 years (2020–2025)
+64%
+49%
+47%
10 years (2015–2025)
+85%
+75%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Collinsville next to Henry County, Virginia and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Collinsville$146,700
Henry$134,800
Virginia$383,700
United States$332,700
Typical monthly rent
Collinsville$746
Henry$728
Virginia$1,579
United States$1,413
Typical yearly household income
Collinsville$52,158
Henry$50,760
Virginia$93,170
United States$80,734
See the full table
Collinsville next to Henry County and Virginia
Measure
Collinsville
Henry County
Virginia
U.S.
Typical home value
$146,700 ▲9% above the county
$134,800
$383,700
$332,700
Typical monthly rent
$746 ▲2% above the county
$728
$1,579
$1,413
Typical yearly household income
$52,158 ▲3% above the county
$50,760
$93,170
$80,734
Households that own their home
57% ▼18 points below the county
75%
67%
65%
Typical yearly property tax
$774 ▲22% above the county
$637
$2,790
$3,119
Effective property tax rate
0.53% ▲0.06 points above the county
0.47%
0.73%
0.94%
Renters with high rent for their income
51% ▲3 points above the county
48%
49%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Henry County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Collinsville
For a typical $146,700 home in Collinsville, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Collinsville's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,167a month
Least cash to close
Down payment
$5,135
Cash to close
$9,536
Rate
7.18%
Mortgage insurance
FHA MIP · $65
Conventional, 5% down$1,140a month
Down payment
$7,335
Cash to close
$11,736
Rate
7.18%
Mortgage insurance
PMI · $70
Conventional, 20% down, no PMI$921a month
Down payment
$29,340
Cash to close
$33,741
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,057a month
Down payment
$22,005
Cash to close
$26,406
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Collinsville
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,167
$5,135
$144,043
7.18%
FHA MIP · $65
$9,536
580
Conventional, 5% down
$1,140
$7,335
$139,365
7.18%
PMI · $70
$11,736
620*
Conventional, 20% down, no PMI
$921
$29,340
$117,360
7.18%
None
$33,741
620*
ITIN, 15% down (example)
$1,057
$22,005
$124,695
8.18%
None
$26,406
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Collinsville is $746 a month: 2% above the county. In Collinsville, 51% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Henry County, by unit size. To pay the 2-bedroom one ($943 a month) without spending more than 30% of your income, you would need to earn $18.13 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Henry County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$762
$14.65
$30,480
1 bedroom
$767
$14.75
$30,680
2 bedrooms
$943
$18.13
$37,720
3 bedrooms
$1,144
$22.00
$45,760
4 bedrooms
$1,321
$25.40
$52,840
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Collinsville
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Collinsville is in ZIP code 24078.
For 2 bedrooms it is $940: $3 less than the fair market rent for Henry County ($943).
Fair market rent by ZIP code and size in Collinsville, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
24078
$760
$770
$940
$1,140
$1,320
ZIP code2 bd3 bd
24078 $940$1,140
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Collinsville when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Henry County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Collinsville or Henry County. The ones below are statewide in Virginia: they work in Collinsville the same as in the rest of the state.
Virginia state agency down payment grant that you do not repay; for first-time buyers, or any buyer in economic opportunity zones, with a Virginia Housing mortgage.Offered by Virginia Housing (Virginia Housing Development Authority).
Virginia Housing 30-year fixed-rate second mortgage of up to 5% of the price for the down payment (and part of the closing costs with a credit score of 680 or higher); for first-time buyers and for people who have owned a home before.Offered by Virginia Housing (Virginia Housing Development Authority).
Virginia Housing grant that you do not repay, of up to 2% of the price, for the closing costs of buyers with a Virginia Housing RD (Rural Development) or VA loan.Offered by Virginia Housing (Virginia Housing Development Authority).
The HUD-approved agencies closest to the center of Collinsville, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
No legal help resource on our list is for Collinsville or Henry County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Collinsville and all of Henry County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Collinsville?
The typical home value in Collinsville is $146,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Henry County it is $134,800.
How much does it cost to rent in Collinsville?
Typical rent in Collinsville is $746 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Henry County is $943.
What is the FHA loan limit in Collinsville?
Collinsville uses the FHA limit for all of Henry County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Collinsville?
The typical homeowner in Collinsville pays $774 a year, according to the U.S. Census Bureau. That is 0.53% of the home’s value; in Henry County, the rate is 0.47%.
Where can I find free help to buy or rent in Collinsville?
We found no HUD-approved counseling agencies with an office in Henry County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
