Housing in Colchester, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$75,000
Median List Price
N/A
Price Per Sq Ft
$62
Days on Market
N/A
Active Inventory
5
Months of Supply
5.0
Balanced market
Zillow Home Value
$94,559
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
88.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
Pending Sales
3
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$62
Colchester vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Colchester is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$86,500
Median Rent
$808
Total Housing Units
575
Vacancy Rate
13.0%
Owner Occupied
73.6%
Renter Occupied
26.4%
Median Property Tax
$1,794
per year
Monthly Cost (w/ Mortgage)
$780
Housing Types
The current median sale price in Colchester, IL is $75,000 according to Redfin data. 0.0% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $62. The median rent is $808 per month (Census ACS). About 73.6% of housing units are owner-occupied. The median year homes were built is 1959. There are 575 total housing units.