Housing in Colfax, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$316,000
Median List Price
$109,900
Price Per Sq Ft
$145
Days on Market
60
Active Inventory
5
Months of Supply
5.0
Balanced market
Zillow Home Value
$162,510
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
100.0%
Sale-to-List Ratio
96.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
3
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$145
Median List $/SF
$76
Colfax vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Colfax 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
$123,000
Median Rent
$850
Total Housing Units
387
Vacancy Rate
5.7%
Owner Occupied
77.8%
Renter Occupied
22.2%
Median Property Tax
$2,889
per year
Monthly Cost (w/ Mortgage)
$943
Housing Types
The current median sale price in Colfax, IL is $316,000 according to Redfin data. Homes spend a median of 60 days on the market. 0.0% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $145. The median rent is $850 per month (Census ACS). About 77.8% of housing units are owner-occupied. The median year homes were built is 1954. There are 387 total housing units.