Housing in Colona, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$190,000
Median List Price
$229,000
Price Per Sq Ft
$128
Days on Market
63
Active Inventory
11
Months of Supply
1.8
Seller's market
Zillow Home Value
$174,532
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
33.3%
Off Market in 2 Weeks
10.0%
Sale-to-List Ratio
95.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
6
New Listings
3
Pending Sales
10
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$128
Median List $/SF
$85
Colona vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Colona 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
$152,100
Median Rent
$881
Total Housing Units
2,342
Vacancy Rate
10.0%
Owner Occupied
83.1%
Renter Occupied
16.9%
Median Property Tax
$3,097
per year
Monthly Cost (w/ Mortgage)
$1,056
Housing Types
The current median sale price in Colona, IL is $190,000 according to Redfin data. Homes spend a median of 63 days on the market. 33.3% of homes sold above asking price. The market has 1.8 months of supply. The median price per square foot is $128. The median rent is $881 per month (Census ACS). About 83.1% of housing units are owner-occupied. The median year homes were built is 1968. There are 2,342 total housing units.