House Prices

House Prices & Home Values Colchester, IL 2026


Average Data

average house price$75,225
average size per house1522 ft²
average price per ft²50 $ / ft²

04/22/2026 - The value range (VR) for house prices in Colchester, IL is $36/ sqft to $36/ sqft. An average home with 1522 sqft costs approximately $54,792 to $54,792. Colchester, IL includes 1 ZIP codes and it is located in McDonough county. The lowest prices are found in ZIP 62326, while the highest are in ZIP 62326. The average price per sqare feet is $50. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Colchester

6232634 $ / ft²




Historical development of home values in Colchester

Year Estimated value (USD) Change vs. 2025
2010 $34,936 -53.6%
2011 $33,585 -55.4%
2012 $33,494 -55.5%
2013 $34,746 -53.8%
2014 $36,474 -51.5%
2015 $38,346 -49.0%
2016 $40,347 -46.4%
2017 $42,525 -43.5%
2018 $44,876 -40.3%
2019 $46,957 -37.6%
2020 $49,384 -34.4%
2021 $56,169 -25.3%
2022 $65,481 -13.0%
2023 $69,053 -8.2%
2024 $73,047 -2.9%
2025 $75,225 0.0%

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



Example: 100% financing house in Colchester

Loan amount: $75,225

Interest rate: 6.00%

Fixed monthly payment: $451.01

Breakdown in the 1st month:
Interest portion: $376.13  –  Principal portion: $74.89

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $4,488.37 $923.77 $74,301.23
2 $4,431.39 $980.75 $73,320.48
3 $4,370.90 $1,041.24 $72,279.24
4 $4,306.68 $1,105.46 $71,173.78
5 $4,238.50 $1,173.64 $70,000.14
6 $4,166.11 $1,246.03 $68,754.11
7 $4,089.26 $1,322.88 $67,431.23
8 $4,007.67 $1,404.47 $66,026.75
9 $3,921.04 $1,491.10 $64,535.65
10 $3,829.08 $1,583.07 $62,952.59
11 $3,731.44 $1,680.71 $61,271.88
12 $3,627.77 $1,784.37 $59,487.51
13 $3,517.72 $1,894.43 $57,593.08
14 $3,400.87 $2,011.27 $55,581.81
15 $3,276.82 $2,135.32 $53,446.49
16 $3,145.12 $2,267.02 $51,179.47
17 $3,005.30 $2,406.85 $48,772.62
18 $2,856.85 $2,555.30 $46,217.33
19 $2,699.24 $2,712.90 $43,504.43
20 $2,531.92 $2,880.23 $40,624.20
21 $2,354.27 $3,057.87 $37,566.32
22 $2,165.67 $3,246.48 $34,319.85
23 $1,965.43 $3,446.71 $30,873.14
24 $1,752.84 $3,659.30 $27,213.84
25 $1,527.15 $3,885.00 $23,328.84
26 $1,287.53 $4,124.61 $19,204.23
27 $1,033.13 $4,379.01 $14,825.22
28 $763.04 $4,649.10 $10,176.12
29 $476.30 $4,935.84 $5,240.28
30 $171.87 $5,240.28 $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 Colchester, IL


1500 sqft3900 sqft
Ø selling price$90,751$193,051
Ø fast selling$82,500$173,745
Ø high price sale$99,001$212,356

In 2026, houses in Colchester, IL will be offered at an average price of $50 per square foot. A 1,500 sqft home priced at $90,751 is 21.21% more expensive per square foot than a 3,900 sqft home priced at $193,051. Home prices in Colchester, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $133,650. Sellers who can wait longer may achieve a higher price of up to $163,350.


Explore Colchester, IL

Location & Community

Colchester, IL is a welcoming small town in McDonough County known for its friendly community and historic charm.
Located just southwest of Macomb, it offers convenient access to Western Illinois University and regional services.

History & Heritage

The town?s roots trace back to a rich coal mining heritage, and echoes of this past remain in local landmarks and stories.
Today, Colchester, IL blends tradition with progress, supporting small businesses, churches, and civic groups that anchor daily life.

Parks & Recreation

Outdoor enthusiasts love nearby Argyle Lake State Park, where hiking, fishing, paddling, and birding provide year-round recreation.
Families enjoy clean parks, youth sports, and seasonal community events that highlight the town?s close-knit spirit.

Living & Housing

Housing in Colchester features affordable single-family homes and rentals, making the area attractive for first-time buyers and retirees.
With a low cost of living and short commutes, residents benefit from a relaxed pace without sacrificing essential amenities.

Access & Lifestyle

Transportation is simple via U.S. Route 136 and county roads, connecting Colchester to employment centers, healthcare, and shopping.
Whether you are visiting for the trails or planning a move, Colchester, Illinois delivers small-town comfort, outdoor adventure, and genuine Midwestern hospitality.



FAQ – Home Values in Colchester

What is the median home value in Colchester in 2026?

In 2026, the typical home value in Colchester is about $75,225 for an average home size of 1522 square feet. This corresponds to an average price of roughly $50 per square foot.

What is the average cost per square foot in Colchester?

In 2026, homes in Colchester sell for an average of around $50 per square foot, with a typical range between $36 and $36 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 Colchester is about 1522 square feet, with an estimated 2026 value around $75,225.



Locations close to Colchester, IL

Dallas City, IL65 $ / ft²
Elvaston, IL68 $ / ft²
Ferris, IL67 $ / ft²
Coatsburg, IL111 $ / ft²
Clayton, IL46 $ / ft²
Chambersburg, IL118 $ / ft²
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