Colchester, IL Housing Market

$98,795

1.5% 1-yr

The average Colchester, IL home value is $98,795, down 1.5% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Colchester Key Takeaways

Typical Home Values: $98,795

1-year Value Change: -1.5%

(Data through July 31, 2025)

Colchester Housing Market Overview

--1-year Market Forecast

7For sale inventory(July 31, 2025)

--New listings(July 31, 2025)

--Median sale to list ratio

--Median sale price(June 30, 2025)

--Median list price(July 31, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Colchester

Move forward with a local partner

Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.

Talk to a local agent

Colchester Homes for Sale

$29,995

3 bd1 ba1,100 sqft

7665 N 600th Rd

View Colchester listings

Get pre-qualified for a loan

At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact on your credit score.

Start Now

An equal housing lender. NMLS #10287.

Colchester Rental Market Trends

--Average rent in Colchester

$2,072National average rent(July 31, 2025)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.