Photo: Adam Moss · CC BY-SA 2.014 homes sold in Colchester in the last year, at a typical $88K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Colchester homes are listed.
Every place Colchester homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Colchester.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 93% of Colchester’s sales, at a typical $91K
14 homes sold in the year to May 2026.
typical sale · 13 sold in 12 months
- Per square foot
- $76IL $180
- Days to sell
- 61
- Sold over asking
- 8%
- Listings with a price cut
- 62%
Multi-family (2–4 units): 1 sold, typical $50K
Too few sales in 12 months for reliable figures.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $150K buys in Colchester
Check a listing against what Colchester homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Owning the typical Colchester home costs about $581 a month
Price: Colchester’s typical sale, last 12 months. Property tax at Colchester’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Colchester is affordable on local pay is on Cost of living.
Five things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $88K home, about $1,460 a year.
Taxes vs. neighborsSchools
The schools grade for Colchester, from test results, graduation and how much students grow.
Schools in ColchesterTypical commute
The average one-way trip to work for people who live in Colchester.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Colchester, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Colchester. People who follow the town see it, and so do people comparing Colchester with their own town. No commission, no listing fee.
Questions about buying a home in Colchester
What do homes sell for in Colchester, IL?
14 homes sold in the year to May 2026 at a typical $88K, $71 a square foot.
Is Colchester a buyer’s or seller’s market?
A seller’s market: 1 homes were for sale in May 2026 and 1 sold, about 1 months of supply. Buyers paid 93% of asking on average, and 60% of listings cut their price.
How much are property taxes in Colchester?
About 1.7% of a home’s value a year. On a $88K home that’s near $1,460.
Where can I see homes for sale in Colchester?
Zillow, Redfin, Realtor.com and Homes.com all carry Colchester’s MLS listings; the search links above open each one filtered to Colchester.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).