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IL area data

Colchester, IL

Colchester, IL.

Population: 2,236 (Census ACS)

Home values & appreciation

Median home value
$101,196
1-year appreciation
+6.9%
3-year appreciation
+6.7%
5-year appreciation
+15.0%
10-year appreciation
+26.4%
All-time peak (2026-02)
$103,085
House Price Index
325.3 (+6.1% YoY)

Market activity

Median sale price
$31,000
Median list price
$150,000
Median days on market
42 days
Sale-to-list ratio
73.9%
Active listings
1
1-year forecast
+0.3%

Rents

2-bedroom fair-market rent (HUD reference)
$1,220/mo
3BR fair-market rent
$1,586/mo

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
coldWave, drought, hail, heatWave, iceStorm
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
41.1 in

Walkability & transit

Walkability index
6.5 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
New Philadelphia National Historic Site (50 mi)
Nearest airport
Clark Airport (6 mi)
Nearest major airport
Southeast Iowa Regional Airport (BRL) (30 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-83 tax filers

Housing stock

Median year housing built
1,970
Median annual property tax
$2,252
Households with broadband internet
71.9%

Employment & development

Total county employment
6,875
Average weekly wage
$812
Top industries (by employment)
Accommodation & Food, Health Care, Other Services
Annual residential building permits (county)
1

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents