IL area data
Colfax, IL
Colfax, IL.
Population: 1,359 (Census ACS)
Home values & appreciation
- Median home value
- $178,516
- 1-year appreciation
- +6.6%
- 3-year appreciation
- +17.6%
- 5-year appreciation
- +37.0%
- 10-year appreciation
- +49.6%
- All-time peak (2026-07)
- $178,516
- House Price Index
- 325.3 (+6.1% YoY)
Market activity
- Median sale price
- $180,000
- Median list price
- $155,000
- Median days on market
- 50 days
- Sale-to-list ratio
- 99.6%
- Active listings
- 5
- 1-year forecast
- +4.0%
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
- 3
- Elementary schools
- 1
- Middle schools
- 1
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively Moderate
- Top hazards
- coldWave, drought, winterWeather, hail, heatWave
Climate (30-year normals)
- Annual precipitation
- 40.2 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 50
- Days with Good air quality
- 184
- Days with Unhealthy air quality
- 2
Walkability & transit
- Walkability index
- 8.3 / 20
- Transit service frequency
- -99,999
Amenities
- Nearest airport
- Pontiac Flying/Cooksville Airport (4 mi)
- Nearest major airport
- Central Illinois Regional Airport at Bloomington-Normal (BMI) (17 mi)
- Hospitals nearby (~15 mi)
- 2
- Avg hospital rating
- 3.0 / 5
- Solar radiation rating
- Fair (4.0 kWh/m²/day)
Migration
- Net migration
- -443 tax filers
Housing stock
- Median year housing built
- 1,953
- Median annual property tax
- $3,467
- Mean commute to work
- 24 min
- Households with broadband internet
- 65.4%
Employment & development
- Total county employment
- 74,781
- Average weekly wage
- $1,272
- Top industries (by employment)
- Finance & Insurance, Health Care, Accommodation & Food
- Annual residential building permits (county)
- 166
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 →