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IL area data

Colfax, IL

Colfax, IL.

Population: 1,359 (Census ACS)

The typical home value in Colfax, IL is $179,054 — up 7.0% over the past year. Homes sell for a median $149,000 after a median 35 days on market. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with cold wave, drought, winter weather the top-rated hazards. Cost of living is at the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$179,054

Typical home value

+7.0%

1-year change

35

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Typical home value
$179,054
1-year appreciation
+7.0%
3-year appreciation
+16.9%
5-year appreciation
+38.3%
10-year appreciation
+51.0%
Peak value since 2000 (Aug 2026)
$179,054
House Price Index (state)
340.3 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$149,000
Median list price
$250,000
Median price per sqft
$100
1-year sale-price change
-0.7%
Median days on market
35 days
Homes sold (recent period)
6
For-sale inventory
5
Sale-to-list ratio
97.2%
Active listings
5
1-year forecast
+3.5%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$941/mo
1BR fair-market rent
$996/mo
2BR fair-market rent
$1,287/mo
3BR fair-market rent
$1,685/mo
4BR fair-market rent
$1,691/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
100.0 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1
Avg student-teacher ratio
10.8 : 1
Schools include
Ridgeview High School, Ridgeview Jr High School, Ridgeview Elementary School

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
cold wave, drought, winter weather, hail, heat wave
Notable hazard ratings (county)
drought: Relatively High · cold wave: Relatively High · winter weather: Relatively High · hail: Relatively Moderate · tornado: Relatively Moderate · heat wave: Relatively Moderate
Wildfire risk to homes (county)
Higher than 1% of US counties
Buildings in wildfire direct-exposure zone
11.1%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
39.8 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
44
Days with Good air quality
241
Days with Moderate air quality
120
Days with Unhealthy air quality
1
Highest AQI recorded (year)
154

Source: EPA annual air quality index (county-level)

Walkability & transit

Walkability index
8.3 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
4,952
Jobs reachable by transit (45 min)
5,149

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
25
Nearest airport
Pontiac Flying/Cooksville Airport (4 mi)
Nearest major airport
Central Illinois Regional Airport at Bloomington-Normal (BMI) (17 mi)
Hospitals in or near this ZIP
10
Hospitals include
CARLE FOUNDATION HOSPITAL, OSF HEART OF MARY MEDICAL CENTER, CARLE BROMENN MEDICAL CENTER
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-443 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1953
Housing built before 1970
67.0%
Housing built 2000 or later
8.1%
Median annual property tax
$3,467
Mean commute to work
24 min
Households with broadband internet
65.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
74,167
Average weekly wage
$1,360
Top industries (by employment)
Finance & Insurance, Health Care, Accommodation & Food
Annual residential building permits (county)
269

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ColfaxState medianUS median
Typical home value$179,054$194,869$288,527
Median sale price$149,000$212,000$325,000
Median days on market35 days48 days51 days
Median annual property tax$3,467$2,696$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

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

Common questions

What is the typical home value in Colfax, IL?
$179,054.
What is the median sale price in Colfax, IL?
$149,000.
How long do homes take to sell in Colfax, IL?
Median days on market: 35 days.
What is typical rent in Colfax, IL?
2-bedroom fair-market rent: $1,287/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Colfax, IL?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: cold wave, drought, winter weather, hail, heat wave.
What is the wildfire risk in Colfax, IL?
Risk to homes is higher than 1% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Colfax, IL?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Colfax, IL?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Colfax, IL?
3 schools (1 elementary, 1 middle, 1 high) (NCES, 2024-25).
Is Colfax, IL walkable?
Walkability index: 8.3/20 (EPA Smart Location Database).
What is the air quality in Colfax, IL?
Good. Median AQI: 44. (EPA AQI).
What is the cost of living in Colfax, IL?
Regional Price Parity: 100.0 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP code for Colfax

Listing a home in Colfax, IL?

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Data last updated

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

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