Data as of February 2026. Source: Realtor.com.
The COLFAX, IL real estate market (61728) currently shows 7 active listings, with 3 pending sales. Homes are averaging 25 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 25 days on market compared to 19 days last year.
The median listing price has fallen 41.8% year-over-year, from $190,950 to $111,175.
Whether you are buying or selling in COLFAX, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 1,301 · Density: 7.2/mi² · Median household income: $73,705
Typical home value: $143,112 · Homeownership: 73.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61728 | Colfax, IL 61728 | 0.0 mi | 4 | $1,062,668 | $212,500 | $265,667 |
| 61753 | Lexington, IL 61753 | 9.5 mi | 2 | $840,000 | $420,000 | $420,000 |
| 61770 | Saybrook, IL 61770 | 10.8 mi | 3 | $441,801 | $162,000 | $147,267 |
| 61739 | Fairbury, IL 61739 | 12.2 mi | 6 | $1,972,350 | $165,000 | $328,725 |
| 61773 | Sibley, IL 61773 | 13.1 mi | 1 | $174,450 | $174,450 | $174,450 |
| 60936 | Gibson City, IL 60936 | 15.9 mi | 9 | $2,002,374 | $259,000 | $222,486 |
| 61741 | Forrest, IL 61741 | 17.4 mi | 3 | $383,400 | $130,000 | $127,800 |
| 61761 | Normal, IL 61761 | 17.5 mi | 60 | $20,681,160 | $369,900 | $344,686 |
| 61752 | Le Roy, IL 61752 | 18.0 mi | 10 | $2,010,000 | $195,000 | $201,000 |
| 61845 | Foosland, IL 61845 | 18.3 mi | 1 | $235,000 | $235,000 | $235,000 |
| 60952 | Melvin, IL 60952 | 19.6 mi | 4 | $516,532 | $113,500 | $129,133 |
| 61701 | Bloomington, IL 61701 | 20.5 mi | 67 | $14,125,677 | $170,000 | $210,831 |
| 61705 | Bloomington, IL 61705 | 21.2 mi | 41 | $20,874,412 | $449,000 | $509,132 |
As of February 2026, there are 7 active listings in COLFAX, IL (zip code 61728), compared to 4 the prior year.
The median listing price in COLFAX, IL 61728 is $111,175 as of February 2026, a 41.8% decrease from $190,950 the prior year.
Homes in COLFAX, IL 61728 spend an average of 25 days on the market before going under contract, compared to 19 days the prior year.
Based on current inventory and days-on-market data as of February 2026, COLFAX, IL 61728 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 25 days on market compared to 19 days last year.
With SELL123.com's maximum 3% commission, sellers in COLFAX, IL 61728 save an estimated $2,224 compared to a typical 5% commission on the median listing price of $111,175. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.