The median home in Colfax, Illinois is valued at $162,510, up 4.2% year over year. Colfax is part of the Bloomington, IL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$162,510

+4.2%

Prices rising — worse for buyers.

Affordability

Enter your income for Colfax.

Income (annual)

Down Payment

$32,502 on $162,510

Example: $75,000 household income. Change it above to see your own.

Affordable20.4% of income

Under the 28% guideline.

PITI$1,274

P/I20.4%

Afford$223K

Room+$61K

P&I $822Tax $302Ins $150

6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Colfax with other housing markets across Illinois.

Kenilworth$1.93M Winnetka$1.73M Glencoe$1.51M Bannockburn$1.22M Golf$1.19M Hinsdale$1.18M Lake Forest$1.14M South Barrington$1.08M

Full Bloomington, IL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Bloomington, IL metro.

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Colfax, IL