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.

See the full metro analysis: Bloomington, IL stress score, crash risk, and 12-month forecast →

Home Value$162,510

+4.2%

AFFORDABILITY

Enter your income for Colfax.

Income (annual)

Down Payment

$32,502 on $162,510

Affordable — 20.4% 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$1927K Winnetka$1731K Glencoe$1507K Bannockburn$1222K Golf$1186K Hinsdale$1182K Lake Forest$1136K South Barrington$1077K

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