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COLCHESTER, IL 62326

Real Estate Market Report  ·  McDonough County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
9
⇩ 10% vs 10 last year
Pending
1
11% pending ratio
Median Price
$89,500
⇩ 39.8% vs $148,650 last year
Average Price
$111,088
⇩ 19.8% vs $138,462 last year
Days on Market
95
⇧ 66.7% vs 57 days last year

Market Context

Population: 2,315  ·  Density: 11.6/mi²  ·  Median household income: $57,861

Typical home value: $97,540  ·  Homeownership: 75.4%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The COLCHESTER, IL real estate market (62326) currently shows 9 active listings, with 1 pending sales. Homes are averaging 95 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 95 days on market compared to 57 days last year.

The median listing price has fallen 39.8% year-over-year, from $148,650 to $89,500.

Whether you are buying or selling in COLCHESTER, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 10 last year
  • Days on market: 95 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $89,500 (-39.8% YoY)
  • Average: $111,088 (-19.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.6 miles — 43 listings ($5,743,299 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62326Colchester, IL 623260.0 mi9$999,792$89,500$111,088
62367Plymouth, IL 623678.7 mi1$69,900$69,900$69,900
61420Blandinsville, IL 614209.2 mi3$255,501$75,000$85,167
61450La Harpe, IL 6145013.7 mi9$989,208$97,450$109,912
61438Good Hope, IL 6143814.2 mi3$290,499$110,000$96,833
61452Littleton, IL 6145215.1 mi1$249,000$249,000$249,000
61411Adair, IL 6141116.4 mi1$399,000$399,000$399,000
62330Dallas City, IL 6233019.1 mi8$1,589,600$139,000$198,700
61470Prairie City, IL 6147020.6 mi3$391,899$99,900$130,633
61484Vermont, IL 6148421.5 mi2$130,000$65,000$65,000
61454Lomax, IL 6145421.6 mi1$70,000$70,000$70,000
62334Elvaston, IL 6233422.9 mi1$49,900$49,900$49,900
62339Golden, IL 6233923.6 mi1$259,000$259,000$259,000

Frequently Asked Questions

How many homes are for sale in COLCHESTER, IL 62326?

As of January 2026, there are 9 active listings in COLCHESTER, IL (zip code 62326), compared to 10 the prior year.

What is the median home price in COLCHESTER, IL 62326?

The median listing price in COLCHESTER, IL 62326 is $89,500 as of January 2026, a 39.8% decrease from $148,650 the prior year.

How long do homes stay on the market in COLCHESTER, IL?

Homes in COLCHESTER, IL 62326 spend an average of 95 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in COLCHESTER, IL 62326?

Based on current inventory and days-on-market data as of January 2026, COLCHESTER, IL 62326 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 95 days on market compared to 57 days last year.

How much can I save on real estate commission in COLCHESTER, IL?

With SELL123.com's maximum 3% commission, sellers in COLCHESTER, IL 62326 save an estimated $1,790 compared to a typical 5% commission on the median listing price of $89,500. 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.