Current Price

$152,503

1 Month Forecast

â–² $170,218

1-Year Forecast *

â–² $175,515

5-Year Forecast *

â–² $208,588

"Is it a good time to buy homes in Colfax?" "Does investing in real estate in Colfax (Illinois State, McLean County) worth it?" According to our live Forecast System, buying a house in Colfax is a good short-term (1-year) investment*. The Colfax average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Colfax" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Colfax in Illinois State, McLean County. If you are looking for homes for sale with good flipping profit, Colfax can be a profitable property investment option. The median price of an average house in Colfax was 152,503 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Colfax" area is 208,588 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +36.78% meaning that investing 100000 USD today may yield a profit of 36,776 USD by 2031.

Current Median Listing Price: 152,503 USD Median Listing Price Per Square Foot: 85 USD

Colfax Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Colfax (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Colfax Price Target

Colfax median home price target in 12 months: $175,515* (upside of 15.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $171,508 $170,083 $169,175 $171,508
2024 $146,081 $152,503 $146,081 $152,503
2023 $130,906 $145,502 $130,404 $145,502
2022 $119,631 $131,457 $119,631 $131,457
2021 $116,235 $118,390 $116,235 $118,511
2020 $112,662 $115,231 $111,889 $115,231
2019 $108,021 $112,238 $108,021 $112,238
2018 $106,577 $108,912 $106,577 $109,385
2017 $106,523 $105,885 $104,092 $106,523
2016 $105,568 $106,819 $105,568 $107,440
2015 $99,521 $105,063 $97,960 $105,063
2014 $98,470 $99,696 $97,384 $100,930
2013 $93,821 $98,707 $93,106 $99,113
2012 $91,731 $93,866 $91,731 $94,645

Questions & Answers about the Colfax Housing Market Forecast

How much does an average home cost in Colfax today?

The value of an average home (the listing price) in Colfax is $152,503 USD.

What is the average price per square foot in Colfax?

According to Walletinvestor the median price per square foot in Colfax is 85 USD.

Will the median listing price of homes in Colfax grow / rise / go up?

Yes. The Colfax home prices may rise from 152,503 USD to 175,515 USD in one year.

Is it profitable to invest in Colfax homes?

Yes. The long-term profit potential is +15.09% in one year.

Will Colfax house prices fall / drop?

No. See above.

What is the predicted price of a Colfax home in 2030?

The predicted home sales price of a Colfax home in 2030 in Colfax is 210,639 USD.

What is the predicted price of a Colfax home in 2035?

The predicted home sales price of a Colfax home in 2035 in Colfax is 258,370 USD.

Will real estate prices decrease in Colfax?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Colfax is the 15611. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in McLean, Colfax decreased, looking at the past 12 months.

According to Walletinvestor's Colfax real estate market research, home values will increase in the next 12 months.

Median home values decreased by 10.786% to 152,503 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 13.949% in 2021
  • 14.129% in 2022
  • 14.169% in 2023
  • 14.239% in 2024
  • 13.099% in 2025
  • 16.199% in 2026

Based on our Colfax real estate market research and report the predicted sales prices will increase by 307.714% in the next 10 years.

Over the last 12 months, the value of homes in Colfax fluctuated: increasing 1 times and decreasing 3 times.

Colfax (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Colfax Housing Market Forecast with Real Estate Prices for 2025
August 2025 170218 158132 182303
September 2025 169822 154708 184936
October 2025 169968 154501 185435
November 2025 170160 161312 179009
December 2025 170401 157962 182841
Colfax Housing Market Forecast with Real Estate Prices for 2026
January 2026 169834 158625 181043
February 2026 169284 153879 184689
March 2026 169277 157597 180957
April 2026 170227 153885 186569
May 2026 171972 160106 183838
June 2026 173734 157230 190239
July 2026 175515 163053 187977
August 2026 177314 159760 194868
September 2026 179131 163368 194895
October 2026 180967 166309 195626
November 2026 182822 173132 192512
December 2026 183234 168025 198442
Colfax Housing Market Forecast with Real Estate Prices for 2027
January 2027 182412 172197 192627
February 2027 182807 172752 192861
March 2027 183629 173713 193545
April 2027 184341 170147 198535
May 2027 183569 174024 193115
June 2027 182899 171559 194238
July 2027 182865 164762 200969
August 2027 184174 172203 196145
September 2027 186062 168944 203179
October 2027 187969 173307 202630
November 2027 189895 173944 205846
December 2027 191841 177837 205846
Colfax Housing Market Forecast with Real Estate Prices for 2028
January 2028 193808 177528 210088
February 2028 195794 183067 208521
March 2028 197736 180335 215136
April 2028 199590 186417 212762
May 2028 200383 188962 211805
June 2028 200803 182329 219277
July 2028 201268 183758 218778
August 2028 202442 189283 215600
September 2028 203692 189841 217543
October 2028 205258 187811 222705
November 2028 206606 194623 218589
December 2028 207628 191433 223823
Colfax Housing Market Forecast with Real Estate Prices for 2029
January 2029 207871 194983 220760
February 2029 207991 193016 222967
March 2029 208466 192414 224518
April 2029 209194 196014 222373
May 2029 211338 195699 226977
June 2029 211181 195765 226597
July 2029 210639 191892 229386
August 2029 209637 198736 220538
September 2029 208762 193940 223584
October 2029 208462 188033 228892
November 2029 209581 197845 221318
December 2029 209748 191709 227786
Colfax Housing Market Forecast with Real Estate Prices for 2030
January 2030 209260 195658 222862
February 2030 209440 191638 227242
March 2030 209677 192693 226661
April 2030 209974 194016 225932
May 2030 209275 191487 227063
June 2030 208597 189406 227788
July 2030 208588 192944 224232
August 2030 209759 194656 224862
September 2030 211909 196228 227590
October 2030 214081 196312 231850
November 2030 216275 202001 230549
December 2030 218492 197298 239685
Colfax Housing Market Forecast with Real Estate Prices for 2031
January 2031 220731 199541 241921
February 2031 222993 203593 242394
March 2031 225279 204103 246455
April 2031 225786 210885 240688
May 2031 224773 206117 243429
June 2031 225260 209041 241479
July 2031 226273 205682 246864
August 2031 227151 207162 247140
September 2031 226200 205842 246558
October 2031 225373 206442 244305
November 2031 225332 209559 241106
December 2031 226945 205612 248278
Colfax Housing Market Forecast with Real Estate Prices for 2032
January 2032 229271 208637 249905
February 2032 231621 216797 246444
March 2032 233995 215041 252948
April 2032 236393 217482 255304
May 2032 238816 225442 252189
June 2032 241263 226064 256463
July 2032 243656 220752 266560

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.