Zip 62326 (Colchester, IL) Housing

Housing in Colchester, IL (zip code 62326) is notably lower than the U.S. average, with a median value of $85,100 compared to the US median house value of $338,100. However, the 1 year appreciation rate for houses in Colchester is 7.86%, slightly lower than the US rate of 8.27%. Investing in real estate in this area could be a good opportunity for those seeking an affordable option and potential growth over time.

The median home cost in Colchester (zip 62326) is $85,100. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Colchester (zip 62326) is up 14.9%.

Average Age of Homes

- The median age of Colchester (zip 62326) real estate is 53 years old

The Rental Market in Colchester (zip 62326)

- Renters make up 18.2% of the Colchester (zip 62326) population
- 0.6% of houses and apartments in Colchester (zip 62326), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Colchester, Illinois	United States
	1,081.0	139,647,020.0
	59	42
	$85,100	$338,100
	14.9%	16.6%
	31.7%	57.0%
	45.4%	101.1%
	$21.53	$10.98
	$1,854	$2,690
	66.3%	57.4%
	6.7%	11.2%
	27.0%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.8%	0.4%
	1.2%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	4.5%	2.6%
	8.8%	2.4%
	14.8%	2.8%
	14.5%	3.9%
	14.9%	4.5%
	14.5%	11.3%
	6.8%	13.0%
	16.2%	20.1%
	4.3%	13.6%
	0.0%	8.3%
	0.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.9%	13.6%
	3.9%	13.6%
	8.0%	13.6%
	7.4%	13.2%
	16.5%	14.8%
	8.0%	13.6%
	10.5%	10.0%
	5.6%	4.7%
	31.2%	12.2%

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