New - 4 days on Rocket
$2,589 Closing Credit¹
#QC4260986, Makenzie Nelson, Listing Office: Ruhl&Ruhl REALTORS Davenport
Colona Township Housing Market Report February 2025•Henry County, Illinois
Housing Prices in Colona Township, IL
How much do homes in Colona Township, IL cost?
Housing Market Conditions
Is Colona Township, IL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Colona Township is a Seller's Market
Difference Since February 2024
At the same time last year, Colona Township was a Buyer's Market.
Insight
Colona Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$208,000$122/SqFt
+$30,250
+17.0%
Based on all homes sold in the last 12 months
Insight
Homes in Colona Township have sold for 17% more than they did a year ago.
Summary: The median home sold price in Colona Township was $208,000 in February 2025, up 17% from last year, and the median price per square foot was $122.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Colona Township | $177.7K | $208K | +17.0% |
| Coal Valley | $230K | $260K | +13.0% |
| Colona | $177.7K | $186K | +4.6% |
| Hampton Township | $155K | $140K | -9.7% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $68K | - | N/A |
| 22 Bedrooms | $90K | $103K | +14.4% |
| 33 Bedrooms | $190K | $198.5K | +4.5% |
| 44 Bedrooms | $210K | $257.2K | +22.5% |
| 55+ Bedrooms | $175.7K | $387.4K | +120.5% |
Summary: Colona Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +14.4%. The home price for 3 bedroom homes increased by +4.5%. The home price for 4 bedroom homes increased by +22.5%. The home price for 5 bedroom homes increased by +120.5%.
Housing supply in Colona Township, IL
How many homes are available in Colona Township, IL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 24Last MonthFeb 2025 | ||
| 282 months agoJan 2025 | -14.3 % Change MoMJan – Feb |
Summary: The Colona Township real estate market had 24 homes for sale in Feb 2025, a 14.3 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthFeb 2025 | ||
| 62 months agoJan 2025 | +33.3 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 5 | 3 | -40.0% |
| 33 Bedrooms | 20 | 18 | -10.0% |
| 44 Bedrooms | 3 | 3 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Colona Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -40.0%. The inventory for 3 bedroom homes decreased by -10.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Colona Township, IL cost?
Over Asking Price2 Homes
At Asking Price0 Home
Under Asking Price6 Homes
Insight
If you're buying a home in Colona Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Colona Township in February 2025, up by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and and 25% were sold over asking.
Days on Market for Colona Township, IL
How long does it take to sell a home in Colona Township, IL?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days3 Homes
Over 90 Days0 Home
Insight
Many homes in Colona Township are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 8 homes were sold in Colona Township; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 32 DaysThis YearFeb 2025 | ||
| 49 Days1 year agoFeb 2024 | -33.7 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Colona Township had an average listing age of 32 days in Feb 2025, down by 33.7% compared to the previous year.
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Newest Listings in Colona Township, IL
What homes are available in Colona Township, IL?
New - 5 days on RocketBackup offers
$2,197 Closing Credit¹
#QC4260955, Tiffany Massey-Wessels, Listing Office: NextHome QC Realty
$1,543 Closing Credit¹
#QC4260674, Richard Bassford, Listing Office: RE/MAX Concepts Bettendorf
$1,958 Closing Credit¹
#QC4260489, Jinnie Riley, Listing Office: Keller Williams Greater Quad Cities / Midwest Partners
$4,251 Closing Credit¹
#QC4260431, Becky Blackert, Listing Office: Mel Foster Co. Geneseo
#QC4260179, Cheryl Umland Burns, Listing Office: RE/MAX Concepts Moline
$1,294 Closing Credit¹
#QC4259974, Amanda Weeks, Listing Office: Ruhl&Ruhl REALTORS Moline
$2,326 Closing Credit¹
#QC4259642, Richard McClintock, Listing Office: Epique Realty
$1,602 Closing Credit¹
#QC4259607, Tammy Hamerlinck, Listing Office: NextHome QC Realty
Backup offers
$3,325 Closing Credit¹
#QC4259202, Deb Haussmann, Listing Office: Keller Williams Greater Quad Cities / Midwest Partners
$4,749 Closing Credit¹
#QC4258639, Alizabeth Nowers, Listing Office: Mel Foster Co. Geneseo
$3,414 Closing Credit¹
#QC4258329, Kyle Robinson, Listing Office: Epique Realty
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MLS Disclaimers and Copyright
Based on information from RMLS Alliance, for the period 03/01/2023 - 03/01/2025
Listings courtesy of RMLS Alliance as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 12:50:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.