Colona, IL, Real Estate

Colona currently has 8 single family homes for sale with an average list price of $221,387.50 and 10 lots for sale with an average list price of $49,350. The average annual property tax for Colona is $3,496.51.

Current Homes for Sale

Schools

School District Level Grades
Southwest Elementary School Evergreen Park School District 124 Elementary K,1-6

Schools

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Absorption Report

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Colona, i.e. what's hot and what's not.

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Recent Sales

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Subdivisions

Subdivisions Median Price
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Green Park

Green Park is a single-family home community in Colona, Illinois, built between 1950 and 1979. It currently has no homes for sale. The homes range in size from 768 ft2 to 2,184 ft2. The average annual property tax for Green Park is $2,809.04. It is located in Henry County. ... Read more
Median Price: $167,900
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Green River Heights

Green River Heights is a single-family home community in Colona, Illinois, built between 1933 and 2007. It currently has no homes for sale. The homes range in size from 592 ft2 to 2,421 ft2. The average annual property tax for Green River Heights is $2,845.05. It is located in Henry County. ... Read more
Median Price: $111,950
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Greenwood

Greenwood is a single-family home community in Colona, Illinois, built between 1982 and 2009. It currently has 1 single family home for sale with a list price of $239,900. The homes range in size from 832 ft2 to 2,696 ft2. The average annual property tax for Greenwood is $4,837.81. It is located in Henry County. ... Read more
Median Price: $216,250
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Heartland

Heartland is a single-family home community in Colona, Illinois, built between 1996 and 1999. It currently has no homes for sale. The homes range in size from 1,325 ft2 to 2,856 ft2. The average annual property tax for Heartland is $4,211.02. It is located in Henry County. ... Read more
Median Price: $275,000
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Level Acres

Level Acres is a single-family home community in Colona, Illinois, built between 1964 and 1998. It currently has no homes for sale. The homes range in size from 1,120 ft2 to 2,963 ft2. The average annual property tax for Level Acres is $3,805.58. It is located in Henry County. ... Read more
Median Price: $220,000
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Subdivisions

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Market Trends

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Real Estate News

Homes Just Sold in Colona: May 12th to May 18th

Homes Just Sold in Colona: May 12th to May 18th - May 19, 2026

Colona had only 1 sale during the week of Tuesday, May 12 to Monday, May 18, including and it was a single family home for sale with a list price ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Colona: May 9th to May 15th

New Homes with Master Bedrooms on the 1st Floor in Colona: May 9th to May 15th - May 16, 2026

Colona had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, May 9 to Friday, May 15, and it ... continue reading
New Homes For Sale This Week in Colona: May 8th to May 14th

New Homes For Sale This Week in Colona: May 8th to May 14th - May 15, 2026

Colona had only 1 new home for sale during the week of Friday, May 8 to Thursday, May 14, including and it was a single family home for sale with ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Colona: May 2nd to May 8th

New Homes with Master Bedrooms on the 1st Floor in Colona: May 2nd to May 8th - May 9, 2026

Colona had 2 new homes for sale with a master bedroom on the first floor during the month of Saturday, May 2 to Friday, May 8, including 2 single ... continue reading
New Homes For Sale This Week in Colona: May 1st to May 7th

New Homes For Sale This Week in Colona: May 1st to May 7th - May 8, 2026

Colona had 4 new homes for sale during the week of Friday, May 1 to Thursday, May 7, including including 4 single family homes for sale with an average list ... continue reading
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