Colona, IL, Real Estate

Colona currently has 11 single family homes for sale with an average list price of $222,318.18, 1 townhouse for sale with a list price of $229,000, and 11 lots for sale with an average list price of $50,318.18. The average annual property tax for Colona is $3,478.87.

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: $166,700
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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: $89,000
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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 $245,000. 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: March 24th to March 30th

Homes Just Sold in Colona: March 24th to March 30th - March 31, 2026

Colona had 2 sales during the week of Tuesday, March 24 to Monday, March 30, including including 2 single family homes for sale with an average list price of $139,750. $89,500 1006 ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Colona: March 21st to March 27th

New Homes with Master Bedrooms on the 1st Floor in Colona: March 21st to March 27th - March 28, 2026

Colona had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, March 21 to Friday, March 27, and it ... continue reading
New Homes For Sale This Week in Colona: March 20th to March 26th

New Homes For Sale This Week in Colona: March 20th to March 26th - March 27, 2026

Colona had 3 new homes for sale during the week of Friday, March 20 to Thursday, March 26, including including 2 single family homes for sale with an average list ... continue reading
Homes Just Sold in Colona: March 17th to March 23rd

Homes Just Sold in Colona: March 17th to March 23rd - March 24, 2026

Colona had only 1 sale during the week of Tuesday, March 17 to Monday, March 23, 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: March 14th to March 20th

New Homes with Master Bedrooms on the 1st Floor in Colona: March 14th to March 20th - March 21, 2026

Colona had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, March 14 to Friday, March 20, and it ... continue reading
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