Housing in Colfax, IA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$159,000

Median List Price

$199,900

Price Per Sq Ft

$188

Days on Market

74

Active Inventory

8

Months of Supply

8.0

Buyer's market

Zillow Home Value

$181,380

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 26.7%List Price 5.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

66.7%

Sale-to-List Ratio

96.4%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
66.7%
Listings with Price Drops
25.0%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

3

Pending Sales

3

Homes Sold 50.0%New Listings 25.0%Pending 25.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$188

Median List $/SF

$154

Sale $/SF 93.8%List $/SF 8.9%Mar 24Jan 26

Colfax vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Colfax is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$160,500

Median Rent

$830

Total Housing Units

851

Vacancy Rate

11.3%

Owner Occupied

70.9%

Renter Occupied

29.1%

Median Property Tax

$2,413

per year

Monthly Cost (w/ Mortgage)

$1,030

Housing Types

Single Family
75.8%
Multi-Family
19.0%
Mobile Home
5.2%

The current median sale price in Colfax, IA is $159,000 according to Redfin data. Homes spend a median of 74 days on the market. 0.0% of homes sold above asking price. The market has 8.0 months of supply. The median price per square foot is $188. The median rent is $830 per month (Census ACS). About 70.9% of housing units are owner-occupied. The median year homes were built is 1957. There are 851 total housing units.