Colfax, IL has a median housing value of $132,100 which is lower than the US median housing value of $338,100. However, the 1 year house appreciation in Colfax is 14.21%, which is higher than the national average of 8.27%. This suggests that Colfax has seen strong growth in its housing market over the past year and could be an attractive option for those looking to buy a home.
The median home cost in Colfax is $132,100. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Colfax is up 16.3%.
Average Age of Homes
- The median age of Colfax real estate is 62 years old
The Rental Market in Colfax
- Renters make up 18.8% of the Colfax population
- 0.0% of houses and apartments in Colfax, 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.