Colfax, WA has an impressive housing market compared to the median value in the US. The median value of homes in Colfax is $276,400, which is significantly lower than the national average of $338,100. Not only that, but home appreciation in Colfax has been much higher over the past year than it has been nationally. Specifically, the appreciation rate for homes in Colfax was 15.73% compared to just 8.27% nationally. As a result, buying a house in Colfax can be a great investment and a great way to own a piece of real estate at an affordable price.
The median home cost in Colfax is $276,400. Home appreciation the last 10 years has been 115.4%. Home Appreciation in Colfax is up 19.3%.
Average Age of Homes
- The median age of Colfax real estate is 58 years old
The Rental Market in Colfax
- Renters make up 35.5% 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.