The housing in 27235 Colfax, NC is booming with a median value of $373,400. This is significantly higher than the US median value of $338,100. Furthermore, the US 1 year house appreciation rate is 8.27%, but in Colfax, it's even higher at 16.52%. This suggests that the housing market in Colfax is rapidly growing and may be a good investment opportunity for potential homeowners.
The median home cost in Colfax (zip 27235) is $373,400. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Colfax (zip 27235) is up 23.2%.
Average Age of Homes
- The median age of Colfax (zip 27235) real estate is 20 years old
The Rental Market in Colfax (zip 27235)
- Renters make up 24.1% of the Colfax (zip 27235) population
- 0.8% of houses and apartments in Colfax (zip 27235), 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.