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Featured local agent — Colfax, IN
Sarah Mitchell
Compass Real Estate · Colfax, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Colfax, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$240,000median sale price
How is the Colfax, IN housing market right now?
The median home sale price in Colfax, IN is $240,000, up 9.1% year-over-year. Homes sell in an average of 36 days with 2 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Colfax a buyer's or seller's market?
Colfax, IN is currently a seller's market, based on 2.0 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
36
Average pace
Active listings
2
2.0 months supply
Sale-to-list
100.0%
Above asking
What does the Colfax housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $240,000 |
| Median list price | $147,400 |
| Year-over-year price change | +9.1% |
| Average days on market | 36 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $141/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Colfax by property type?
How the Colfax, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $240,000 | $141/sq ft | 1 | 36 days |
Source: Redfin · Updated monthly
The Colfax housing market is currently classified as a seller's market with a median sale price of $240,000. Prices have risen 9.1% compared to last year, with homes spending an average of 36 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in Colfax
There are currently 2 homes listed for sale in Colfax, Indiana. The median listing price is $147K.
Active listings
2
Homes on market
Median list price
$147K
Avg. days on market
36
Days until sale
New this week
2
Newly listed
Who lives in Colfax?
Population
926
Median income
$61,964/yr
Median age
31.7 years
Owner-occupied
74.1%
College grads
5.9%
Avg commute
27 min
Source: U.S. Census Bureau ACS
What are homes worth in Colfax?
Zillow home value
$233,707
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Colfax?
Colfax is a community of approximately 1K residents with a median age of 31.7 years.The median household income is $61,964, which represents a working-class community with solid middle-income opportunities. 5.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 74.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 27 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Colfax offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Colfax, IN?
Want a head-to-head view? Compare Colfax side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Colfax?
The median home sale price in Colfax is $240,000, up 9.1% from last year.
How long do homes stay on market in Colfax?
Homes typically spend 36 days on market before going under contract.
What is the median income in Colfax?
The median household income is $61,964 per year.
Is Colfax a buyer's or seller's market?
With 2.0 months of supply, Colfax is currently a seller's market.
What is the Zillow home value estimate for Colfax?
The Zillow Home Value Index (ZHVI) for Colfax is $233,707, representing the typical home value in the area.
How much does a single-family home cost in Colfax?
The median single-family home price in Colfax, IN is $240,000 (about $141 per square foot).
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