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Short Sale Listings in Colfax, CA

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Living in Colfax, CA

Colfax, CA, is a picturesque small town located in the Sierra Nevada foothills, known for its outdoor recreational opportunities and friendly community. With easy access to local amenities and major highways, it offers a perfect blend of rural charm and urban convenience. Residents enjoy a lifestyle rich with outdoor activities and community spirit.

Current Market Conditions in Colfax, CA

Currently, the real estate market in Colfax is characterized by a steady demand for family homes and vacation properties, owing to the area’s natural beauty and recreational allure. There has been a noticeable increase in new construction, catering to the rising interests of buyers looking for a second home or a peaceful retreat.

Home prices in Colfax have shown a moderate increase over the past year, attracting both local and out-of-state investors. With the area’s ongoing development and influx of residents seeking a balance between outdoor living and suburban convenience, the market outlook remains positive.

Home Value Estimator For Colfax, CA

There are currently 3,646 real estate properties in Colfax, CA, with a median automated valuation model (AVM) price of $475,624.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Colfax, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Colfax, CA, is $528,260.00, with the most expensive house in Colfax, CA, topping out at $9,875,119.00 and the cheapest home in Colfax, CA, clocking in at $45,724.00. In other words, there’s something for every potential homebuyer or savvy investor in Colfax, CA!

Rent Prices In Colfax, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Colfax, CA, is on a rollercoaster ride. The average rent price in Colfax, CA, is $1,867.00. Indeed, when looking to rent in Colfax, CA, you can expect to pay as little as $910.00 or as much as $4,360.00, with the average rent median estimated to be $1,800.00. The good news is that finding an affordable and desirable property to rent in Colfax, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Colfax, CA Short Sale Listings


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