Colfax, IA Foreclosures
How much do homes sell for in Colfax, IA?
The average home price is currently $240,371.
In Colfax, IA, how many homes are available?
There are currently 1 active home listings available in Colfax.
What’s the average rental cost in Colfax, IA?
The average rental price in Colfax is $1,368.
What is the most expensive home in Colfax?
The most expensive home sold in Colfax had a price of $995,344.
What is currently the cheapest priced home in Colfax, IA?
The cheapest home for sale in Colfax is priced at $15,084.
Living in Colfax, IA
Colfax, Iowa, is a charming small town located just 20 miles east of Des Moines. Known for its friendly community atmosphere, Colfax offers a variety of recreational activities and local amenities. The town is ideal for families and those looking to enjoy the tranquility of rural living while still being close to the urban conveniences of a larger city.
Current Market Conditions in Colfax, IA
Currently, Colfax's real estate market is experiencing a moderate growth trend. Home prices have seen a steady increase over the past year, attributed to the area's appealing lifestyle and affordable housing options. With its proximity to Des Moines, many homebuyers are looking for property in Colfax as a suburban alternative, which is driving demand in the market.
New developments and renovations in the area are also contributing to a growing interest in Colfax, making it an attractive place for first-time buyers and investors alike. The market is competitive, with homes often selling quickly, reflecting the high desirability of the location in today's economy.
Home Value Estimator For Colfax, IA
There are currently 1,229 real estate properties
in Colfax, IA,
with a median automated valuation model (AVM) price
of $209,709.00. 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, IA, 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, IA,
is $240,371.00, with the most expensive house
in Colfax, IA, topping out
at $995,344.00 and the cheapest home
in Colfax, IA,
clocking in at $15,084.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Colfax, IA!
Rent Prices
In Colfax, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Colfax, IA, is on
a rollercoaster ride. The
average rent price in Colfax, IA,
is $1,368.00. Indeed, when looking to rent in
Colfax, IA, you can expect to pay as little
as $800.00 or as much
as $2,040.00,
with the average rent median estimated to
be $1,360.00. The good news is that finding
an affordable and desirable property to rent in Colfax, IA
-- 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.
Learn more on Foreclosure homes
