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City-owned Homes And Land in Colfax, IN

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Colfax, IN Foreclosures

How much do homes sell for in Colfax, IN?
The average home price is currently $252,233.
In Colfax, IN, how many homes are available?
There are currently 4 active home listings available in Colfax.
What’s the average rental cost in Colfax, IN?
The average rental price in Colfax is $1,125.
What is the most expensive home in Colfax?
The most expensive home sold in Colfax had a price of $779,480.
What is currently the cheapest priced home in Colfax, IN?
The cheapest home for sale in Colfax is priced at $43,057.

Living in Colfax, IN

Colfax, IN is a charming small town that offers a peaceful atmosphere and a strong sense of community. The town is ideal for families and retirees, with access to outdoor activities and friendly local businesses. Colfax is known for its welcoming vibe and community-oriented events, making it a delightful place to call home.

Current Market Conditions in Colfax, IN

The real estate market in Colfax is currently stable, with moderate growth in home prices over the past year. The town's affordability makes it an attractive option for first-time homebuyers and investors looking for rental opportunities.

Colfax has seen an influx of interest from buyers seeking homes in a more rural setting, contributing to a slight increase in demand. This has led to tighter inventory levels, causing prices to gradually rise as more people discover the benefits of living in the area.

Home Value Estimator For Colfax, IN

There are currently 361 real estate properties in Colfax, IN, with a median automated valuation model (AVM) price of $218,775.00. 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, IN, 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, IN, is $252,233.00, with the most expensive house in Colfax, IN, topping out at $779,480.00 and the cheapest home in Colfax, IN, clocking in at $43,057.00. In other words, there’s something for every potential homebuyer or savvy investor in Colfax, IN!

Rent Prices In Colfax, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Colfax, IN, is on a rollercoaster ride. The average rent price in Colfax, IN, is $1,125.00. Indeed, when looking to rent in Colfax, IN, you can expect to pay as little as $690.00 or as much as $1,970.00, with the average rent median estimated to be $1,130.00. The good news is that finding an affordable and desirable property to rent in Colfax, IN -- 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, IN City-owned Homes And Land

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