Colfax, IN—46035
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Colfax, IN
As of Oct '25, the median home price in Colfax, IN is $205,000, with a year-over-year change of 4.9%. This indicates that home prices in Colfax, IN are increasing. According to Zillow, the 1-year price projection is 3.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $205,000 | 4.9% |
| Single Family | $205,000 | 4.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $161,000 | 5.9% |
3 Bed | $226,000 | 5.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Colfax, IN
Colfax, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Colfax, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Colfax, IN is 26. This is a increase of 13.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $207,000 | -3.0% |
Listing Count | 6 | 44.0% |
| Listings as % of Homes | 0.2% | 44.0% |
Days on Market | 26 | 13.0% |
Demographics — Colfax, IN
As of the latest ACS Survey released in 2023, Colfax, IN has a population of 1,320, which has increased by 21.7% over the past 5 years. Colfax, IN is a popular place for families, as children make up 29.1% of the population. The area has a poorly educated workforce, with 7.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,320 | 21.7% |
% Under 18 | 29.1% | 12.4% |
% Seniors | 11.7% | -43.2% |
% WFH | 8.6% | 218.5% |
% w/ College Degree | 7.7% | -43.8% |
As of the latest ACS Survey released in 2023, Colfax, IN is a predominantly white area, with 97.6% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Colfax, IN is black, making up 0.1% of the population. Foreign-born residents account for 0.0% of the population in Colfax, IN, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.6% | -0.1% |
% Black | 0.1% | -95.7% |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Colfax, IN
Colfax, IN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Colfax, IN
Colfax, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 2.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | N/A | N/A | $1,220 |
| 3 Bedroom | N/A | N/A | $1,590 |
| 4 Bedroom | N/A | N/A | $1,920 |
Affordability — Colfax, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $205,000 |
| Median Household Income | $72,400 |