Colfax, WI—54730
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Colfax, WI
As of Oct '25, the median home price in Colfax, WI is $311,000, with a year-over-year change of 3.7%. This indicates that home prices in Colfax, WI are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $311,000 | 3.7% |
| Single Family | $312,000 | 4.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $239,000 | 1.7% |
3 Bed | $306,000 | 3.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Colfax, WI
As of July '25, Rentcast reports the average rent in Colfax, WI is $1,390, with a year-over-year rent change of 55.0%. Per bedroom, the median rent as of July '25 in Colfax, WI is 3-bedrooms: $1,390. The most common rental property sizes in Colfax, WI are 1-bedroom and 3-bedroom, accounting for 37.4% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,290 | $1,390 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,290 | $1,390 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Colfax, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Colfax, WI is 100. This is a increase of 25.0% 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 67.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | 2.0% |
Listing Count | 21 | 41.0% |
| Listings as % of Homes | 0.3% | 41.0% |
Days on Market | 100 | 25.0% |
Demographics — Colfax, WI
As of the latest ACS Survey released in 2023, Colfax, WI has a population of 5,510, which has increased by 10.4% over the past 5 years. Colfax, WI is a popular place for families, as children make up 25.2% of the population. The area has a poorly educated workforce, with 24.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,510 | 10.4% |
% Under 18 | 25.2% | 7.2% |
% Seniors | 20.5% | 6.2% |
% WFH | 8.1% | 35.0% |
% w/ College Degree | 24.6% | -14.3% |
As of the latest ACS Survey released in 2023, Colfax, WI is a predominantly white area, with 92.2% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Colfax, WI is asian, making up 1.7% of the population. Foreign-born residents account for 2.9% of the population in Colfax, WI, and this percentage has increased by 52.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.2% | -3.8% |
% Black | 0.7% | 250.0% |
% Hispanic | 1.7% | 6.2% |
% Asian | 1.7% | 466.7% |
% Foreign Born | 2.9% | 52.6% |
Mortgage and Risk — Colfax, WI
According to HUD data as of 2023, there were 109 mortgage originations in Colfax, WI, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Colfax, WI. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 109 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Colfax, WI
Colfax, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 39 |
Total Units Section 8 | 39 |
% Rentals under Section 8 | 6.3% |
% Occupied Section 8 | 67.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $750 |
| 2 Bedroom | N/A | N/A | $940 |
| 3 Bedroom | $0 | $1,290 | $1,290 |
| 4 Bedroom | N/A | N/A | $1,540 |
Affordability — Colfax, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $311,000 |
| Median Household Income | $80,300 |