Colfax, LA 71417 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Colfax, LA—71417

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$114,000

4.6% YoY Growth

Household Income

$49,400

60.0% YoY Growth

Days on Market

40.0% Shorter YoY

Home Price Forecast

-0.6%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Other Zip Codes in Colfax, LA

71423

Home Price Trends — Colfax, LA

As of Dec '25, the median home price in Colfax, LA is $114,000, with a year-over-year change of -4.6%. This indicates that home prices in Colfax, LA are decreasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$114,000	-4.6%
Single Family	$114,000	-5.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Colfax, LA

Colfax, LA 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

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% of Rental Stock

1 Bedroom

17.3%

2 Bedrooms

29.3%

3 Bedrooms

37.3%

4 Bedrooms

16.1%

Property Listings — Colfax, LA

As of Dec '25, Realtor.com reports that the median days on market for a home in Colfax, LA is 66. This is a decrease of -27.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$214,000	3.0%
Listing Count	10	10.0%
Listings as % of Homes	0.4%	10.0%
Days on Market	77	-40.0%

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Demographics — Colfax, LA

As of the latest ACS Survey released in 2023, Colfax, LA has a population of 4,680, which has decreased by -17.1% over the past 5 years. Colfax, LA is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 15.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,680	-17.1%
% Under 18	20.7%	-13.0%
% Seniors	19.7%	3.7%
% WFH	3.7%	516.7%
% w/ College Degree	15.0%	66.7%

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As of the latest ACS Survey released in 2023, Colfax, LA is a predominantly white area, with 65.0% of the population identifying as white. The white population has grown by 5.0% in the last 5 years. The second most common race or ethnicity in Colfax, LA is black, making up 30.0% of the population. Foreign-born residents account for 2.0% of the population in Colfax, LA, and this percentage has increased by 81.8% 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	65.0%	5.0%
% Black	30.0%	-15.0%
% Hispanic	1.0%	-41.2%
% Asian	1.9%	∞%
% Foreign Born	2.0%	81.8%

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Mortgage and Risk — Colfax, LA

According to HUD data as of 2023, there were 28 mortgage originations in Colfax, LA, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Colfax, LA. Investor activity is high, as 32.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	28
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	32.0%
% Second Loans	0.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Colfax, LA

Colfax, LA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	151
Total Units Section 8	61
% Rentals under Section 8	13.9%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$700
2 Bedroom	N/A	N/A	$920
3 Bedroom	N/A	N/A	$1,250
4 Bedroom	N/A	N/A	$1,390

Colfax, LA—71417

Key Metrics at a Glance

Other Zip Codes in Colfax, LA

Home Price Trends — Colfax, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Colfax, LA

% of Rental Stock

Property Listings — Colfax, LA

Demographics — Colfax, LA

Race and Ethnicity

Mortgage and Risk — Colfax, LA

Mortgages

Rentals and Section 8 — Colfax, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Colfax, LA

Home Price to Income Ratio

Colfax, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Colfax, LA

Bentley, LA

Campbell, LA

Boyce, LA

Pollockville, LA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.8
Median Home Price	$114,000
Median Household Income	$49,400

Colfax, LA—71417

Key Metrics at a Glance

Other Zip Codes in Colfax, LA

Home Price Trends — Colfax, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Colfax, LA

% of Rental Stock

Property Listings — Colfax, LA

Demographics — Colfax, LA

Race and Ethnicity

Mortgage and Risk — Colfax, LA

Mortgages

Rentals and Section 8 — Colfax, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Colfax, LA

Home Price to Income Ratio

Colfax, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Colfax, LA

Bentley, LA

Campbell, LA

Boyce, LA

Pollockville, LA

Frequently Asked Questions

What is the average home price in Colfax, LA 71417?

How have home prices in Colfax, LA 71417 changed over the past year?

What is the home price projection for Colfax, LA 71417?

What are the demographics of Colfax, LA 71417?

How long does it take homes to sell in Colfax, LA 71417?

What is the average rent price in Colfax, LA 71417?