Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Colfax area can be challenging. Home prices in Colfax are now at a median cost of $263,040, higher than the North Carolina average of $226,477.
The average cost of rent is $1,330/mo in Colfax, primarily driven by the current value of real estate in the Colfax area. While nearly 41.99% of residents own their homes outright in Colfax, 37.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Colfax is $7,544 per month. Households that rent pay about 17.63% of their income on rent here. Colfax's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Kernersville, NC: less expensive homes
- Oak Ridge, NC: higher priced homes
- Jamestown, NC: less expensive homes
- High Point, NC: less expensive homes
- Wallburg, NC: less expensive homes
- Walkertown, NC: less expensive homes
- Greensboro, NC: less expensive homes
- Archdale, NC: less expensive homes
- Midway, NC: less expensive homes
- Winston-Salem, NC: less expensive homes
Cities with Similar Populations
- Arlington Heights, PA: less expensive homes
- Williamstown, KY: less expensive homes
- Wind Gap, PA: equally priced homes
- Alfred, ME: less expensive homes
- Yaurel, PR: less expensive homes
- Arrington, TN: higher priced homes
- Asbury, IA: higher priced homes
- Richlands, VA: less expensive homes
- Rice, MN: less expensive homes
- Holley, NY: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood