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 $165,310, lower than the Texas average of $235,268.
The average cost of rent is $959/mo in Colfax, primarily driven by the current value of real estate in the Colfax area. While nearly 60.55% of residents own their homes outright in Colfax, 12.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Colfax is $4,997 per month. Households that rent pay about 19.20% of their income on rent here. Colfax's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Wentworth, TX: equally priced homes
- Van, TX: less expensive homes
- Ben Wheeler, TX: higher priced homes
- Martins Mill, TX: equally priced homes
- Canton, TX: equally priced homes
- Jones, TX: less expensive homes
- Tundra, TX: higher priced homes
- Pruitt, TX: higher priced homes
- Edom, TX: equally priced homes
- Wallace, TX: equally priced homes
Cities with Similar Populations
- Streetman, TX: higher priced homes
- Tremont City, OH: less expensive homes
- Culloden, GA: higher priced homes
- Tison, GA: less expensive homes
- Dolomite, AL: less expensive homes
- Drexel, MO: less expensive homes
- Dunes City, OR: higher priced homes
- Earlton, NY: higher priced homes
- East Concord, NY: equally priced homes
- East Hounsfield, NY: equally priced homes
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