Colfax, NC Home Values & Market Trends
Real estate market trends reflect that there have been 85 transactions over the past year in Colfax. The median value for residential home transactions that occurred over the previous year is $406,417.88. The number of current listings in Colfax is 6, and the percentage of properties for sale in the city is 6.00%. Colfax, NC currently has 3 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 6 properties for sale.
Colfax, NC Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 27235 | $ 321,918 $ 184/sqft |
Housing Market Summary for Colfax, NC
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $415K | $412.7K | -0.56% |
| Median Sold Price | $391K | $412.7K | 5.54% |
| Homes For Sale | 5 | 7 | 40.00% |
| Homes Sold | 47 | 32 | -31.91% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Colfax, NC
Browse Homes in Colfax, NC
Colfax home values range from $36,036 to $31,484,415. The median estimated value of a home in Colfax is $406,417.88. The median list price of a home is 320,000, and the total count of properties in the city is 1,935.
- Pre-ForeclosurePre-foreclosure homes account for 0.05% of all residential properties in Colfax, NC with 27235 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Colfax, NC; of that zips, the estimated home value for pre-foreclosure homes ranges from $602,551 in 27235 to the lowest home value of $602,551 in 27235.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Colfax, NC ranges from the highest value of $397,419 in 27235 to the lowest value of $397,419 in 27235. Bank owned homes and properties account for 0.05% of properties in Colfax, NC. There is 1 zips within Colfax, NC; 27235 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions27235 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Colfax, NC. Auction homes and other auction properties account for 0.05% of all properties in Colfax, NC. There is 1 zips within Colfax, NC; of that zips, the median estimated home value for homes going to auction ranges from $275,265 in 27235 to the lowest value of $275,265 in 27235.
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More Real Estate Resources for Colfax, NC
Guide for Colfax, NC
North Carolina Foreclosure Laws
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