Home prices
Colfax's median home value is $99,000. This is approximately $5,360 (5%) lower compared to its nearby areas.It is roughly $118,500 (54%) lower in comparison to the United States as a whole, and it is about $85,400 (46%) lower compared to the city of Aurora.
Rents
In Colfax the median monthly rent is $753. It is approximately $89 (10%) lower compared to nearby areas.Compared to the United States as a whole it is about $309 (29%) lower, and in comparison to the city of Aurora is approximately $475 (38%) lower.
Nearby places
Anchor
Anchor is roughly 3 miles east of Colfax. The real estate prices there are somewhat less expensive. The median home in Anchor costs $85,000, which works out to $14,000 (16%) lower than Colfax. Its rents are somewhat more expensive. In Anchor the median rent is $910 a month, which comes out to $157 (17%) higher than Colfax.
Cooksville
Cooksville is approximately 4 miles west from Colfax. The real estate prices there are a bit less expensive. The cost of the median home in Cooksville is $93,500, which is $5,500 (5%) lower than Colfax. The rent there is fairly similar. Cooksville's median monthly rent is $750, which is very similar to Colfax.
Arrowsmith
Arrowsmith is roughly 7 miles south from Colfax. The real estate prices there are a bit less expensive. The median home in Arrowsmith costs $90,500, which comes out to $8,500 (9%) lower than Colfax. Rent there is a little more expensive. Arrowsmith's median rent is $1,083 per month, which is $330 (30%) higher than Colfax.
Ellsworth
Ellsworth is roughly 9 miles southwest of Colfax. Housing prices there are a bit more expensive. The value of the median home in Ellsworth is $106,300, which comes out to $7,300 (6%) higher than Colfax. Rent there is pretty similar. In Ellsworth the median rent is $765 per month, which comes out to $12 (1%) higher than Colfax.
Lexington
Lexington is approximately 9 miles northwest of Colfax. Its housing prices are significantly more expensive. The median home in Lexington is valued at $146,500, which comes out to $47,500 (32%) higher than Colfax. Rent there is a bit less expensive. The median monthly rent in Lexington is $702, which works out to $51 (7%) lower than Colfax.
