Home prices
The median home in Colfax is valued at $76,600. In comparison to nearby areas this is approximately $13,980 (15%) lower.It is approximately $140,900 (64%) lower compared to the entire nation, and compared to the city of Bloomington it is approximately $124,100 (61%) lower.
Rents
The median monthly rent in Colfax is $816. It is roughly $81 (11%) higher compared to nearby areas.Compared to the rest of the country it is approximately $246 (23%) lower, and compared to the city of Bloomington is approximately $101 (11%) lower.
Nearby places
Clarks Hill
Clarks Hill is roughly 4 miles northwest of Colfax. The real estate prices there are a bit less expensive. The cost of the median home in Clarks Hill is $69,800, which works out to $6,800 (9%) lower than Colfax. Rents there are a little less expensive. Clarks Hill's median rent is $683 a month, which comes out to $133 (19%) lower than Colfax.
Thorntown
Thorntown is about 5 miles southeast of Colfax. Housing prices there are somewhat more expensive. The median home in Thorntown is valued at $106,800, which comes out to $30,200 (28%) higher than Colfax. The rent there is similar. The median rent in Thorntown is $791 a month, which is $25 (3%) lower than Colfax.
Stockwell
Stockwell is about 7 miles northwest of Colfax. The housing prices there are somewhat more expensive. The cost of the median home in Stockwell is $103,000, which works out to $26,400 (25%) higher than Colfax. Rents there are somewhat less expensive. In Stockwell the median rent is $763 a month, which is $53 (6%) lower than Colfax.
Darlington
Darlington is about 7 miles southwest from Colfax. Real estate prices there are somewhat more expensive. The median home in Darlington is valued at $89,900, which works out to $13,300 (14%) higher than Colfax. The rent there is a bit less expensive. Darlington's median rent is $726 a month, which is $90 (12%) lower than Colfax.
Frankfort
Frankfort is roughly 8 miles northeast of Colfax. Housing prices there are a little more expensive. The median home price in Frankfort is $83,400, which comes out to $6,800 (8%) higher than Colfax. Rent there is a bit less expensive. In Frankfort the median monthly rent is $711, which works out to $105 (14%) lower than Colfax.
