Home prices
The median home in Colfax costs $72,300. In comparison to nearby areas it is about $32,800 (31%) lower.Compared to the rest of the country it is about $145,200 (66%) lower, and compared to the city of Monroe is approximately $67,300 (48%) lower.
Rents
The median monthly rent in Colfax is $622. In comparison to the surrounding areas it is roughly $89 (12%) lower.Compared to the US as a whole it is approximately $440 (41%) lower, and is about $80 (11%) lower in comparison to the city of Monroe.
Nearby places
Boyce
Boyce is about 9 miles south from Colfax. Its housing prices are somewhat less expensive. The median home in Boyce is valued at $56,600, which is $15,700 (27%) lower than Colfax. Rent there is somewhat more expensive. In Boyce the median rent is $684 per month, which works out to $62 (9%) higher than Colfax.
Dry Prong
Dry Prong is roughly 9 miles northeast from Colfax. Its housing prices are a lot more expensive. The median home value in Dry Prong is $123,300, which comes out to $51,000 (41%) higher than Colfax. Rents there are somewhat less expensive. Dry Prong's median monthly rent is $590, which works out to $32 (5%) lower than Colfax.
Pollock
Pollock is about 13 miles east of Colfax. Its real estate prices are a lot more expensive. The value of the median home in Pollock is $117,500, which is $45,200 (38%) higher than Colfax. Rent there is somewhat more expensive. The median monthly rent in Pollock is $767, which comes out to $145 (18%) higher than Colfax.
Montgomery
Montgomery is roughly 14 miles northwest from Colfax. Real estate prices there are a little more expensive. Montgomery's median home cost is $88,800, which is $16,500 (18%) higher than Colfax. Rents there are a little more expensive. Montgomery's median rent is $723 per month, which works out to $101 (13%) higher than Colfax.
Ball
Ball is about 17 miles southeast from Colfax. The real estate prices there are a lot more expensive. The median home cost in Ball is $139,300, which works out to $67,000 (48%) higher than Colfax. The rent there is a little more expensive. Ball's median monthly rent is $793, which comes out to $171 (21%) higher than Colfax.
