The median home value in Colfax, IN is $240,000. This is higher than the county median home value of $165,100. The national median home value is $338,100. The average price of homes sold in Colfax, IN is $240,000. Approximately 69.64% of Colfax homes are owned, compared to 19.8% rented, while 10.56% are vacant. Colfax real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Colfax real estate agent to arrange a tour today!
Colfax, Indiana has a population of 859. Colfax is less family-centric than the surrounding county with 27.93% of the households containing married families with children. The county average for households married with children is 31.47%.
The median household income in Colfax, Indiana is $56,023. The median household income for the surrounding county is $55,582 compared to the national median of $69,021. The median age of people living in Colfax is 31.5 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 41.8 inches per year, with 18.8 inches of snow per year.