Home prices
The median home in Colfax costs $102,600. In comparison to its nearby areas this is approximately $20,560 (16%) lower.Compared to the US as a whole it is approximately $114,900 (52%) lower, and it is about $30,600 (22%) lower in comparison to the city of Des Moines.
Rents
In Colfax the median monthly rent is $714. In comparison to its nearby areas this is approximately $73 (9%) lower.In comparison to the US as a whole it is about $348 (32%) lower, and is approximately $141 (16%) lower compared to the city of Des Moines.
Nearby places
Mitchellville
Mitchellville is approximately 5 miles west of Colfax. The housing prices there are a little more expensive. The value of the median home in Mitchellville is $137,300, which is $34,700 (25%) higher than Colfax. Rents there are pretty similar. The median rent in Mitchellville is $698 per month, which is $16 (2%) lower than Colfax.
Prairie City
Prairie City is about 5 miles south from Colfax. The housing prices there are somewhat more expensive. The median home in Prairie City is valued at $137,100, which is $34,500 (25%) higher than Colfax. Rent there is a bit more expensive. In Prairie City the median monthly rent is $878, which comes out to $164 (18%) higher than Colfax.
Mingo
Mingo is approximately 6 miles north from Colfax. The real estate prices there are a bit less expensive. The median home in Mingo costs $90,800, which comes out to $11,800 (12%) lower than Colfax. The rent there is somewhat less expensive. Mingo's median monthly rent is $675, which comes out to $39 (5%) lower than Colfax.
Lambs Grove
Lambs Grove is about 7 miles east of Colfax. Its real estate prices are a little more expensive. The value of the median home in Lambs Grove is $136,400, which comes out to $33,800 (24%) higher than Colfax. The rent there is a bit more expensive. In Lambs Grove the median rent is $950 a month, which works out to $236 (24%) higher than Colfax.
Newton
Newton is roughly 8 miles east from Colfax. Its housing prices are a bit more expensive. The median home cost in Newton is $114,200, which works out to $11,600 (10%) higher than Colfax. Rents there are fairly similar. Newton's median monthly rent is $736, which is $22 (2%) higher than Colfax.