Home prices
The value of the median home in Colfax is $115,700. In comparison to the surrounding areas it is about $21,180 (15%) lower.It is approximately $101,800 (46%) lower compared to the entire country, and compared to the city of St. Paul it is roughly $92,300 (44%) lower.
Rents
Colfax's median rent is $639 a month. Compared to its surrounding areas this is about $127 (16%) lower.It is approximately $423 (39%) lower in comparison to the rest of the country, and compared to the city of St. Paul it is about $329 (33%) lower.
Nearby places
Tainter Lake
Tainter Lake is about 4 miles west from Colfax. The housing prices there are a lot more expensive. The median home value in Tainter Lake is $197,800, which comes out to $82,100 (41%) higher than Colfax. Its rents are significantly more expensive. Tainter Lake's median monthly rent is $957, which is $318 (33%) higher than Colfax.
Elk Mound
Elk Mound is about 7 miles south from Colfax. The real estate prices there are fairly similar. Elk Mound's median home cost is $120,700, which comes out to $5,000 (4%) higher than Colfax. Rents there are a bit more expensive. In Elk Mound the median monthly rent is $850, which is $211 (24%) higher than Colfax.
Wheeler
Wheeler is approximately 7 miles west of Colfax. Housing prices there are significantly less expensive. The median home in Wheeler costs $83,800, which comes out to $31,900 (38%) lower than Colfax. Its rents are somewhat more expensive. In Wheeler the median monthly rent is $729, which is $90 (12%) higher than Colfax.
Menomonie
Menomonie is about 10 miles southwest from Colfax. Its housing prices are a bit more expensive. The median home in Menomonie costs $145,200, which comes out to $29,500 (20%) higher than Colfax. Its rents are a little more expensive. The median monthly rent in Menomonie is $762, which works out to $123 (16%) higher than Colfax.
Bloomer
Bloomer is approximately 11 miles northeast from Colfax. Its real estate prices are a little more expensive. The median home in Bloomer costs $136,900, which comes out to $21,200 (15%) higher than Colfax. Its rents are a bit less expensive. In Bloomer the median rent is $531 per month, which is $108 (20%) lower than Colfax.