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Colfax, IA
Full City Profile · Iowa · Jasper County County
3.3
/5.0
B
Good
2,089
Population
816/sq mi density
$82,878
Median Income
$35,573 per capita
$160,500
Home Value
$185,374 Zillow
$830
Median Rent
22.7% income on rent
50°F
Avg Temperature
275 sunny days/yr
296
Violent Crime/100K
1,719 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$82,878 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$160,500 home value, $830/mo rent
F
Safety
1.0 / 5.0
296 violent crimes/100K
C+
Education
2.7 / 5.0
20.8% bachelor's degree or higher
Housing Overview
Median Home Value
$160,500
43% below
US avg: $281,900
Median Rent
$830/mo
29% below
US avg: $1,163/mo
Homeownership Rate
70.9%
8% above US avg (65.4%)
Total Housing Units
899
Median year built: 1956
Home Value by Source
Census Median
$160,500
Zillow (ZHVI)
$185,374
Median Sale Price
$204,000
Median List Price
$194,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.9%
Owner-Occupied
29.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent:
$830/mo
Market Indicators (Redfin)
Median Days on Market
85 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
8.3%
of listings with price reduction
Price Per Sq Ft
$157
Active Inventory
12
homes for sale
Affordability & Housing Stock
Rent Burden
22.7%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
70.9%
Complete Housing Data
Home Values
| Census Median Value | $160,500 |
| Zillow Home Value (ZHVI) | $185,374 |
| Median Sale Price | $204,000 |
| Median List Price | $194,000 |
| Price Per Sq Ft | $157 |
Rent
| Census Median Rent | $830 |
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
| Days on Market | 85 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 8.3% |
| Homes Sold | 3 |
| Active Inventory | 12 |
| Price Per Sq Ft | $157 |
Ownership & Stock
| Owner-Occupied | 70.9% |
| Renter-Occupied | 29.1% |
| Homeownership Rate | 70.9% |
| Total Housing Units | 899 |
| Median Year Built | 1956 |
| Rent Burden | 22.7% |