The housing market in 50054 Colfax, IA is doing quite well compared to the average US median value. The median value in 50054 Colfax, IA is $180,200, while the US median value is $338,100. This difference of over $150,000 means that residents of 50054 Colfax have access to substantially lower priced properties. Furthermore, the one year appreciation in 50054 Colfax is 12.55%, higher than the US average of 8.27%. This shows strong growth and confidence in the local market and residents can expect their properties to increase in value at a faster rate than most markets across the country.
The median home cost in Colfax (zip 50054) is $180,200. Home appreciation the last 10 years has been 63.1%. Home Appreciation in Colfax (zip 50054) is up 11.4%.
Average Age of Homes
- The median age of Colfax (zip 50054) real estate is 45 years old
The Rental Market in Colfax (zip 50054)
- Renters make up 17.1% of the Colfax (zip 50054) population
- 0.0% of houses and apartments in Colfax (zip 50054), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.