$4,263 Closing Credit*
$359,000
2,908 SqFt
4 Beds
•3 Full Baths
Listing Office: RE/MAX Affiliates *
Is Colfax, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Colfax was a Neutral Market.
Key Takeaway
Colfax is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Colfax, WI
How much do homes in Colfax, WI cost?
Median Sold Price
$275,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$25,000(-8.3%)
Key Takeaway
Homes in Colfax have sold for 8.3% less than they did a year ago.
Summary: The median home sold price in Colfax was $275,000 in November 2024, down 8.3% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $325K | +116.7% |
| 2 Bedrooms | $287K | $127K | -55.7% |
| 3 Bedrooms | $295K | $284K | -3.7% |
| 4 Bedrooms | $450K | $425.5K | -5.4% |
| 5+ Bedrooms | $441.5K | $245K | -44.5% |
Summary: Colfax housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 116.7%, 2 bedroom homes decreased by 55.7%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 44.5%.
Housing Supply in Colfax, WI
How many homes are available in Colfax, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 27 | -15.6% |
Summary: The Colfax real estate market had 27 homes for sale in November 2024, a 15.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 5 | -44.4% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Colfax housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 44.4%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 3 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Colfax, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Colfax in November 2024, down by 66.7% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Colfax, WI
How long does it take to sell a home in Colfax, WI?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Colfax has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Colfax; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
