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IA area data

Colfax, IA

Colfax, IA.

Population: 3,166 (Census ACS)

Home values & appreciation

Median home value
$239,760
1-year appreciation
+6.2%
3-year appreciation
+16.7%
5-year appreciation
+33.0%
10-year appreciation
+114.2%
All-time peak (2026-05)
$240,218
House Price Index
379.0 (+3.7% YoY)

Market activity

Median sale price
$198,750
Median list price
$144,950
Median days on market
28.5 days
Sale-to-list ratio
96.8%
Active listings
8
1-year forecast
+0.8%
New listings (monthly)
4

Rents

2-bedroom fair-market rent (HUD reference)
$1,030/mo
3BR fair-market rent
$1,380/mo

Affordability

Cost of living index (Low)
89.5 (100 = US avg)
Electricity rate (state-level)
13.7¢/kWh
Natural gas rate (state-level)
$10.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
drought, hail, strongWind, tornado, winterWeather
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
50.0°F
Average high
60.0°F
Average low
40.0°F
Annual precipitation
40.0 in

Walkability & transit

Walkability index
7.7 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Farrar Airport (10 mi)
Nearest major airport
Des Moines International Airport (DSM) (24 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-42 tax filers

Housing stock

Median year housing built
1,965
Median annual property tax
$2,807
Mean commute to work
22 min
Households with broadband internet
66.9%

Employment & development

Total county employment
8,174
Average weekly wage
$908
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
11

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents