$6,353 Closing Credit¹
#1168561, Patricia Arriaga, Listing Office: Carolina Home Partners by eXp Realty
Colfax Housing Market Report January 2025•Guilford County, North Carolina
Housing Prices in Colfax, NC
How much do homes in Colfax, NC cost?
Housing Market Conditions
Is Colfax, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Colfax is a Seller's Market
Difference Since January 2024
At the same time last year, Colfax was a Neutral Market.
Insight
Colfax is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$427,000$173/SqFt
+$7,000
+1.7%
Based on all homes sold in the last 12 months
Insight
Homes in Colfax have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Colfax was $427,000 in January 2025, up 1.7% from last year, and the median price per square foot was $173.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Colfax | $420K | $427K | +1.7% |
| Oak Ridge Township | $583.7K | $590K | +1.1% |
| Kernersville | $330K | $330K | 0.0% |
| Deep River Township | $390K | $385K | -1.3% |
| Oak Ridge | $639.9K | $617.5K | -3.5% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $215K | $340K | +58.1% |
| 33 Bedrooms | $302.5K | $339.9K | +12.4% |
| 44 Bedrooms | $457K | $455.5K | -0.3% |
| 55+ Bedrooms | $473.7K | $505K | +6.6% |
Summary: Colfax housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +58.1%. The home price for 3 bedroom homes increased by +12.4%. The home price for 4 bedroom homes decreased by -0.3%. The home price for 5 bedroom homes increased by +6.6%.
Housing supply in Colfax, NC
How many homes are available in Colfax, NC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 17Last MonthJan 2025 | ||
| 182 months agoDec 2024 | -5.6 % Change MoMDec – Jan |
Summary: The Colfax real estate market had 17 homes for sale in Jan 2025, a 5.6 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthJan 2025 | ||
| 62 months agoDec 2024 | -50.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 4 | 0.0% |
| 33 Bedrooms | 10 | 8 | -20.0% |
| 44 Bedrooms | 3 | 3 | 0.0% |
| 55+ Bedrooms | 1 | 2 | +100.0% |
Summary: Colfax housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -20.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Colfax, NC cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price1 Home
Insight
If you're buying a home in Colfax, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Colfax in January 2025, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and and 0% were sold over asking.
Days on Market for Colfax, NC
How long does it take to sell a home in Colfax, NC?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days1 Home
Insight
Many homes in Colfax are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 3 homes were sold in Colfax; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 88 DaysThis YearJan 2025 | ||
| 28 Days1 year agoJan 2024 | +214.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Colfax had an average listing age of 88 days in Jan 2025, up by 214.3% compared to the previous year.
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Newest Listings in Colfax, NC
What homes are available in Colfax, NC?
#1168037, Amy Cromer, Listing Office: Hillcrest Realty Group
$6,056 Closing Credit¹
#1168088, Bridgette Johnson, Listing Office: Tyler Redhead & McAlister Real Estate, LLC
$6,519 Closing Credit¹
#1167995, Milly Khowala, Listing Office: Fathom Realty Greensboro
$2,969 Closing Credit¹
#1167246, Jordan Hairston, Listing Office: Real Broker LLC
$2,611 Closing Credit¹
#1164994, Kevin Satornino, Listing Office: The Satornino Group brokered by eXp Realty
$4,861 Closing Credit¹
#1164140, W. Scott Wallace, Listing Office: KEYSTONE REALTY GROUP
$3,763 Closing Credit¹
#1162794, Caden Darnell, Listing Office: Blue Knight Real Estate Group LLC
#1161138, Phillip Stone, Listing Office: A New Dawn Realty, Inc
#1152402, Kim Martin, Listing Office: Century 21 Total Real Estate Solutions, LLC
$4,869 Closing Credit¹
#1152139, W. Scott Wallace, Listing Office: KEYSTONE REALTY GROUP
$5,011 Closing Credit¹
#1152164, W. Scott Wallace, Listing Office: KEYSTONE REALTY GROUP
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MLS Disclaimers and Copyright
Based on information from Triad MLS Inc, for the period 02/01/2023 - 02/01/2025
Copyright © 2025 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 8:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.