Colfax Housing Market Report March 2025•Whitman County, Washington

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Housing Prices in Colfax, WA

How much do homes in Colfax, WA cost?

Housing Market Conditions

Is Colfax, WA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Colfax is a Buyer's Market

Difference Since March 2024

Since last year, Colfax has remained a Buyer's Market.

Insight

Colfax is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$316,000$180/SqFt
+$36,000
+12.9%

Based on all homes sold in the last 12 months

Insight

Homes in Colfax have sold for 12.9% more than they did a year ago.

Summary: The median home sold price in Colfax was $316,000 in March 2025, up 12.9% from last year, and the median price per square foot was $180.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Colfax
+12.9%
Colfax-Palouse
+5.7%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1-$120K
N/A
2$199K$250K
+25.6%
3$285K$318K
+11.6%
4$402K$322.5K
-19.8%
5$507.5K$369K
-27.3%

Summary: Colfax housing price by bedroom type for March 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 +25.6%. The home price for 3 bedroom homes increased by +11.6%. The home price for 4 bedroom homes decreased by -19.8%. The home price for 5 bedroom homes decreased by -27.3%.

How does Colfax, WA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Colfax, WA

Housing supply in Colfax, WA

How many homes are available in Colfax, WA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
18Last MonthMar 2025
152 months agoFeb 2025
+20.0 %
Change MoMFeb – Mar

Summary: The Colfax real estate market had 18 homes for sale in Mar 2025, a 20.0 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthMar 2025
22 months agoFeb 2025
-50.0 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
223
+50.0%
376
-14.3%
424
+100.0%
545
+25.0%

Summary: Colfax housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes decreased by -14.3%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes increased by +25.0%.

Asking Price vs. Sold Price

How much do homes in Colfax, WA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price0 Home

Insight

If you're buying a home in Colfax, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Colfax in March 2025, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.

Days on Market for Colfax, WA

How long does it take to sell a home in Colfax, WA?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Colfax has remained consistent over time.

Summary: During March 2025, 1 homes were sold in Colfax; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
85 DaysThis YearMar 2025
170 Days1 year agoMar 2024
-50.0 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Colfax had an average listing age of 85 days in Mar 2025, down by 50.0% compared to the previous year.

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Newest Listings in Colfax, WA

What homes are available in Colfax, WA?

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Nearby markets

Nearby markets aren't available for Colfax, WA

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MLS Disclaimers and Copyright

Based on information from Pacific Regional MLS, and Spokane Association of REALTORS® MLS for the period 04/01/2023 - 04/01/2025

© 2025 Pacific Regional MLS (PACMLS). All rights reserved. All information herein is provided by third parties and is deemed generally reliable, but is not guaranteed and should be independently verified. Measurements and other detailed information are assumed approximate only. The PACMLS shall not be liable in any way to any party for any inaccuracies, errors or omissions in the material and information provided herein, or any resulting claims, whether for delays or damages, or otherwise. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 6:16:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2025 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 6:10:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.