1 day on Rocket
$3,028 Closing Credit¹
#282291, Jayci Cocking, Listing Office: Woodbridge Real Estate
Colfax-Palouse Housing Market Report February 2025•Whitman County, Washington
Housing Prices in Colfax-Palouse, WA
How much do homes in Colfax-Palouse, WA cost?
Housing Market Conditions
Is Colfax-Palouse, WA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Colfax-Palouse is a Buyer's Market
Difference Since February 2024
Since last year, Colfax-Palouse has remained a Buyer's Market.
Insight
Colfax-Palouse is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$324,500$178/SqFt
+$19,500
+6.4%
Based on all homes sold in the last 12 months
Insight
Homes in Colfax-Palouse have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Colfax-Palouse was $324,500 in February 2025, up 6.4% from last year, and the median price per square foot was $178.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Colfax | $282K | $316K | +12.1% |
| Colfax-Palouse | $305K | $324.5K | +6.4% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $213.7K | $120K | -43.9% |
| 22 Bedrooms | $200K | $257.5K | +28.7% |
| 33 Bedrooms | $329K | $340K | +3.3% |
| 44 Bedrooms | $399K | $389K | -2.5% |
| 55+ Bedrooms | - | $395K | N/A |
Summary: Colfax-Palouse housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -43.9%. The home price for 2 bedroom homes increased by +28.7%. The home price for 3 bedroom homes increased by +3.3%. The home price for 4 bedroom homes decreased by -2.5%. The home price for 5 bedroom homes did not change.
How does Colfax-Palouse, WA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Colfax-Palouse, WA
Housing supply in Colfax-Palouse, WA
How many homes are available in Colfax-Palouse, WA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 24Last MonthFeb 2025 | ||
| 212 months agoJan 2025 | +14.3 % Change MoMJan – Feb |
Summary: The Colfax-Palouse real estate market had 24 homes for sale in Feb 2025, a 14.3 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthFeb 2025 | ||
| 52 months agoJan 2025 | -60.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 6 | 5 | -16.7% |
| 33 Bedrooms | 8 | 9 | +12.5% |
| 44 Bedrooms | 3 | 3 | 0.0% |
| 55+ Bedrooms | 4 | 7 | +75.0% |
Summary: Colfax-Palouse housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -16.7%. The inventory for 3 bedroom homes increased by +12.5%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +75.0%.
Asking Price vs. Sold Price
How much do homes in Colfax-Palouse, WA cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price0 Home
Insight
If you're buying a home in Colfax-Palouse, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Colfax-Palouse in February 2025, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and and 50% were sold over asking.
Days on Market for Colfax-Palouse, WA
How long does it take to sell a home in Colfax-Palouse, WA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days2 Homes
Insight
Most homes in Colfax-Palouse are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 2 homes were sold in Colfax-Palouse; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 102 DaysThis YearFeb 2025 | ||
| 106 Days1 year agoFeb 2024 | -3.3 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Colfax-Palouse had an average listing age of 102 days in Feb 2025, down by 3.3% compared to the previous year.
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Newest Listings in Colfax-Palouse, WA
What homes are available in Colfax-Palouse, WA?
3 days on Rocket3D tour
$5,213 Closing Credit¹
#282244, Katlyn Cloninger, Listing Office: Beasley Realty
Backup offers
$2,719 Closing Credit¹
#282039, Curtis McNeilly, Listing Office: Kincaid Real Estate
$2,553 Closing Credit¹
#281815, Carmen Bruya, Listing Office: United Country Real Estate - Team Washington
$4,976 Closing Credit¹
#279228, Jacob Davis, Listing Office: Woodbridge Real Estate
$3,443 Closing Credit¹
#281519, Ashley Alred, Listing Office: Coldwell Banker Tomlinson
$2,957 Closing Credit¹
#279474, J. Craig Lester, Listing Office: RE/MAX Home and Land
Backup offers
$6,353 Closing Credit¹
#281549, Jayci Cocking, Listing Office: Woodbridge Real Estate
#278828, Jacob Davis, Listing Office: Woodbridge Real Estate
Backup offers
$4,305 Closing Credit¹
#278230, Connie Newman, Listing Office: Professional Realty Services - Whitman
$3,264 Closing Credit¹
#281455, Patti Green-Kent, Listing Office: Coldwell Banker Tomlinson
$3,383 Closing Credit¹
#281276, Patti Green-Kent, Listing Office: Coldwell Banker Tomlinson
Nearby markets
Nearby markets aren't available for Colfax-Palouse, 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 03/01/2023 - 03/01/2025
© 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: 3/13/2025, 10:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 10:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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.
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: 3/13/2025, 10:10:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.