Housing Prices in Colfax Township, MI
How much do homes in Colfax Township, MI cost?
Median List Price
$281,950
$170/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Colfax Township has increased by 17.5% since last year.
Summary: The median home list price in Colfax Township was $281,950 in May 2024, up 17.5% from the previous year, and the median price per square foot was $170.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $349.9K | N/A |
| 2 Bedrooms | $119K | $199.9K | +68.0% |
| 3 Bedrooms | $249.9K | $275K | +10.0% |
| 4 Bedrooms | $259.9K | $299.9K | +15.4% |
| 5+ Bedrooms | $334.4K | $399.9K | +19.6% |
Summary: Colfax Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 68%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 19.6%.
Median List Price Compared To Nearby Cities
| Rodney | $165K | $275K | +66.7% |
| Martiny Township | $180K | $224.9K | +24.9% |
| Colfax Township | $240K | $281.9K | +17.5% |
| Grant Township | $224.9K | $249.9K | +11.1% |
| Austin Township | $225K | $247K | +9.8% |
Housing Supply in Colfax Township, MI
How many homes are available in Colfax Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The Colfax Township real estate market had 6 homes for sale in May 2024, a 25.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Colfax Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Days on Market for Colfax Township, MI
How long does it take to sell a home in Colfax Township, MI?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 94 Days | 101 Days | +7.3% |
Summary: Homes in Colfax Township had an average listing age of 101 days in May 2024, up by 7.3% compared to the previous year.
