Colfax, IL Real Estate

According to census data in the year 2000 there were 428 housing units in Colfax. This represents a 14.4% growth from 374 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 428 were located in what is classified as a rural area.

Homeownership rate in Colfax is about 80%. Colfax's vacancy rate, including seasonal lodging, is about 6.5%. Average household size is 2.35 people.

The majority of houses, apartments or condos in Colfax were built after 1949.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.70%
Two Bedrooms33.60%
Three Bedrooms40%
Four Bedrooms16.80%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1947
Median Value of occupied units$74,000
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size1.75
Median year structure was built1953
Median Monthly Rent asked for vacant units$125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.80%
Home Equity Loan3.40%
Simple Mortgage46.30%
Debt Free42.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.1%