Market Overview
Home Prices in Colfax, WA
The median home value in Colfax, WA is $326,561 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.1% compared to a year ago and down 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Colfax are priced20% below average. Colfax is part of the Pullman, WA metro area.
Over the past five years, Colfax home values have risen by approximately19.8%, reflecting steady appreciation in this market.
Price History
Colfax Home Price Trend
2020
$243,405
$243K
—
2021
$272,563
$273K
+12.0%
2022
$321,427
$321K
+17.9%
2023
$321,833
$322K
+0.1%
2024
$327,340
$327K
+1.7%
2025
$326,746
$327K
-0.2%
2026
$326,561
$327K
-0.1%
City Comparison
Colfax vs. National Median
🏠 Colfax
$326,561
National Median
$410,000
At $326,561, homes in Colfax cost 20% below the national median of $410,000. This makes Colfax a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Colfax?
20% Down Payment
$65,312
on $326,561
Monthly P&I
$1,703/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,163/mo
incl. taxes & insurance
Income Needed
$86,520
gross annual (30% rule)
10% Down Option
$32,656
+ PMI applies
Loan Amount (20% dn)
$261,249
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Colfax, WA?
The median home value in Colfax is $326,561 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.1% year-over-year.
How much have home prices changed in Colfax?
Over the past year, home values in Colfax have decreased by 0.1%. Over five years, prices have risen approximately 19.8%.
How much do I need to earn to buy a home in Colfax?
To comfortably afford the median home price of $326,561 with a 20% down payment ($65,312) at today's rates (6.8%), you'd need a gross annual income of approximately $86,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Colfax compare to the national average home price?
The national median home value is approximately $410,000. At $326,561, homes in Colfax are 20% below the national average.
What metro area is Colfax part of?
Colfax is part of the Pullman, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.