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Is Colfax, IA 50054 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Colfax is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.1%Sold price ÷ list price
Median days on market36Listing to accepted offer
Median price per sq ft$143▼ −24.5% vs. last year

Run the numbers for 50054

Prefilled for 50054Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50054Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Baxter 50028Buyer’s market $203 /sq ftIra 50127 — /sq ftKellogg 50135Balanced $157 /sq ftLynnville 50153 — /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology