In May 2019, there were three homes sold, with a median sale price of $132,500 - a 15.9% decrease over the $157,500 median sale price for the same period of the previous year. There were four homes sold in Colfax in May 2018.
The median sales tax in Colfax for the most recent year with available data, 2017, was $1,613, approximately 1.2% of the median home sale price for May 2019.
The following table compares Colfax to other McLean County cities with similar median sales prices in May 2019:
| City | May 2019 Home Sales | May 2018 Home Sales | % change (Total Home Sales) | May 2019 Median Sales Price | May 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bloomington | 152 | 139 | 9.4% | $181,125 | $160,000 | 13.2% |
| Lexington | 4 | 2 | 100% | $175,500 | $86,750 | 102.3% |
| Normal | 78 | 64 | 21.9% | $164,250 | $159,750 | 2.8% |
| Downs | 1 | 1 | 0% | $158,000 | $231,000 | -31.6% |
| Hudson | 3 | 5 | -40% | $145,000 | $240,000 | -39.6% |
| Colfax | 3 | 4 | -25% | $132,500 | $157,500 | -15.9% |
| Gridley | 3 | 6 | -50% | $127,900 | $83,250 | 53.6% |
| Carlock | 2 | 0 | - | $122,500 | $0 | - |
| Danvers | 7 | 6 | 16.7% | $120,000 | $111,000 | 8.1% |
| Le Roy | 5 | 11 | -54.5% | $100,500 | $130,000 | -22.7% |
| Arrowsmith | 1 | 0 | - | $86,000 | $0 | - |
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