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Colfax is located in Richland, North Dakota, with an estimated municipal population of 152 residents. All of the best foreclosed homes for sale in Colfax are located in the following zip code areas on Foreclosure.com: 58018. The estimated population per square kilometer (.62 miles) in Colfax is 58.
So, about how much do homes cost in Colfax? The most recent median value of resident-owned homes in Colfax is 154,559. An estimated 100 percent of households in Colfax own their homes, with an average family size of 2.94. The median household income in Colfax is 97,083, with49.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Colfax, the median commute time of resident workers (in minutes) is 27.4.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Colfax, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Colfax is 36.8, split between 53.9 percent male versus 46.1 female. The percentage of residents who report being married in Colfax is 72.5, with an average family size of 2.94.
The percentage of residents who report their race in Colfax is as follows:
| White | 100% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Colfax? Or maybe you are searching for 55+ active adult communities in and/or near Colfax?
The percentage of residents who report their age in Colfax is as follows:
| Under 10 | 15.2% |
| Aged 10-19 | 12.9% |
| 20s | 5.1% |
| 30s | 20.2% |
| 40s | 10.1% |
| 50s | 6.7% |
| 60s | 15.2% |
| 70s | 13.4% |
| 80+ | 1.1% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Colfax with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Colfax.
How do you know that living in -- or moving to -- Colfax is right where you need to be? Perhaps you grew up in Colfax or already live nearby; therefore, the decision to buy a home in Colfax is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Colfax for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Colfax:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Colfax.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Colfax can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Colfax, meanwhile, can field multiple offers from more qualified buyers.
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