The median home in Colfax, Indiana is valued at $214,921, up 3.9% year over year. Colfax is part of the Frankfort, IN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Frankfort, IN stress score, crash risk, and 12-month forecast →

Home Value$214,921

+3.9%

AFFORDABILITY

Enter your income for Colfax.

Income (annual)

Down Payment

$42,984 on $214,921

Affordable — 22% of income

Under the 28% guideline.

PITI$1,372

P/I22%

Afford$274K

Room+$59K

P&I $1,087Tax $152Ins $133

6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Indiana

Compare Colfax with other housing markets across Indiana.

Dune Acres$889K Clear Lake$747K Long Beach$720K Zionsville$661K Carmel$548K Michiana Shores$540K Ogden Dunes$467K Westfield$460K

Full Frankfort, IN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Frankfort, IN metro.

View Frankfort, IN metro →

COLFAX, IN