Is Colfax, NC 27235 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Colfax is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score47/ 100

More competitive than 48% of U.S. ZIP codes, and #76 of 424 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list99.2%Sold price ÷ list price
Median days on market81Listing to accepted offer
Median price per sq ft$172▼ −9.7% vs. last year

The Colfax housing market right now

In the three months ending August 31, 2026, 33% of homes in Colfax, NC 27235 sold above their list price, the typical home went under contract in 81 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 28 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 23%, homes sold more slowly (42 days then) and the median sale price rose 17% to $453,224. Overall, Colfax is about as competitive as it was a year ago.

Within Guilford County, homes here sell more slowly, and more often over asking, than in any other ZIP code in the county. On our competition score, Colfax ranks #76 of 424 NC ZIP codes with enough sales (score 47 out of 100).

Nearby, buyers who want less competition could look at Julian 27283 (0% sold over asking) or Gibsonville 27249 (6% sold over asking).

Nearby markets

Browns Summit 27214Buyer’s market $184 /sq ftGibsonville 27249Seller’s market $173 /sq ftGreensboro 27401Balanced $177 /sq ftGreensboro 27403Seller’s market $186 /sq ft Browse all markets →

Where Colfax is

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Questions about Colfax real estate

Is Colfax a buyer’s or seller’s market?

A balanced market: there were 4 months of supply in Colfax, NC 27235 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Colfax?

The typical home went under contract in 81 days in the latest three months.

Do homes in Colfax sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.

What are property taxes in Colfax?

About 0.84% of a home’s value a year in Guilford County, or roughly $3,360 on a $400,000 home.

What is the median home price in Colfax?

The median sale price was $453,224 in the three months ending August 31, 2026, about $172 per square foot.

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