Is Colfax, IN 46035 a buyer’s or seller’s market?

The Colfax housing market right now

In the three months ending August 31, 2026, 50% of homes in Colfax, IN 46035 sold above their list price, the typical home went under contract in 40 days and there were 4.8 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. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (50% then), homes sold more slowly (5 days then) and the median sale price rose 15% to $227,402. Overall, Colfax is less competitive than a year ago, which gives buyers more room.

Within Clinton County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 67%.

Nearby, buyers who want less competition could look at Frankfort 46041 (10% sold over asking) or Rossville 46065 (14% sold over asking), while Forest 46039 (100% sold over asking) is even more competitive.