Is Colfax, WA 99111 a buyer’s or seller’s market?

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

Colfax is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score59/ 100

More competitive than 61% of U.S. ZIP codes, and #157 of 296 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 July 31, 2026. See the breakdown

Months of supply4.3Under 4 months = seller’s market
Sold above original list8.3%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market51Listing to accepted offer
Median price per sq ft$184▲ +7.9% vs. last year

The Colfax housing market right now

In the three months ending August 31, 2026, 8% of homes in Colfax, WA 99111 sold above their list price, the typical home went under contract in 51 days and there were 4.3 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 12 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 12%, homes sold faster (73 days then) and the median sale price fell 29% to $259,638. Overall, Colfax is more competitive than a year ago, so tougher for buyers.

Within Whitman County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 56%.

Nearby, buyers who want less competition could look at Saint John 99171 (0% sold over asking) or Garfield 99130 (0% sold over asking), while Oakesdale 99158 (50% sold over asking) and Lacrosse 99143 (25% sold over asking) are even more competitive.

Nearby markets

Albion 99102 — /sq ftColton 99113Buyer’s market $170 /sq ftEndicott 99125Buyer’s market $87 /sq ftFarmington 99128 — /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 4.3 months of supply in Colfax, WA 99111 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 51 days in the latest three months.

Do homes in Colfax sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Colfax?

About 0.75% of a home’s value a year in Whitman County, or roughly $3,000 on a $400,000 home.

What is the median home price in Colfax?

The median sale price was $259,638 in the three months ending August 31, 2026, about $184 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