Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$228,275+1.1% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 20% have cut their price
Income needed to buy, per year$49,485About 0.7× the local median income ($74,226): affordable for a typical household
Days on market85 daysFaster than a year ago: sellers have the edge
The typical home in Colfax County, NE is worth $228,275, up 1.1% from a year ago. That is well above what local incomes have historically supported: fair value is about $175,253, so the area is 30.3% overvalued. It is a balanced market, leaning toward buyers: homes take about 85 days to sell, listings are up 21% from a year ago, 20% of listings have had a price cut. A household needs about $49,485 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $74,226. In the latest IRS figures, 109 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$228,275
Change in 1 year
+1.1%
Overvalued %
+30.3%
Show 6 more
Fair home value
$175,253
Change in 5 years
+43.7%
Home value to income
3.1×
Monthly mortgage payment (20% down)
$1,237
Income needed to afford it
$49,485
Property tax rate
1.18%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,247
Market activity
Listings vs a year ago
+21.4%
Days on market
85
Listings with a price cut
20.0%
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Homes for sale
17
Pending sales per 100 listings
35
Asking price per sq ft
$175
People and jobs
Median household income
$74,226
Population change (1 year)
+0.2%
Unemployment rate
1.3%
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Population
10,934
Income adjusted for cost of living
$86,009
Net moves in (IRS)
−109
Cost of living (US = 100)
86.3
Schools, risk and environment
School rating (1 to 10)
4.5
FEMA hazard risk score (0 to 100)
28.6
Flood risk score
31.8
Show 3 more
Wildfire risk score
57.1
Walkability (1 to 20)
7.9
Road, rail and air noise
54 dB
Questions people ask
Is Colfax County, NE overvalued?
Home prices in Colfax County, NE are well above what local incomes have historically supported: fair value is about $175,253, so the area is 30.3% overvalued.
Is Colfax County, NE a buyer's or seller's market?
Colfax County, NE is a balanced market, leaning toward buyers: homes take about 85 days to sell, listings are up 21% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Colfax County, NE?
Home values in Colfax County, NE are up 1.1% over the last year.
How much do you need to earn to buy a home in Colfax County, NE?
A household needs about $49,485 a year to afford the typical home in Colfax County, NE at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $74,226.