What is the median home value in Colfax Township, MN?
The median value of owner-occupied homes in Colfax Township, MN is $358,100 (±$43,799), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Colfax Township, the median home value went from $271,600 in 2015–2019 to $358,100 in 2020–2024 (+31.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $358,100 (±$43,799)
- Owner-occupied homes
- 208 (±34)
- Most common range
- $300,000 to $499,999
Home values in Colfax Township
| Value | Colfax Township | Kandiyohi County | Minnesota | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.0% (±10.2 points) | 3.8% | 4.0% | 5.3% |
| $50,000 to $99,999 | 1.0% (±1.3 points) | 5.2% | 3.7% | 6.1% |
| $100,000 to $149,999 | 1.0% (±1.3 points) | 12.1% | 5.2% | 6.8% |
| $150,000 to $199,999 | 10.1% (±5.3 points) | 16.0% | 8.1% | 9.0% |
| $200,000 to $299,999 | 26.0% (±9.2 points) | 25.7% | 22.6% | 17.8% |
| $300,000 to $499,999 | 34.1% (±8.0 points) | 25.3% | 36.9% | 26.9% |
| $500,000 to $999,999 | 26.0% (±9.5 points) | 9.9% | 17.0% | 20.9% |
| $1,000,000 or more | 1.9% (±1.7 points) | 2.1% | 2.6% | 7.1% |
The most common range is $300,000 to $499,999, 34.1% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Colfax Township against Kandiyohi County, its state and the nation
| Colfax Township | Kandiyohi County | Minnesota | United States | |
|---|---|---|---|---|
| Median home value | $358,100 (±$43,799) | $243,200 (±$7,920) | $329,300 (±$903) | $332,700 |
| Owner-occupied homes | 208 (±34) | 12,764 (±407) | 1,666,687 (±7,556) | 84,210,142 |
In Colfax Township, the median home value is higher than in Kandiyohi County ($243,200).
It is not measurably different from Minnesota ($329,300).
It is not measurably different from the national figure ($332,700).
In Kandiyohi County, Colfax Township ranks 6 of 36 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 470 of 2,558.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Colfax Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $271,600 (±$33,235) | $358,100 (±$43,799) | +31.8% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,602 (±$255) | $2,090 (±$252) | +30.5% | No measurable change after inflation |
| Median real estate taxes | $1,931 (±$198) | $2,738 (±$291) | +41.8% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Colfax Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Colfax Township | — | $358,100 (±$43,799) | — |
| Norway Lake Township | 5.1 mi | $294,600 (±$43,639) | Lower |
| Crow Lake Township | 5.3 mi | $284,400 (±$38,902) | Lower |
| Lake Andrew Township | 6.4 mi | $493,100 (±$50,666) | Higher |
| Burbank Township | 6.7 mi | $360,000 (±$41,266) | Not measurably different |
| Belgrade | 6.8 mi | $163,400 (±$11,280) | Lower |
| Lake Johanna Township | 7.8 mi | $250,000 (±$44,687) | Lower |
| New London | 7.9 mi | $218,800 (±$17,474) | Lower |
| Sunburg | 8.1 mi | $92,500 (±$31,326) | Lower |
Nearby places with a measurably lower figure: Norway Lake Township, MN ($294,600), Crow Lake Township, MN ($284,400), Belgrade, MN ($163,400).
Nearby places with a measurably higher figure: Lake Andrew Township, MN ($493,100).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Kandiyohi County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Lake Andrew Township | $493,100 (±$50,666) |
| 2 | Green Lake Township | $421,600 (±$37,800) |
| 3 | Irving Township | $408,600 (±$34,857) |
| 4 | Dovre Township | $382,200 (±$35,226) |
| 5 | Burbank Township | $360,000 (±$41,266) |
| 6 | Colfax Township | $358,100 (±$43,799) |
| 7 | New London Township | $351,400 (±$40,791) |
| 8 | Harrison Township | $343,900 (±$31,278) |
| 9 | Roseville Township (Kandiyohi County) | $332,300 (±$45,949) |
| 10 | Willmar Township | $329,300 (±$36,997) |
| 11 | Fahlun Township | $313,200 (±$61,158) |
| 12 | Kandiyohi Township | $308,800 (±$42,766) |
Showing 12 of 36 places in Kandiyohi County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Colfax Township
What is the average home value in Colfax Township, MN?
The Census Bureau publishes the median: $358,100 (±$43,799) for owner-occupied homes in Colfax Township (2020–2024 American Community Survey).
Have home values in Colfax Township gone up?
In Colfax Township, the median home value went from $271,600 in 2015–2019 to $358,100 in 2020–2024 (+31.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Colfax Township sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Colfax township, Kandiyohi County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Colfax township, Kandiyohi County, Minnesota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Colfax township, Kandiyohi County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Colfax township, Kandiyohi County, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Colfax township, Kandiyohi County, Minnesota (county subdivision:12538, in state:27 county:067).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Colfax Township at a glance
- Income and affordability in Colfax Township
- Homeowner costs in Colfax Township
- Property taxes in Colfax Township
- Types of homes in Colfax Township
- Bedrooms in Colfax Township
- Age of homes in Colfax Township
- Heating fuel in Colfax Township
- Commute and cars in Colfax Township
- Minnesota landlord and tenant rules
- Housing across Kandiyohi County
- Minnesota places ranked by median home value
- Housing data for every place in Minnesota