Colfax buyers are active despite higher mortgage rates
Realtor.com reported mortgage rates climbed above 7% for the first time since January 2025. That makes monthly payments heavier. Yet in Colfax, buyers kept moving.
The Real Estate Data Aggregator counted 21 pending sales in ZIP 27235 for the three months ending August 31, 2026. That is up 40% from the same months of 2025. Demand in Colfax did not stall when rates rose.
The Real Estate Data Aggregator found that 42.9% of Colfax homes went under contract within two weeks of listing. That share is up 16.2 points from a year before. Well-priced homes here are still finding buyers fast.
What the full Colfax picture looks like
The Real Estate Data Aggregator counted 27 homes sold in Colfax's ZIP 27235 for the three months ending August 31, 2026. That is up 107.7% from the same period in 2025. More homes changed hands even as rates rose.
The median sale price in Colfax reached $453,420, up 17.4% from a year before, per the Real Estate Data Aggregator. For context, the Federal Housing Finance Agency put U.S. home prices up just 2.4% over the same stretch. Colfax is outpacing the national trend by a wide margin.
Homes are taking longer, though. The Real Estate Data Aggregator put the median days on market at 81 days, which is 39 days longer than a year before. Buyers are being more careful. That is honest. Price your home well and it can still sell.
The Real Estate Data Aggregator showed 4 months of supply in Colfax, down 3.8 months from a year before. Nationally, Realtor.com counted active listings topping 1.16 million in September 2026. Colfax is tighter than that national picture.
The Real Estate Data Aggregator found that 33.3% of Colfax homes sold above list price, up 10.2 points from a year before. That is roughly 1 in 3 homes. Not every home drew a bidding contest, but the right ones did.
Realtor.com also reported that 20.8% of listings nationally took a price cut in September 2026, the highest share since October 2022. In Colfax, sellers are still getting 99.2% of list price on average, per the Real Estate Data Aggregator. Pricing carefully still matters here.
- Colfax buyers are active.
- Pending sales are up 40%, nearly half of homes go under contract within two weeks, and sellers are getting close to full price.
- Homes are taking longer than last year, so pricing well from the start is the move that matters most right now.
These are ZIP 27235 numbers for the three months ending August 31, 2026. One street in Colfax can read very differently from the ZIP as a whole.
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Text me- Real Estate Data Aggregator numbers for ZIP 27235, the three months ending August 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Oct 7, 2026.
- Federal Housing Finance Agency: FHFA House Price Index® Up 0.3 Percent in August; Up 2.4 Percent from Last Year | FHFA, Oct 27, 2026
- Redfin: U.S. Home-Sale Prices Just Fell for the First Time in 3 Years, Oct 29, 2026
- Realtor.com: September 2026 Monthly Housing Trends: Price Cuts Hit 4-Year Highs as Mortgage Rates Top 7%, Sep 30, 2026
- Realtor.com: September 2026 Rental Report: Median Asking Rent Declines at the Slowest Pace in 3 Years, Oct 15, 2026
- CNBC: Home prices fall and rents rise, both for the first time in three years, Oct 29, 2026