Colfax
Solid value in a growing area
3 homes for sale·Median $258K·Schools 3.0/10
Flat land meets water here—the shoreline of Lake Michigan forms the western edge, while the Manistee National Forest spreads across the landscape just a couple miles inland. What you see is a mix of open acreage, river frontage along the Pere Marquette and its South Branch, and quiet roads that don't apologize for going nowhere in particular. School Section Lake sits nearby too, ringed by properties that know what waterfront means. The horizon is all trees, sky, and the kind of emptiness that turns out to be full of something if you're paying attention.
Why people love it here
$63K median household income
- $258K median · 3 sales in last 12mo
Mortgage Calculator
Median home price in Colfax
Estimated Monthly Payment
$1,752/mo
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. This is not a commitment to lend or an offer of credit. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Lender. NMLS Consumer Access
3 homes sold in Colfax this year. Thinking of selling?
See what your home is worthBased on 1 rated school nearby
School District: Walkerville Public Schools
Most of Colfax is policed by the Oceana County Sheriff's Office. Across that jurisdiction in 2024, the most common reported offenses were larceny / theft (470 per 100,000 residents) and aggravated assault (180 per 100,000 residents), per FBI Uniform Crime Reporting.
For perspective, homicide — the most serious crime — was reported at about 0.005% of the population, roughly 1 in 20,000 residents.
| Offense type | Per 100k residents |
|---|---|
| Larceny / theft | 470 |
| Aggravated assault | 180 |
| Burglary | 119 |
| Motor-vehicle theft | 76 |
| Rape | 71 |
| Robbery | 9 |
| Homicide | 5 |
| Arson | 0 |
Reported offenses per 100,000 residents, Oceana County Sheriff's Office, FBI Uniform Crime Reporting (2024). Figures cover the Oceana County Sheriff's Office's full jurisdiction (the county's unincorporated areas), not Colfax alone. Crime is reported at the jurisdiction level and varies block to block within any community.
To buy a median-priced Colfax home (around $258,000) at today's 6.43% 30-year fixed rate with 20% down, you'd need roughly $40k/year in household income to qualify — an estimated monthly payment of $1,511 (principal, interest, property tax, and insurance).
The typical Colfax household earns $62,917 — above what the median home requires. At that income, a buyer can afford roughly $416,000 with 20% down.
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,511/mo | $40,306 |
| 10% (+PMI) | $1,770/mo | $47,203 |
| 5% (+PMI) | $1,856/mo | $49,505 |
Estimates use a 6.43% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price and median property taxes, plus estimated insurance and PMI below 20% down. Not an APR or a commitment to lend — your actual rate and payment will vary.
Land for sale
Listings
4 parcels
Active / pending
Typical Land Value
$12K/acre
Median asking
Median Price
$90K
Per listing
Local Government
Colfax Township
unconfirmed
Association and local-government details are compiled from public records, municipal sites, and state registries, and can change. Confirm directly with the association or municipality before relying on them.
Private well
Rural township; individual wells
Septic - individual
No municipal sewer; individual septic
Resident-arranged private hauler; Oceana County transfer/recycling
No municipal collection; county transfer/recycling available
Service splits by location — other areas may be served by Consumers Energy. Confirm by address.
Confirm by addressNo piped natural gas (propane/LP)
Rural; typically propane
Confirm by addressArea fire department (via Mason-Oceana 911)
Rural fire coverage dispatched through county
Source: oceana.mi.us
Utility, solar, and service details for Colfax are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.
Median Income
$63K
Home Value (Census)
$122K
Flood Risk
None
Not in flood zone
Nearest Park
Colfax Township Park
0.6 mi
Parks Nearby
4
within 1 mile
Frequently asked about Colfax
- What do homes cost in Colfax?
- The median home value in Colfax is about $258,000. Individual prices vary by street, size, and condition.
- How active is the Colfax housing market?
- there are 3 homes for sale in Colfax right now, and 3 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Colfax?
- Colfax is served by Walkerville Public Schools. Its highest-rated assigned school is Walkerville Public School (3/10).
Top contributors in Colfax
Detailed statistics are being computed for this location. Demographics, home values, schools, flood risk, and more will appear here automatically.