C
olville's population reached 5,071 in 2024, marking a 2.76% increase from the 2020 census. The local real estate market is currently experiencing a buyer's market, where supply outstrips demand and buyers hold the upper hand. This shift is attributed to higher interest rates, which have led to a decrease in home sales. According to Len Brandt, a local real estate broker, homeowners are hesitant to sell due to the current market conditions, resulting in fewer properties available for sale despite an abundance of listings.