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Featured local agent — Colony, AL
Sarah Mitchell
Compass Real Estate · Colony, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Colony, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$209,999median sale price
How is the Colony, AL housing market right now?
The median home sale price in Colony, AL is $209,999. Homes sell in an average of 243 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of October 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Colony a buyer's or seller's market?
Colony, AL is currently a leaning buyer's and homes selling in about 243 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
243
Average pace
Active listings
—
Sale-to-list
100.0%
Above asking
What does the Colony housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $209,999 |
| Average days on market | 243 days |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $117/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Colony by property type?
How the Colony, AL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $209,999 | $117/sq ft | 1 | 243 days |
Source: Redfin · Updated monthly
The Colony housing market is currently classified as a leaning buyer's with a median sale price of $209,999. Prices have fallen 0.0% compared to last year, with homes spending an average of 243 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.5x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Colony
Explore homes currently listed for sale in Colony, Alabama across major real estate platforms.
Who lives in Colony?
Population
261
Median income
$43,750/yr
Median age
42.2 years
Owner-occupied
80.0%
College grads
6.7%
Avg commute
20.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Colony?
Zillow home value
$151,457
Price-to-income
3.5x
Source: Zillow Research
What is it like to live in Colony?
Colony is a community of approximately 0K residents with a median age of 42.2 years.The median household income is $43,750, which represents a working-class community with solid middle-income opportunities. 6.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Colony offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Colony, AL?
Want a head-to-head view? Compare Colony side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Colony?
The median home sale price in Colony is $209,999, down 0.0% from last year.
How long do homes stay on market in Colony?
Homes typically spend 243 days on market before going under contract.
What is the median income in Colony?
The median household income is $43,750 per year.
What is the Zillow home value estimate for Colony?
The Zillow Home Value Index (ZHVI) for Colony is $151,457, representing the typical home value in the area.
How much does a single-family home cost in Colony?
The median single-family home price in Colony, AL is $209,999 (about $117 per square foot).
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