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Featured local agent — Colo, IA
Sarah Mitchell
Compass Real Estate · Colo, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Colo, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$263,000median sale price
How is the Colo, IA housing market right now?
The median home sale price in Colo, IA is $263,000, up 22.3% year-over-year. Homes sell in an average of 4 days with 3 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Colo a buyer's or seller's market?
Colo, IA is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 4 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
4
Fast-moving
Active listings
3
1.5 months supply
Sale-to-list
100.3%
Above asking
What does the Colo housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $263,000 |
| Median list price | $210,000 |
| Year-over-year price change | +22.3% |
| Average days on market | 4 days |
| Active inventory | 3 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 100.3% |
| Median price per sq ft | $178/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 3 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Colo by property type?
How the Colo, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $263,000 | $178/sq ft | 2 | 4 days |
Source: Redfin · Updated monthly
The Colo housing market is currently classified as a strong seller's market with a median sale price of $263,000. Prices have risen 22.3% compared to last year, with homes spending an average of 4 days on market, indicating 1.5 months of inventory.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 3.7x provides context for how home values compare to local earning capacity.
Homes for sale in Colo
There are currently 3 homes listed for sale in Colo, Iowa. The median listing price is $210K.
Active listings
3
Homes on market
Median list price
$210K
Avg. days on market
4
Days until sale
New this week
3
Newly listed
Who lives in Colo?
Population
751
Median income
$73,125/yr
Median age
42.8 years
Owner-occupied
85.0%
College grads
19.3%
Avg commute
29.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Colo?
Zillow home value
$269,354
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Colo?
Colo is a community of approximately 1K residents with a median age of 42.8 years.The median household income is $73,125, which represents a working-class community with solid middle-income opportunities. 19.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 85.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Colo offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Colo?
1 schools tracked · 219 students
The largest public schools serving Colo, IA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Colo-NESCO Middle/High School
Grades 5-12 · 219 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Colo, IA?
Want a head-to-head view? Compare Colo side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Colo?
The median home sale price in Colo is $263,000, up 22.3% from last year.
How long do homes stay on market in Colo?
Homes typically spend 4 days on market before going under contract.
What is the median income in Colo?
The median household income is $73,125 per year.
Is Colo a buyer's or seller's market?
With 1.5 months of supply, Colo is currently a strong seller's market.
What is the Zillow home value estimate for Colo?
The Zillow Home Value Index (ZHVI) for Colo is $269,354, representing the typical home value in the area.
How much does a single-family home cost in Colo?
The median single-family home price in Colo, IA is $263,000 (about $178 per square foot).
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