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Featured local agent — Colonie, NY
Sarah Mitchell
Compass Real Estate · Colonie, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Colonie, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$255,000median sale price
How is the Colonie, NY housing market right now?
The median home sale price in Colonie, NY is $255,000, down 22.1% year-over-year. Homes sell in an average of 6 days with 2 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 Colonie a buyer's or seller's market?
Colonie, NY is currently a strong seller's market, based on 2.0 months of supply and homes selling in about 6 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
6
Fast-moving
Active listings
2
2.0 months supply
Sale-to-list
110.9%
Above asking
What does the Colonie housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $255,000 |
| Median list price | $329,500 |
| Year-over-year price change | -22.1% |
| Average days on market | 6 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 110.9% |
| Median price per sq ft | $336/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 4 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Colonie by property type?
How the Colonie, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $255,000 | $336/sq ft | 1 | 6 days |
| Townhouse | $275,000 | $263/sq ft | 1 | 7 days |
Source: Redfin · Updated monthly
The Colonie housing market is currently classified as a strong seller's market with a median sale price of $255,000. Prices have fallen 22.1% compared to last year, with homes spending an average of 6 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Colonie
There are currently 2 homes listed for sale in Colonie, New York. The median listing price is $330K.
Active listings
2
Homes on market
Median list price
$330K
Avg. days on market
6
Days until sale
New this week
4
Newly listed
Who lives in Colonie?
Population
7,705
Median income
$100,396/yr
Median age
45.4 years
Owner-occupied
79.4%
College grads
35.4%
Avg commute
19.4 min
Source: U.S. Census Bureau ACS
What is it like to live in Colonie?
Colonie is a community of approximately 8K residents with a median age of 45.4 years.The median household income is $100,396, which reflects a relatively affluent area with strong earning potential. 35.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 79.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Colonie offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Colonie, NY?
Want a head-to-head view? Compare Colonie side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Colonie?
The median home sale price in Colonie is $255,000, down 22.1% from last year.
How long do homes stay on market in Colonie?
Homes typically spend 6 days on market before going under contract.
What is the median income in Colonie?
The median household income is $100,396 per year.
Is Colonie a buyer's or seller's market?
With 2.0 months of supply, Colonie is currently a strong seller's market.
How much does a single-family home cost in Colonie?
The median single-family home price in Colonie, NY is $255,000 (about $336 per square foot).
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