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Sarah Mitchell

CNESRESABR

Compass Real Estate · Iowa Colony, TX

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Iowa Colony, TX(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Iowa Colony, TX Housing Market & Real Estate

Buyer's market+5.2% YoY

Housing market overview · Updated monthly ·

$350,870median sale price

How is the Iowa Colony, TX housing market right now?

The median home sale price in Iowa Colony, TX is $350,870, up 5.2% year-over-year. Homes sell in an average of 86 days with 160 active listings. The market is currently a buyer'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 Iowa Colony a buyer's or seller's market?

Buyer's market4.8 months of supply86 avg. days on market

Iowa Colony, TX is currently a buyer's market, based on 4.8 months of supply and homes selling in about 86 days. How we determine this →

Homes sold

33

Last 12 weeks

Days on market

86

Average pace

Active listings

160

4.8 months supply

Sale-to-list

94.3%

Below asking

What does the Iowa Colony housing market data show?

Current housing market statistics for Iowa Colony, TX
MetricValue
Median sale price$350,870
Median list price$337,490
Year-over-year price change+5.2%
Average days on market86 days
Active inventory160 listings
Months of supply4.8 months
Sale-to-list price ratio94.3%
Median price per sq ft$166/sq ft
Homes sold (latest month)33
New listings (latest month)61
Listings with a price cut43.8%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Iowa Colony by property type?

How the Iowa Colony, TX market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Iowa Colony, TX
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$360,000$166/sq ft3091 days
Townhouse$235,000$132/sq ft370 days

Source: Redfin · Updated monthly

The Iowa Colony housing market is currently classified as a buyer's market with a median sale price of $350,870. Prices have risen 5.2% compared to last year, with homes spending an average of 86 days on market, indicating 4.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.7x provides context for how home values compare to local earning capacity.

Homes for sale in Iowa Colony

There are currently 160 homes listed for sale in Iowa Colony, Texas. The median listing price is $337K.

Active listings

160

Homes on market

Median list price

$337K

Avg. days on market

86

Days until sale

New this week

61

Newly listed

Price drops:43.8%of listings
Sale-to-list:94.3%

Who lives in Iowa Colony?

Population

11,028

Median income

$126,167/yr

Median age

34.5 years

Owner-occupied

97.9%

College grads

44.1%

Avg commute

37.8 min

Source: U.S. Census Bureau ACS

What are homes worth in Iowa Colony?

Zillow home value

$338,155

Zillow rent index

$2,493/mo

Price-to-rent ratio

11.3x

Price-to-income

2.7x

Source: Zillow Research

What is it like to live in Iowa Colony?

Iowa Colony is a community of approximately 11K residents with a median age of 34.5 years.The median household income is $126,167, which reflects a relatively affluent area with strong earning potential. 44.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 97.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 37.8 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Iowa Colony offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Iowa Colony?

2 schools tracked · 2,098 students

The largest public schools serving Iowa Colony, TX 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.

IOWA COLONY H S

Grades 9-11 · 1,312 students

Public

MERIDIANA EL

Grades PK-5 · 786 students

Public

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 Iowa Colony, TX?

Want a head-to-head view? Compare Iowa Colony side-by-side with any other U.S. city using our market-comparison tool.

Is Iowa Colony a good real estate investment market?

For investors evaluating Iowa Colony, the price-to-rent ratio of 11.3x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 5.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Iowa Colony's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Iowa Colony's median home price.

Frequently asked questions

What is the average home price in Iowa Colony?

The median home sale price in Iowa Colony is $350,870, up 5.2% from last year.

How long do homes stay on market in Iowa Colony?

Homes typically spend 86 days on market before going under contract.

What is the median income in Iowa Colony?

The median household income is $126,167 per year.

Is Iowa Colony a buyer's or seller's market?

With 4.8 months of supply, Iowa Colony is currently a buyer's market.

What is the Zillow home value estimate for Iowa Colony?

The Zillow Home Value Index (ZHVI) for Iowa Colony is $338,155, representing the typical home value in the area.

How much does a single-family home cost in Iowa Colony?

The median single-family home price in Iowa Colony, TX is $360,000 (about $166 per square foot).

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