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Featured local agent — Iowa Colony, TX
Sarah Mitchell
Compass Real Estate · Iowa Colony, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Iowa Colony, TX Housing Market & Real Estate
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?
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?
| Metric | Value |
|---|---|
| Median sale price | $350,870 |
| Median list price | $337,490 |
| Year-over-year price change | +5.2% |
| Average days on market | 86 days |
| Active inventory | 160 listings |
| Months of supply | 4.8 months |
| Sale-to-list price ratio | 94.3% |
| Median price per sq ft | $166/sq ft |
| Homes sold (latest month) | 33 |
| New listings (latest month) | 61 |
| Listings with a price cut | 43.8% |
| Market condition | Buyer'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.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $360,000 | $166/sq ft | 30 | 91 days |
| Townhouse | $235,000 | $132/sq ft | 3 | 70 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
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
MERIDIANA EL
Grades PK-5 · 786 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 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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