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Featured local agent — The Colony, TX
Sarah Mitchell
Compass Real Estate · The Colony, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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The Colony, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$482,500median sale price
How is the The Colony, TX housing market right now?
The median home sale price in The Colony, TX is $482,500, up 13.8% year-over-year. Homes sell in an average of 36 days with 155 active listings. The market is currently a balanced 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 The Colony a buyer's or seller's market?
The Colony, TX is currently a balanced market, based on 3.5 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
44
Last 12 weeks
Days on market
36
Average pace
Active listings
155
3.5 months supply
Sale-to-list
98.4%
Below asking
What does the The Colony housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $482,500 |
| Median list price | $497,500 |
| Year-over-year price change | +13.8% |
| Average days on market | 36 days |
| Active inventory | 155 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 98.4% |
| Median price per sq ft | $225/sq ft |
| Homes sold (latest month) | 44 |
| New listings (latest month) | 74 |
| Listings with a price cut | 45.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in The Colony by property type?
How the The 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 | $482,500 | $227/sq ft | 40 | 39 days |
| Townhouse | $464,450 | $213/sq ft | 4 | 32 days |
Source: Redfin · Updated monthly
The The Colony housing market is currently classified as a balanced market with a median sale price of $482,500. Prices have risen 13.8% compared to last year, with homes spending an average of 36 days on market, indicating 3.5 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 The Colony
There are currently 155 homes listed for sale in The Colony, Texas. The median listing price is $497K.
Active listings
155
Homes on market
Median list price
$497K
Avg. days on market
36
Days until sale
New this week
74
Newly listed
Who lives in The Colony?
Population
44,916
Median income
$111,090/yr
Median age
37.4 years
Owner-occupied
61.8%
College grads
47.7%
Avg commute
27 min
Source: U.S. Census Bureau ACS
What are homes worth in The Colony?
Zillow home value
$406,211
Zillow rent index
$1,891/mo
Price-to-rent ratio
17.9x
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in The Colony?
The Colony is a community of approximately 45K residents with a median age of 37.4 years.The median household income is $111,090, which reflects a relatively affluent area with strong earning potential. 47.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 61.8%, showing a blend of owner and renter-occupied properties. The average commute time is 27 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, The Colony offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve The Colony?
9 schools tracked · 5,442 students
The largest public schools serving The 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.
THE COLONY H S
Grades 9-12 · 1,877 students
GRIFFIN MIDDLE
Grades 6-8 · 720 students
PETERS COLONY EL
Grades PK-5 · 560 students
PRESTWICK EL
Grades PK-5 · 469 students
CAMEY EL
Grades PK-5 · 441 students
LAKEVIEW MIDDLE
Grades 6-8 · 419 students
MORNINGSIDE EL
Grades PK-5 · 349 students
ETHRIDGE EL
Grades K-5 · 342 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 The Colony, TX?
Want a head-to-head view? Compare The Colony side-by-side with any other U.S. city using our market-comparison tool.
Is The Colony a good real estate investment market?
For investors evaluating The Colony, the price-to-rent ratio of 17.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 13.8% 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 The Colony's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using The Colony's median home price.
Frequently asked questions
What is the average home price in The Colony?
The median home sale price in The Colony is $482,500, up 13.8% from last year.
How long do homes stay on market in The Colony?
Homes typically spend 36 days on market before going under contract.
What is the median income in The Colony?
The median household income is $111,090 per year.
Is The Colony a buyer's or seller's market?
With 3.5 months of supply, The Colony is currently a balanced market.
What is the Zillow home value estimate for The Colony?
The Zillow Home Value Index (ZHVI) for The Colony is $406,211, representing the typical home value in the area.
How much does a single-family home cost in The Colony?
The median single-family home price in The Colony, TX is $482,500 (about $227 per square foot).
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