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Featured local agent — Colby, WI
Sarah Mitchell
Compass Real Estate · Colby, WI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Colby, WI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$230,250median sale price
How is the Colby, WI housing market right now?
The median home sale price in Colby, WI is $230,250, up 1.9% year-over-year. Homes sell in an average of 61 days with 6 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 Colby a buyer's or seller's market?
Colby, WI is currently a balanced market, based on 3.0 months of supply and homes selling in about 61 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
61
Average pace
Active listings
6
3.0 months supply
Sale-to-list
97.9%
Below asking
What does the Colby housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $230,250 |
| Median list price | $174,999 |
| Year-over-year price change | +1.9% |
| Average days on market | 61 days |
| Active inventory | 6 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 97.9% |
| Median price per sq ft | $105/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 3 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Colby by property type?
How the Colby, WI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $230,250 | $105/sq ft | 2 | 61 days |
Source: Redfin · Updated monthly
The Colby housing market is currently classified as a balanced market with a median sale price of $230,250. Prices have risen 1.9% compared to last year, with homes spending an average of 61 days on market, indicating 3.0 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 4.2x provides context for how home values compare to local earning capacity.
Homes for sale in Colby
There are currently 6 homes listed for sale in Colby, Wisconsin. The median listing price is $175K.
Active listings
6
Homes on market
Median list price
$175K
Avg. days on market
61
Days until sale
New this week
3
Newly listed
Who lives in Colby?
Population
2,118
Median income
$52,574/yr
Median age
38.2 years
Owner-occupied
56.9%
College grads
15.7%
Avg commute
19.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Colby?
Zillow home value
$220,480
Price-to-income
4.2x
Source: Zillow Research
What is it like to live in Colby?
Colby is a community of approximately 2K residents with a median age of 38.2 years.The median household income is $52,574, which represents a working-class community with solid middle-income opportunities. 15.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 56.9%, showing a blend of owner and renter-occupied properties. The average commute time is 19.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Colby offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Colby?
4 schools tracked · 910 students
The largest public schools serving Colby, WI 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.
Colby Elementary
Grades K-5 · 343 students
Colby High
Grades 9-12 · 299 students
Colby Middle
Grades 6-8 · 223 students
Little Stars Pre-School
Grades PK · 45 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 Colby, WI?
Want a head-to-head view? Compare Colby side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Colby?
The median home sale price in Colby is $230,250, up 1.9% from last year.
How long do homes stay on market in Colby?
Homes typically spend 61 days on market before going under contract.
What is the median income in Colby?
The median household income is $52,574 per year.
Is Colby a buyer's or seller's market?
With 3.0 months of supply, Colby is currently a balanced market.
What is the Zillow home value estimate for Colby?
The Zillow Home Value Index (ZHVI) for Colby is $220,480, representing the typical home value in the area.
How much does a single-family home cost in Colby?
The median single-family home price in Colby, WI is $230,250 (about $105 per square foot).
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