Housing Prices in The Colony, TX
How much do homes in The Colony, TX cost?
Median List Price
$499,999
$235/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in The Colony has increased by 3.1% since last year.
Summary: The median home list price in The Colony was $499,999 in May 2024, up 3.1% from the previous year, and the median price per square foot was $235.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $279.9K | $325K | +16.1% |
| 2 Bedrooms | $277K | $299.9K | +8.3% |
| 3 Bedrooms | $379.9K | $389.5K | +2.5% |
| 4 Bedrooms | $699.9K | $690.5K | -1.3% |
| 5+ Bedrooms | $899.9K | $908.7K | +1.0% |
Summary: The Colony housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.1%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 1%.
Median List Price Compared To Nearby Cities
| Lewisville | $430.4K | $450K | +4.5% |
| Frisco | $671.1K | $692.6K | +3.2% |
| The Colony | $485K | $499.9K | +3.1% |
| Hebron | $729K | $739K | +1.4% |
| Little Elm | $459.9K | $465K | +1.1% |
Housing Supply in The Colony, TX
How many homes are available in The Colony, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 203 | 239 | +17.7% |
Summary: The The Colony real estate market had 239 homes for sale in May 2024, a 17.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 101 | 110 | +8.9% |
| 4 Bedrooms | 67 | 89 | +32.8% |
| 5+ Bedrooms | 24 | 30 | +25.0% |
Summary: The The Colony housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 32.8%, and 5+ bedroom homes increased by 25%.
Days on Market for The Colony, TX
How long does it take to sell a home in The Colony, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 103 Days | 53 Days | -48.2% |
Summary: Homes in The Colony had an average listing age of 53 days in May 2024, down by 48.2% compared to the previous year.
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