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Housing in The Colony

519 homes sold in The Colony in the last year, at a typical $443K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where The Colony homes are listed.

Homes sold
519
October 2025 to September 2026
Typical sale price
$443K
median, weighted by sales
Price per square foot
$217
Texas $172
Paid vs. asking
97.8%
13% sold over asking
For sale now
138
September 2026 · 45 sold that month
What sold · last 12 months

Houses are 92% of The Colony’s sales, at a typical $439K (year to May 2026)

519 homes sold in the year to September 2026.

Houses$439K

typical sale · 467 sold in the year to May 2026

Per square foot
$220TX $173
Days to sell
54
Sold over asking
14%
Listings with a price cut
36%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $270K
Townhouses: 41 sold, typical $533K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at 1.8 times the 2016 price

519 sales in the last year, against 754 in 2018 and a low of 517 in 2024. The typical sale went from $241K in 2016 to $443K.

Homes soldTypical sale price
0200400600800$225K$350K$475K$600K2012: 570 sold, typical $144K’122013: 688 sold, typical $151K2014: 654 sold, typical $169K’142015: 615 sold, typical $200K2016: 659 sold, typical $241K’162017: 729 sold, typical $253K2018: 754 sold, typical $280K’182019: 683 sold, typical $281K2020: 749 sold, typical $303K’202021: 732 sold, typical $349K2022: 658 sold, typical $433K’222023: 564 sold, typical $480K2024: 517 sold, typical $446K’242025: 537 sold, typical $452KLast 12 months: 519 sold, typical $443KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $450K buys in The Colony

Houseat $220 a sq ft, year to May 2026
The same money in Texasat $173 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what The Colony homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in The Colony are rarer than before the pandemic, with about as many homes for sale

We read every month of The Colony’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 519 sales.

If you’re buying in The Colony

  • Shop in June. It brings about 91 new listings a month, close to the busiest month, with fewer bidding wars (40% over asking).
  • Offer under asking. Buyers paid 97.8% of the list price on average; 13% paid over.
  • You’ll usually have time. Only 25% of homes go under contract within two weeks; the typical one takes 51 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 91 a month), but May is the most competitive: 46% of May sales close over asking. December has the least competition (25%) but only about 35 new listings.

New listings a monthShare sold over asking
023.847.571.39520%40%60%Sweet spotJan: 51 new listings a month, 26% sold over asking, 41 days to sellJFeb: 55 new listings a month, 32% sold over asking, 34 days to sellFMar: 69 new listings a month, 34% sold over asking, 27 days to sellMApr: 75 new listings a month, 43% sold over asking, 22 days to sellAMay: 86 new listings a month, 46% sold over asking, 23 days to sellMJun: 91 new listings a month, 40% sold over asking, 24 days to sellJJul: 82 new listings a month, 41% sold over asking, 26 days to sellJAug: 69 new listings a month, 34% sold over asking, 30 days to sellASep: 64 new listings a month, 31% sold over asking, 36 days to sellSOct: 55 new listings a month, 27% sold over asking, 39 days to sellONov: 46 new listings a month, 28% sold over asking, 38 days to sellNDec: 35 new listings a month, 25% sold over asking, 43 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Texas as a whole

The Colony now2017–192021 peakTX now
Sold over askingShare of sales that closed above the list price13%25%64%11%
Gone within two weeksShare of homes under contract within 14 days25%41%69%20%
Price paid vs. askingAverage sale price ÷ list price97.8%98.4%102.9%96.9%
Days to sellMedian days from listing to contract51351874
Supply

149 homes for sale on a typical day

That’s 2.3 times the 2021 low (64) and about the 2017–19 level.

2012: 152 for sale’122013: 102 for sale2014: 76 for sale2015: 83 for sale’152016: 92 for sale2017: 126 for sale2018: 162 for sale’182019: 162 for sale2020: 104 for sale2021: 64 for sale’212022: 108 for sale2023: 93 for sale2024: 145 for sale’242025: 172 for saleLast 12 months: 149 for saleNow
Across Texas

The Colony ranks 142nd of 389 busy Texas markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. The Colony is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical The Colony home costs about $2,941 a month

Mortgage
Property tax
Insurance
Rent

Price: The Colony’s typical sale, last 12 months. Property tax at The Colony’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether The Colony is affordable on local pay is on Cost of living.

Before you buy in The Colony

Six things worth knowing

91

New listings in June

The month with the most choice. December has the fewest, about 35.

Best time to buy
1.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $443K home, about $7,560 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for The Colony, from test results, graduation and how much students grow.

Schools in The Colony
27 min

Typical commute

The average one-way trip to work for people who live in The Colony.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Little Elm and Oak Point sell for less a square foot

The busier markets within 25 miles of The Colony, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Frisco2,281$672K$23210%58
Carrollton1,207$417K$21520%42
Lewisville923$396K$21118%43
Little Elm777$409K$1789%79
The Colony519$443K$21713%51
Oak Point161$504K$1936%114
Lakewood Village73$659K$2215%138

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to The Colony, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to The Colony. People who follow the town see it, and so do people comparing The Colony with their own town. No commission, no listing fee.

Questions about buying a home in The Colony

What do homes sell for in The Colony, TX?

519 homes sold in the year to September 2026 at a typical $443K, $217 a square foot.

Is The Colony a buyer’s or seller’s market?

A seller’s market: 138 homes were for sale in September 2026 and 45 sold, about 3.1 months of supply. Buyers paid 97.8% of asking on average.

When is the best time to buy in The Colony?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in The Colony?

About 1.7% of a home’s value a year. On a $443K home that’s near $7,560.

Where can I see homes for sale in The Colony?

Zillow, Redfin, Realtor.com and Homes.com all carry The Colony’s MLS listings; the search links above open each one filtered to The Colony.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).