The Colony, TX Housing Market: 517 Homes Sold (September 2025 to September 2026)
The edge goes to buyers: homes typically take 32 days and only 14.5% beat their asking price.
The Colony market at a glance
- Homes sold (12 months): 517
- Median sale price: $438,900 (about $2,497/month with 10% down at a 6.5% 30-year rate, principal & interest)
- Median price per square foot: $217
- Median days on market (list to contract): 32; 16.1% went under contract within a week
- Sold over asking: 14.5% · Sold under asking: 67.5%
- Typical home: 3 bed, 2,085 sqft, built 1999, mostly Lewisville ISD
- Price range of sales: $200,000 – $3,150,000
- On the market right now: 146 active listings, 28 under contract, 3.4 months of supply, median asking $499,950
- How buyers paid: Conventional 61.5%, FHA 13%, VA 6.2%, Cash 17.8%, Other 1.5%
- Seller contributions: 51.8% of sellers chipped in, typically $6,925
- Contract to close: about 29 days
- Median rent (same home types, 325 closed leases): $2,350/month. Owning the median home runs about $2,497/month principal & interest with 10% down
- HOA: 51.6% of sales had a mandatory HOA, typically $120/month
- New construction: 4.6% of sales, median $662,136 vs $429,000 resale
Five-year price history in The Colony
Median sale price by quarter: 2022 Q1: $417,950 · 2023 Q1: $470,000 · 2024 Q1: $425,000 · 2025 Q1: $445,000 · 2026 Q1: $402,500 · 2026 Q4: $425,000.
Median price by elementary school zone
- Prestwick: 97 sales, median $765,000, $266/sqft
- Ethridge: 94 sales, median $389,500, $208/sqft
- Morningside: 82 sales, median $431,500, $202/sqft
- Peters Colony: 66 sales, median $340,000, $199/sqft
- Camey: 63 sales, median $375,000, $203/sqft
- Prestwick K-8 Stem: 45 sales, median $745,000, $270/sqft
- Owen: 38 sales, median $339,500, $208/sqft
- Stewarts Creek: 18 sales, median $352,500, $211/sqft
Pricing right vs. cutting the price in The Colony
Sellers who held their original asking price sold in 14 days at 99% of ask. Sellers who overpriced and later cut took 71 days and kept 92.4% of the original ask, roughly $30,500 left on the table on a typical The Colony listing.
Most active The Colony neighborhoods
- Colony 29: 16 sales, median $357,500, 22 days on market
- Colony 20: 15 sales, median $312,500, 23 days on market
- Chelsea Green at The Tribute: 13 sales, median $602,876, 121 days on market
- The Tribute: 13 sales, median $1,302,235, 103 days on market
- Colony 23: 11 sales, median $270,000, 26 days on market
- Colony 27: 11 sales, median $330,000, 14 days on market
- Stewart Peninsula Cottonwood S: 11 sales, median $490,000, 34 days on market
- Colony 16: 10 sales, median $331,500, 17 days on market
- Colony 3: 10 sales, median $345,000, 61 days on market
- Garza Lake Estates: 10 sales, median $418,500, 25 days on market
Nearby markets
Frisco · Denton · Carrollton · Aubrey · Little Elm · Flower Mound · Lewisville · Justin
Common questions
Is now a good time to buy in The Colony? The edge goes to buyers: homes typically take 32 days and only 14.5% beat their asking price.
What does the typical The Colony home cost? $438,900, about $217 per square foot, or roughly $2,497/month with 10% down before taxes and insurance.
How fast do homes sell in The Colony? The typical home went under contract in 32 days; 16.1% sold within the first week.
Is it cheaper to rent or buy in The Colony? The median The Colony lease ran $2,350/month this year, while principal and interest on the median $438,900 home is roughly $2,497/month with 10% down, before taxes and insurance.
Source: NTREIS MLS closed sales, September 5 2025 to September 5 2026. Aggregate data only; Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Text Ryan · Call/text (972) 974-1821.