The Colony, TX Housing Market — 505 Homes Sold (September 2025 – September 2026)
The edge goes to buyers: homes typically take 32 days and only 15.6% beat their asking price.
The Colony market at a glance
- Homes sold (12 months): 505
- Median sale price: $433,000 (about $2,463/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; 17.2% went under contract within a week
- Sold over asking: 15.6% · Sold under asking: 67.7%
- Typical home: 3 bed, 2,045 sqft, built 1999, mostly Lewisville ISD
- Price range of sales: $210,000 – $2,200,000
- On the market right now: 129 active listings, 56 under contract, 3.1 months of supply, median asking $529,900
- How buyers paid: Conventional 60.6%, FHA 13.7%, VA 6.5%, Cash 17.8%, Other 1.4%
- Seller contributions: 52.9% of sellers chipped in, typically $6,500
- Contract to close: about 29 days
- Median rent (same home types, 318 closed leases): $2,375/month — owning the median home runs about $2,463/month principal & interest with 10% down
- HOA: 51.5% of sales had a mandatory HOA, typically $120/month
- New construction: 5.5% of sales, median $662,136 vs $415,000 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: $398,000 · 2026 Q3: $445,000.
Median price by elementary school zone
- Ethridge: 87 sales, median $380,700, $209/sqft
- Prestwick: 85 sales, median $765,000, $269/sqft
- Morningside: 81 sales, median $435,000, $203/sqft
- Peters Colony: 70 sales, median $330,500, $200/sqft
- Camey: 65 sales, median $379,900, $207/sqft
- Prestwick K-8 Stem: 46 sales, median $785,500, $285/sqft
- Owen: 40 sales, median $340,000, $208/sqft
- Stewarts Creek: 19 sales, median $340,000, $213/sqft
Pricing right vs. cutting the price in The Colony
Sellers who held their original asking price sold in 13 days at 99.3% of ask. Sellers who overpriced and later cut took 77 days and kept 92.5% of the original ask — roughly $30,600 left on the table on a typical The Colony listing.
Most active The Colony neighborhoods
- Colony 20: 17 sales, median $312,500, 28 days on market
- Colony 29: 16 sales, median $357,500, 22 days on market
- The Tribute: 14 sales, median $1,353,500, 107 days on market
- Chelsea Green at The Tribute: 13 sales, median $630,259, 82 days on market
- Colony 25: 11 sales, median $230,000, 51 days on market
- Colony 27: 11 sales, median $330,000, 10 days on market
- Colony 16: 10 sales, median $331,500, 11 days on market
- Colony 21: 10 sales, median $315,000, 26 days on market
- Colony 23: 10 sales, median $266,250, 27 days on market
- Colony 3: 10 sales, median $347,500, 41 days on market
Nearby markets
Frisco · Denton · Carrollton · Little Elm · Aubrey · 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 15.6% beat their asking price.
What does the typical The Colony home cost? $433,000 — about $217 per square foot, or roughly $2,463/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; 17.2% sold within the first week.
Is it cheaper to rent or buy in The Colony? The median The Colony lease ran $2,375/month this year, while principal and interest on the median $433,000 home is roughly $2,463/month with 10% down, before taxes and insurance.
Source: NTREIS MLS closed sales, September 3 2025 – September 3 2026. Aggregate data only — Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Book a strategy call · Call/text (972) 974-1821.