Home prices
The price of the median home in Colony is $63,000. This is approximately $64,600 (50%) lower in comparison to other places in this area.Compared to the entire nation it is roughly $154,500 (71%) lower, and in comparison to the city of Birmingham it is roughly $28,100 (30%) lower.
Rents
The median monthly rent in Colony is $606. This is about $164 (21%) lower compared to the surrounding areas.Compared to the entire nation it is approximately $456 (42%) lower, and it is approximately $231 (27%) lower compared to the city of Birmingham.
Nearby places
Smoke Rise
Smoke Rise is roughly 6 miles southeast of Colony. Housing prices there are a lot more expensive. Smoke Rise's median home value is $159,200, which comes out to $96,200 (60%) higher than Colony. Its rents are a bit more expensive. The median rent in Smoke Rise is $867 per month, which works out to $261 (30%) higher than Colony.
Hayden
Hayden is about 7 miles southeast from Colony. Its housing prices are a lot more expensive. The median home in Hayden costs $155,100, which comes out to $92,100 (59%) higher than Colony. Rents there are significantly more expensive. Hayden's median rent is $911 per month, which comes out to $305 (33%) higher than Colony.
Dodge City
Dodge City is roughly 7 miles north from Colony. The real estate prices there are a lot more expensive. The median home value in Dodge City is $129,500, which works out to $66,500 (51%) higher than Colony. The rent there is a bit more expensive. Dodge City's median monthly rent is $769, which comes out to $163 (21%) higher than Colony.
Garden City
Garden City is approximately 9 miles northeast from Colony. Housing prices there are somewhat more expensive. The value of the median home in Garden City is $85,300, which is $22,300 (26%) higher than Colony. Rent there is a little more expensive. In Garden City the median rent is $805 a month, which is $199 (24%) higher than Colony.
Warrior
Warrior is approximately 10 miles southeast from Colony. The housing prices there are substantially more expensive. The median home in Warrior costs $108,900, which is $45,900 (42%) higher than Colony. Rents there are a bit less expensive. In Warrior the median rent is $500 per month, which is $106 (21%) lower than Colony.