Home prices
The median home in Colonie is valued at $217,600. In comparison to other places in this area this is roughly $17,920 (8%) higher.It is is very similar compared to the rest of the country, and it is about $38,500 (21%) higher compared to the city of Albany.
Rents
In Colonie the median rent is $1,262 a month. This is about $227 (21%) higher in comparison to its surrounding areas.It is roughly $200 (18%) higher in comparison to the rest of the nation, and it is approximately $293 (30%) higher in comparison to the city of Albany.
Nearby places
Westmere
Westmere is roughly 2 miles southwest from Colonie. Its housing prices are somewhat more expensive. The median home value in Westmere is $232,800, which works out to $15,200 (6%) higher than Colonie. Rent there is similar. Westmere's median rent is $1,260 a month, which is very similar to Colonie.
Menands
Menands is about 4 miles east from Colonie. Its housing prices are a little more expensive. The value of the median home in Menands is $252,200, which works out to $34,600 (13%) higher than Colonie. The rent there is similar. Menands's median monthly rent is $1,211, which is $51 (4%) lower than Colonie.
Watervliet
Watervliet is roughly 5 miles east of Colonie. The housing prices there are substantially less expensive. Watervliet's median home value is $145,200, which is $72,400 (49%) lower than Colonie. Rent there is a lot less expensive. In Watervliet the median monthly rent is $884, which is $378 (42%) lower than Colonie.
Voorheesville
Voorheesville is approximately 6 miles southwest of Colonie. The housing prices there are a little more expensive. The median home in Voorheesville is valued at $233,400, which works out to $15,800 (6%) higher than Colonie. Rent there is somewhat less expensive. The median rent in Voorheesville is $994 per month, which comes out to $268 (26%) lower than Colonie.
Green Island
Green Island is about 6 miles east of Colonie. The housing prices there are substantially less expensive. The median home in Green Island costs $134,800, which comes out to $82,800 (61%) lower than Colonie. Rents there are significantly less expensive. Green Island's median monthly rent is $824, which works out to $438 (53%) lower than Colonie.
