Home prices
The median home in The Colony is valued at $231,700. Compared to its surrounding areas it is roughly $64,080 (21%) lower.It is approximately $14,200 (6%) higher compared to the rest of the nation, and in comparison to the city of Dallas it is about $43,600 (23%) higher.
Rents
In The Colony the median monthly rent is $1,399. This is about $37 (2%) lower compared to nearby areas.In comparison to the rest of the country it is roughly $337 (31%) higher, and compared to the city of Dallas it is approximately $347 (32%) higher.
Nearby places
Hebron
Hebron is The Colony's neighbor to the south. Its real estate prices are significantly more expensive. The median home in Hebron is valued at $445,300, which is $213,600 (47%) higher than The Colony. Rents there are a bit more expensive. In Hebron the median monthly rent is $1,694, which works out to $295 (17%) higher than The Colony.
Lewisville
Lewisville is The Colony's neighbor to the southwest. The housing prices there are a little less expensive. Lewisville's median home price is $209,000, which is $22,700 (10%) lower than The Colony. The rent there is a little less expensive. The median rent in Lewisville is $1,210 a month, which works out to $189 (15%) lower than The Colony.
Frisco
Frisco is The Colony's neighbor to the northeast. The real estate prices there are substantially more expensive. The median home value in Frisco is $395,900, which is $164,200 (41%) higher than The Colony. Its rents are a little more expensive. Frisco's median rent is $1,505 a month, which works out to $106 (7%) higher than The Colony.
Hackberry
Hackberry is roughly 4 miles north of The Colony. Real estate prices there are a bit more expensive. The median home in Hackberry is valued at $262,600, which comes out to $30,900 (11%) higher than The Colony. Its rents are a bit more expensive. In Hackberry the median rent is $1,638 per month, which works out to $239 (14%) higher than The Colony.
Lake Dallas
Lake Dallas is roughly 6 miles west of The Colony. Real estate prices there are significantly less expensive. The median home cost in Lake Dallas is $166,100, which comes out to $65,600 (39%) lower than The Colony. Rents there are a bit less expensive. The median rent in Lake Dallas is $1,133 per month, which comes out to $266 (23%) lower than The Colony.
