The Colony, Texas.
Typical home $395,343 (-2.5% in a year), asking rent $1,822 (-0.8%). Dallas-Fort Worth-Arlington, TX metro.
to buy the typical home at today's mortgage rate — +$1,056 (+104%) since Jan 2020.
- 1 year
- Down $9,971 -2%
- $405,314$395,343 since Sep 2025
- 5 years
- Up $48,580 +14%
- $346,763$395,343 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- The Colony$2,075
- Texas$1,556
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 26 years.
Typical home values in The Colony, TX fell 2.5% over the past year — slower than the nation's +1.2%.
Asking rents in The Colony, TX fell 0.8% over the past year — slower than the nation's +2.7%.
Owning the typical home in The Colony runs $1,208/mo more than renting one. The gap peaked at $1,518 in Jan 2025.
That is $3,030 a month against $1,822 rent: a $2,075 mortgage payment, plus $532 property tax and $423 insurance & upkeep.
Owning vs renting — The Colony
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,030
- Renting$1,822
- Mortgage only$2,075
Property tax · $532/mo 1.61% of value a year — the ACS 2020-2024 median bill over the median home value for Denton County, TX
Insurance & upkeep · $423/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in The Colony, Denton County, Texas
The Colony is a city of 44,534 people in Denton County. Half its households earn more than $114,511 a year and half less, against $111,498 across Denton County; 7% of its people live below the poverty line. 60% of its homes are lived in by their owners and 40% are rented. Unemployment in The Colony was 4.3% in August 2026, and Denton County had 2.0% more jobs in 2025 than the year before. The most residents work in professional services, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. The Colony is a city in Denton County, and its residents are somewhat younger than the typical American. Incomes run a little above the county's, and fewer people live below the poverty line than in many places. A majority of homes are lived in by their owners, and a good share of adults hold a four-year degree. Winters are cool and mild by northern standards, summers are hot, and rain falls fairly steadily through the year.
Work. Residents work mostly in professional and business services, in schools, hospitals and social care, in banks, insurance and property, and in shops. Within the city, some of the largest workplaces are Nebraska Furniture Mart, Orthofix US and Walmart. Jobs across Denton County have grown a little over the past year, and a fair number of residents work from home, while the usual trip to work is a moderate one.
Things to do. Toyota Stadium, a stadium, is a short drive away, as is the Videogame History Museum. For a longer outing, AT&T Stadium and the Dallas Museum of Art are a longer drive away, and so is the Trinity River.
Report a mistake
- 18,591households
- 48%of adults have a degree
- 7%below the poverty line
- 27 mintypical commute
- 24%work from home
What residents work in
Employed residents by industry, from the Census survey. Denton County had 320,064 jobs in 2025, 2.0% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 56° and lows near 36°; warmest in August, with highs near 95° and lows near 74°. About 42 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Richardson weather station, 11 miles away (NOAA).
Largest workplaces in The Colony
- Nebraska Furniture MartHomefurnishings stores1,391
- Orthofix USBone plates and screws manufacturing810
- WalmartWarehouse clubs and supercenters305
- AikgAmusement arcades196
- Edward Don & Company - TexasWeb retailers175
- Anchor OperationExpress delivery services95
- Premier ParksWater parks, amusement91
- PopStroke The ColonyMiniature golf courses74
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 19 workplaces with 20 or more staff, 3,663 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesVery high
- HailRelatively high
- Ice stormsRelatively moderate
- Heat wavesRelatively moderate
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in The Colony’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Denton County and the Dallas-Fort Worth-Arlington, TX metro.
The Colony home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- The Colony$395,343
- Texas$296,424
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 The Colony listings, and the typical home goes pending in 38 days — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- The Colony37.50%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- The Colony38
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- The Colony188
New listings per month
Sellers arriving at the market.
- The Colony47
Median sale price
What buyers actually paid — closed sales, not asking prices.
- The Colony$426,642
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- The Colony97.87%
Zip codes with a The Colony address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls The Colony — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.