Is The Colony, TX 75056 a buyer’s or seller’s market?

The The Colony housing market right now

In the three months ending August 31, 2026, 12% of homes in The Colony, TX 75056 sold above their list price, the typical home went under contract in 42 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 224 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 8%, homes sold about as fast and the median sale price fell 13% to $508,779. Overall, The Colony is more competitive than a year ago, so tougher for buyers.

Within Denton County, homes here sell faster than in 68% of the county’s ZIP codes, and sell more often over asking than in 52%. On our competition score, The Colony ranks #162 of 868 TX ZIP codes with enough sales (score 38 out of 100).

Nearby, buyers who want less competition could look at Ponder 76259 (2% sold over asking) or Denton 76208 (3% sold over asking), while Flower Mound 75022 (26% sold over asking) and Lewisville 75057 (23% sold over asking) are even more competitive.