THE COLONY HOUSING MARKET INFORMATION With a population of 45,471, 18,014 total housing units (homes and apartments), and a median house value of $419,227, The Colony real estate is some of the most expensive in Texas, although The Colony home values aren't among America's most expensive. Single-family detached homes are the single most common housing type in The Colony, accounting for 68.85% of the city's housing units. Other types of housing that are prevalent in The Colony include large apartment complexes or high rise apartments ( 22.68%), row houses and other attached homes ( 4.62%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.55%). The most prevalent building size and type in The Colony are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.79% owning and 38.21% renting. The Colony homes and real estate are some of the newest in America. 50.55% of The Colony's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the The Colony real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 45.64%), and between 1940-1969 ( 3.65%). THE COLONY HOME APPRECIATION RATES In the last 10 years, The Colony has experienced some of the highest home appreciation rates of any community in the nation. The Colony real estate appreciated 145.59% over the last ten years, which is an average annual home appreciation rate of 9.40%, putting The Colony in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, The Colony definitely has a track record of being one of the best long term real estate investments in America through the last ten years. Over the last year, The Colony appreciation rates have trailed the rest of the nation. In the last twelve months, The Colony's appreciation rate has been 2.62%, which is lower than appreciation rates in most communities in America. In the latest quarter, 蘑菇视频's data show that house appreciation rates in The Colony were at 0.39%, which equates to an annual appreciation rate of 1.58%. Relative to Texas, our data show that The Colony's latest annual appreciation rate is lower than 60% of the other cities and towns in Texas. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within The Colony differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in The Colony - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best The Colony real estate investment or home purchase decisions.