Colleyville, TX Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Colleyville, TX Housing Market Trends

With 27,091 people, 9,311 houses or apartments, and a median cost of homes of $620,630, Colleyville house prices are not only among the most expensive in Texas, Colleyville real estate also is some of the most expensive in all of America.

Colleyville is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Colleyville than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Colleyville. Owner-occupied housing accounts for 95.97% of Colleyville's homes, and 78.18% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Colleyville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Colleyville built between 2000 and later ( 23.86%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.64%). There's also some housing in Colleyville built before 1939 ( 1.14%).

Colleyville Home Appreciation Rates

In the last 10 years, Colleyville has experienced some of the highest home appreciation rates of any community in the nation. Colleyville real estate appreciated 65.13% over the last ten years, which is an average annual home appreciation rate of 5.14%, putting Colleyville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Colleyville 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, Colleyville appreciation rates have trailed the rest of the nation. In the last twelve months, Colleyville's appreciation rate has been 3.75%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Colleyville were at 1.41%, which equates to an annual appreciation rate of 5.75%.

Relative to Texas, our data show that Colleyville's latest annual appreciation rate is lower than 80% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$620,630

Colleyville, TX HOME PRICES

> $1,171,000
6.2%
6.2%
$879,001 - $1,171,000
7.1%
7.1%
$586,001 - $879,000
33.1%
33.1%
$469,001 - $586,000
21.7%
21.7%
$351,001 - $469,000
15.8%
15.8%
$234,001 - $351,000
11.7%
11.7%
$117,001 - $234,000
3.4%
3.4%
$59,001 - $117,000
0.5%
0.5%
$0 - $59,000
0.4%
0.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for TX

Value Relative To Nation

Number Of Homes And Apartments:
9,311

Colleyville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
109.12% 3.53%
5
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,630 / per month

Homeownership Rate

Owners
96.0%
96.0%
Renters
4.0%
4.0%
Vacant
1.8%
1.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
23.9%
23.9%
1970 - 1999
68.4%
68.4%
1940 - 1969
6.6%
6.6%
1939 or Older
1.1%
1.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
97.4%
97.4%
Townhomes
1.3%
1.3%
Small Apt. Buildings
0.4%
0.4%
Apt. Complexes
0.8%
0.8%
Mobile Homes
0.1%
0.1%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
0.5%
0.5%
2 Bedrooms
1.6%
1.6%
3 Bedrooms
29.0%
29.0%
4 Bedrooms
49.1%
49.1%
5 or more bedrooms
19.6%
19.6%
0.0% 100.0%
% OF HOMES