Area data
The colony, TX — ZIP 75056
Population: 69,628 (Census ACS)
The median home value in ZIP 75056 (The colony, TX) is $488,737 — down 3.3% over the past year. Homes sell for a median $490,000 after a median 129 days on market. Typical rent runs $1,812/month. 12 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with hail, icestorm, tornado the top-rated hazards. Cost of living is 3.5% below the US average (BEA, metro/state-level).
$488,737
Median home value
-3.3%
1-year change
129
Median days on market
Relatively High
Hazard risk (county)
Home values & appreciation
- Median home value
- $488,737
- 1-year appreciation
- -3.3%
- 3-year appreciation
- -3.8%
- 5-year appreciation
- +19.5%
- 10-year appreciation
- +68.5%
- All-time peak (2024-12)
- $524,287
- House Price Index (state)
- 440.1 (-0.8% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $490,000
- Median list price
- $455,500
- Median price per sqft
- $216
- 1-year sale-price change
- -18.2%
- Median days on market
- 129 days
- Homes sold (recent period)
- 15
- For-sale inventory
- 297
- Sale-to-list ratio
- 97.2%
- Active listings
- 29
- 1-year forecast
- -0.8%
- Days to pending
- 43 days
- New listings (monthly)
- 96
Source: recent area sales and market data (ZIP-level)
Rents
- Typical rent
- $1,812/mo
- 1-year rent change
- -1.1%
- Studio fair-market rent
- $1,820/mo
- 1BR fair-market rent
- $1,890/mo
- 2BR fair-market rent
- $2,220/mo
- 3BR fair-market rent
- $2,800/mo
- 4BR fair-market rent
- $3,550/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (Average)
- 96.5 (100 = US avg)
- Electricity rate (state-level)
- 15.5¢/kWh
- Natural gas rate (state-level)
- $19.40/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 12
- Elementary schools
- 8
- Middle schools
- 3
- High schools
- 1
- School districts serving the area
- LEWISVILLE ISD, LITTLE ELM ISD
- Schools include
- CAMEY EL, MORNINGSIDE EL, PETERS COLONY EL, GRIFFIN MIDDLE, THE COLONY H S
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively High
- Top hazards (county)
- hail, iceStorm, tornado, coldWave, heatWave
- Notable hazard ratings (county)
- coldWave: Relatively High · drought: Relatively Low · earthquake: Relatively Low · hail: Very High · heatWave: Relatively High · iceStorm: Very High
- FEMA flood zone
- X
- Flood risk level
- Minimal
- Wildfire risk to homes (county)
- Higher than 73% of US counties
- Buildings in wildfire direct-exposure zone
- 24.0%
- Radon potential (county)
- Low radon potential — EPA Zone 3 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
- Nearest Superfund site
- RSR Corp. (20.4 mi)
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Annual precipitation
- 41.1 in
- USDA plant hardiness zone
- 8b (extreme annual low 15 to 20°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 49
- Days with Good air quality
- 200
- Days with Moderate air quality
- 133
- Days with Unhealthy air quality
- 5
- Highest AQI recorded (year)
- 177
Source: EPA air quality data (nearest monitoring station, annual)
Walkability & transit
- Walkability index
- 10.8 / 20
- Transit service frequency
- -99,999
- Jobs reachable by car (30 min)
- 294,210
- Jobs reachable by transit (45 min)
- 232,901
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- Airports within 30 mi
- 69
- Nearest airport
- Air Park Dallas Airport (6 mi)
- Nearest major airport
- Dallas Fort Worth International Airport (DFW) (14 mi)
- Hospitals nearby (~15 mi)
- 41
- Hospitals include
- PARKLAND HEALTH & HOSPITAL SYSTEM, CHILDRENS MEDICAL CTR OF DALLAS, MEDICAL CITY NORTH HILLS
- Avg hospital rating (CMS)
- 3.5 / 5
- Best hospital rating nearby (CMS)
- 5.0 / 5
- Solar radiation rating
- Good (4.7 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- +8,234 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 2,006
- Housing built before 1970
- 2.0%
- Housing built 2000 or later
- 65.8%
- Median annual property tax
- $7,530
- Mean commute to work
- 20 min
- Households with broadband internet
- 88.1%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 263,238
- Average weekly wage
- $1,231
- Top industries (by employment)
- Accommodation & Food, Health Care, Professional Services
- Annual residential building permits (county)
- 5,219
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| ZIP 75056 | State median | US median | |
|---|---|---|---|
| Median home value | $488,737 | $260,151 | $289,727 |
| Median sale price | $490,000 | $285,000 | $325,000 |
| Median days on market | 129 days | 71 days | 51 days |
| Typical rent | $1,812/mo | $1,580/mo | $1,808/mo |
| Median annual property tax | $7,530 | $2,390 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in ZIP 75056?
- $488,737.
- What is the median sale price in ZIP 75056?
- $490,000.
- How long do homes take to sell in ZIP 75056?
- Median days on market: 129 days.
- What is typical rent in ZIP 75056?
- Typical rent: $1,812/month.
- What is the natural-hazard risk in ZIP 75056?
- Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: hail, iceStorm, tornado, coldWave, heatWave.
- Is ZIP 75056 in a flood zone?
- Minimal (FEMA NFIP). FEMA flood zone X.
- What is the wildfire risk in ZIP 75056?
- Risk to homes is higher than 73% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in ZIP 75056?
- Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 75056?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve ZIP 75056?
- 12 schools (8 elementary, 3 middle, 1 high) (NCES, 2022-23).
- Is ZIP 75056 walkable?
- Walkability index: 10.8/20 (EPA Smart Location Database).
- What is the air quality in ZIP 75056?
- Good. Median AQI: 49. (EPA AQI).
- What is the cost of living in ZIP 75056?
- Regional Price Parity: 96.5 (100 = US average) (Average) (BEA RPP, metro/state-level).
Nearby ZIP codes
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →