Colony, AL Housing Market
$134,683
4.3% 1-yrThe average Colony, AL home value is $134,683, down 4.3% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Colony Key Takeaways
Typical Home Values: $134,683
1-Year Value Change: -4.3%
(Data through September 30, 2026)
Colony Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Colony
- NameMedian ZHVI
- Smoke Rise$287,500
- Echo Highlands$204,126
- Hooper City$71,890
- Bridlewood$135,757
- Killough Springs$139,617
- Fairmont$40,357
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Colony Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Colony, AL?
The median home value in Colony, AL is $134,683 as of September 2026. This represents a 0.9% decrease compared to last month and a 4.3% decrease year-over-year.
How have home values changed in Colony, AL?
Home values in Colony, AL have decreased by 0.9% month-over-month and 4.3% year-over-year.
How do home values in Colony, AL compare to Cullman County, Alabama, and the national average?
The median home value in Colony, AL ($134,683) compares to: Cullman County ($252,044), Alabama ($238,614), and the U.S. national median ($366,157).