What is the housing market like in Colony Woods today?
In October 2024, Colony Woods home prices were down 49.2% compared to last year, selling for a median price of $325K. On average, homes in Colony Woods sell after 12 days on the market compared to 43 days last year. There were 2 homes sold in October this year, up from 1 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$325,000
-49.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Colony Woods, NC
$325,000
-49.2%
United States
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All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.5%
-5.8 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Colony Woods housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Colony Woods.
Flood Factor - Minor
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Colony Woods has a minor risk of flooding. 52 properties in Colony Woods are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Colony Woods. Flood risk is increasing slower than the national average.
14% of properties are at risk of wildfire over the next 30 years
Fire Factor
Colony Woods has a moderate risk of wildfire. There are 62 properties in Colony Woods that have some risk of being affected by wildfire over the next 30 years. This represents 14% of all properties in Colony Woods.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Colony Woods has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Colony Woods is most at risk from hurricanes. 414 properties in Colony Woods have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 76 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 91 mph.