What is the median home value in Colony Park, PA?

The median value of owner-occupied homes in Colony Park, PA is $358,300 (±$45,392), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Colony Park, the median home value went from $268,200 in 2015–2019 to $358,300 in 2020–2024 (+33.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$358,300 (±$45,392)
Owner-occupied homes
489 (±107)
Most common range
$300,000 to $499,999

Home values in Colony Park

Owner-occupied homes by value, 2020–2024
ValueColony ParkBerks CountyPennsylvaniaUnited States
Less than $50,0000.0% (±6.4 points)4.3%5.5%5.3%
$50,000 to $99,9990.0% (±6.4 points)5.3%8.4%6.1%
$100,000 to $149,9990.0% (±6.4 points)8.2%9.6%6.8%
$150,000 to $199,9991.8% (±3.2 points)14.5%12.8%9.0%
$200,000 to $299,99931.7% (±13.8 points)28.3%22.9%17.8%
$300,000 to $499,99955.0% (±14.4 points)30.7%25.9%26.9%
$500,000 to $999,99911.5% (±9.7 points)7.7%12.8%20.9%
$1,000,000 or more0.0% (±6.4 points)1.0%2.1%7.1%

The most common range is $300,000 to $499,999, 55.0% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Colony Park against Berks County, its state and the nation

Estimate (90% margin of error)
Colony ParkBerks CountyPennsylvaniaUnited States
Median home value$358,300 (±$45,392)$257,300 (±$3,633)$254,500 (±$767)$332,700
Owner-occupied homes489 (±107)116,334 (±1,443)3,656,971 (±15,249)84,210,142

In Colony Park, the median home value is higher than in Berks County ($257,300).

It is also higher than in Pennsylvania ($254,500).

It is not measurably different from the national figure ($332,700).

In Berks County, Colony Park ranks 1 of 26 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 89 of 383.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Colony Park have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$268,200 (±$12,485)$358,300 (±$45,392)+33.6%No measurable change after inflation
Median owner cost with a mortgage$2,145 (±$241)$2,045 (±$364)−4.7%Down after inflation
Median real estate taxes$5,383 (±$563)$5,319 (±$1,108)−1.2%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Colony Park

Nearest places with a published estimate, compared with Colony Park
PlaceDistanceMedian home valueCompared with this place
Colony Park—$358,300 (±$45,392)—
Wyomissing1.2 mi$339,900 (±$23,254)Not measurably different
West Lawn1.6 mi$192,600 (±$9,827)Lower
Whitfield1.7 mi$311,700 (±$22,067)Not measurably different
Springmont2.0 mi$254,900 (±$28,719)Lower
West Wyomissing2.0 mi$208,200 (±$22,927)Lower
West Reading2.0 mi$173,100 (±$13,667)Lower
Lincoln Park2.4 mi$257,900 (±$16,716)Lower
Sinking Spring2.8 mi$283,200 (±$11,024)Lower

Nearby places with a measurably lower figure: West Lawn, PA ($192,600), Springmont, PA ($254,900), West Wyomissing, PA ($208,200).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Berks County, place by place

RankPlaceMedian home value
1Colony Park$358,300 (±$45,392)
2Amity Gardens$335,400 (±$25,427)
3Jacksonwald$328,700 (±$18,711)
4Muhlenberg Park$322,300 (±$31,067)
5Reiffton$318,500 (±$14,997)
6Whitfield$311,700 (±$22,067)
7Oley$309,300 (±$52,306)

Showing 7 of 26 places in Berks County, ranked from highest to lowest.

Colony Park is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Spring Township (Berks County), whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Colony Park

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Colony Park beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Colony Park, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Colony Park, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Colony Park

What is the average home value in Colony Park, PA?

The Census Bureau publishes the median: $358,300 (±$45,392) for owner-occupied homes in Colony Park (2020–2024 American Community Survey).

Have home values in Colony Park gone up?

In Colony Park, the median home value went from $268,200 in 2015–2019 to $358,300 in 2020–2024 (+33.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Colony Park sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Colony Park CDP, Pennsylvania (place:15368, in state:42).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related