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Colonie

Colonie

Located in Albany County

$416,917 Average Value
$283 Average Price per Sq Ft
17 Homes For Sale

Residential charm meets commercial convenience in Colonie

Colonie is a former farming community that transformed into a suburb of Albany, 9 miles southeast. Often called the “Crossroads of the Capital District,” the town is known for its proximity to major interstates and the Albany International Airport. “It’s a great location for commuters who have to drive or travel a lot,” says Sarah Trojanski, a licensed real estate salesperson with Sterling Real Estate Group, who has sold in the area for more than five years. “It’s a close-knit community, and a lot of people were friends before moving here.” Colonie provides a quiet, suburban atmosphere with many parks and quick access to the Mohawk and Hudson rivers. Additionally, locals are within a 3-mile radius of the rich commercial development on Wolf Road and Central Avenue.

Suburbs have modest cottages and spacious modern homes

Buyers will find single-family ranch-style homes and Cape Cods, as well as larger Colonial Revivals and New Traditional houses. The residential areas resemble traditional suburban neighborhoods. Many families have roadside basketball hoops, most homes have driveways, and pedestrians and cyclists often populate the wide streets. Properties typically sell between $200,000 and $400,000. Larger homes may surpass $500,000, and small cottages needing renovations can sell in the $100,000 range. “One of the draws is you can get a nicer house for less than you’d pay in places farther north,” Trojanski says.

High ratings for Colonie public schools

The South Colonie Central School District gets a B-plus from Niche. Most children begin at Forest Park Elementary, which earns an A-minus. Sand Creek Middle and Colonie Central High get B-plus ratings. High school students can choose from over 20 sports programs, and the community often comes together for Friday night football games.

A wide range of outdoor activities across numerous facilities

The town has many sports complexes, pocket parks with playgrounds and pastoral parks with extensive nature trails. With the Mohawk and Hudson rivers flowing nearby, fishing and paddleboating are easily accessible, as well. The Mohawk-Hudson Bike-Hike Trail follows the curve of the Mohawk River and cuts through Colonie. The Mohawk River Park and Pool is a main gathering space in the summer, known for its swimming pools with lap lanes, a diving well and a splash pad. The park also has tennis and pickleball courts, athletic fields, and hiking and cross-country skiing trails. Cook Park is another popular spot, featuring an amphitheater, athletic fields and a designated area for dogs. The Town of Colonie Golf Course is open to the public.

Malls, grocery stores and restaurants off Central Avenue

Colonie has no traditional downtown district — the busy thoroughfares of Central Avenue and Wolf Road house most of the commercial development. The community has a Target, Hannaford and other specialty grocers such as Whole Foods and Trader Joe’s. Retail is available at Colonie Center, a three-level indoor mall with stores like Macy’s and Sephora. Dining options include independently owned spots and widely recognized chains. Barnsider offers a fine-dining experience, serving steak and seafood. Colonie Diner has a retro atmosphere and a menu full of American classics. It’s open from 7 a.m. to 2 p.m. daily. The town also has a Delmonico’s Italian Steakhouse, which has been a New York favorite since its first location opened in Syracuse in 1998.

Markets, live shows and holiday parades

The Crossings Park of Colonie hosts many of the town’s annual and seasonal events. From May through September, 40 vendors congregate here for a farmers market. The Harvest Fest, held each September, marks the arrival of autumn with vendors, pony rides and performances by local dancers and musicians. The Crossings Park and Cook Park both have a summer concert series in outdoor venues. During the holidays, Santa tours the town’s residential streets on a festive float and meets with families.

Major highways and transit options connect to Albany

Interstate 87 runs through Colonie and intersects with Interstate 90 nearby. New York State Route 5 cuts through the center and leads to downtown Albany, 9 miles southeast. Residents head 8 miles into the city to reach the Albany Medical Center. The Capital District Transportation Authority offers bus services throughout the area, and the Albany International Airport is within 5 miles of most homes.

Grace Pitney
Written By
Grace Pitney
Brandon Schulman
Photography Contributed By
Brandon Schulman

Interested in learning more about homes in this area? Reach out to Melissa Barone, an experienced agent in this area.

Agents Specializing in this Area

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Parks in this Area

Colonie Housing Trends

Housing Trends

Median List Price
$459,500
Median Sale Price
$466,662
Median Single Family Sale Price
$359,900
Median Townhouse Sale Price
$499,400
Median 2 Bedroom Sale Price
$446,351
Median Change From 1st List Price
-4%
Last 12 months Home Sales
42
Median Home Sale Price YoY Change
2%
Average Price Per Sq Ft
$283

Area Facts

Number of Homes
757
Number of Homes for Sale
17
Median Year Built
1951
Months of Supply
4.90
Average Single Family Home Size Sq Ft
1,806
Below the national average
1,928
Average Townhouse Size Sq Ft
1,830
Average 2 Bedroom Size Sq Ft
1,251
Median Lot Size Sq Ft
10,890

Open Houses

  • Sunday, Nov 9
    Open Sun 12:30PM - 2:30PM

    19 Elmhurst Ave, Colonie, NY 12205

    $359,900

    • 3 Beds
    • 2 Baths
    • 1,510 Sq Ft
    • 19 Elmhurst Ave
    • New 3 days ago

    This beautifully maintained brick Cape Cod blends timeless charm with thoughtful updates in a prime location. Interior painted, the home welcomes you with gleaming hardwood floors, a spacious living room featuring a fireplace and custom built-ins, and a bright, functional kitchen. Offering the flexibility of first-floor living, this home includes a first-floor bedroom, perfect for convenience and

    Basia Hinton Howard Hanna Capital Inc

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
41''
Average Winter Low Temperature
16°F
Average Summer High Temperature
84°F
Annual Snowfall
42''

Area Factors

Somewhat Bikeable

Bike Score®®

45 / 100

Somewhat Walkable

Walk Score®®

64 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Colonie
Melissa Barone
Romeo Team Realty
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