Colonie, NY Real Estate

According to census data in the year 2000 there were 3,264 housing units in Colonie. This represents a 9.5% growth from 2,981 in 1990.

Of those housing units, 3,264 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Colonie is about 83.3%. Colonie's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 2.49 people.

The majority of houses, apartments or condos in Colonie were built after 1962.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.40%
Two Bedrooms23.40%
Three Bedrooms47.80%
Four Bedrooms22.10%
Five Bedrooms or more3.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.58
Median year structure was built1960
Median Value of occupied units$106,700
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size2.05
Median year structure was built1975
Median Monthly Rent asked for vacant units$125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.10%
Second Mortgage4.50%
Home Equity Loan11%
Simple Mortgage50.40%
Debt Free33%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%