Colony Homes
Closed-sale statistics for Colony Homes, with the property-tax reality attached — computed 2025-09-01 to 2026-09-01, not scraped from listings.
- Median sale price
- $205,000
- Median days on market
- 14
- List-to-sale ratio
- 99.7%
9 closed sales, 2025-09-01 to 2026-09-01
What taxes actually become here
Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $205,000, in Hazel Park City School District at 62.22 homestead mills, the year-two bill is approximately $6,378 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.
How Colony Homes compares in Hazel Park
Of the 14 Hazel Park subdivisions and condo projects we publish statistics for, Colony Homes's $205,000 median ranks 1 of 14 — 20% above the tracked-Hazel Park median of $171,000.
| Project | Median sale | Sales | Year-2 tax |
|---|---|---|---|
| Colony Homes | $205,000 | 9 | $6,378 |
| Hitchmans Woodland Park | $197,000 | 8 | $6,129 |
| Colony Homes 1 | $191,750 | 7 | $5,966 |
| Nine Oakland | $185,000 | 8 | $5,756 |
| Stephenson Super Highway Hazel Park | $185,000 | 7 | $5,756 |
Year-2 tax is the estimated post-uncapping homestead bill at each project's median price. Ranked by median closed price, 2025-09-01 to 2026-09-01.
This is the median. Your number depends on the address.
Median statistics cannot price a specific house. For one address we can compute the year-two tax bill, the escrow impact, eligibility for down-payment programs, and — if you own here — what a sale would actually net after transfer tax and payoff.
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Common questions
What is the median home price in Colony Homes?
The median closed sale price in Colony Homes (Hazel Park) is $205,000, from 9 sales 2025-09-01 to 2026-09-01.
What will property taxes be after buying in Colony Homes?
At the median price, taxable value uncaps to roughly $102,500 and the year-two bill in Hazel Park City School District is approximately $6,378 at homestead rates.
How does Colony Homes compare with other Hazel Park subdivisions?
Its $205,000 median ranks 1 of 14 Hazel Park projects we track — 20% above the tracked-city median of $171,000.
More context: Hazel Park property tax rates · school district breakdowns · all calculators