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Featured local agent — Colonial Heights, TN
Sarah Mitchell
Compass Real Estate · Colonial Heights, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Colonial Heights, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$355,400median sale price
How is the Colonial Heights, TN housing market right now?
The median home sale price in Colonial Heights, TN is $355,400, up 3.0% year-over-year. Homes sell in an average of 37 days with 10 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Colonial Heights a buyer's or seller's market?
Colonial Heights, TN is currently a seller's market, based on 3.3 months of supply and homes selling in about 37 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
37
Average pace
Active listings
10
3.3 months supply
Sale-to-list
100.2%
Above asking
What does the Colonial Heights housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $355,400 |
| Median list price | $379,950 |
| Year-over-year price change | +3.0% |
| Average days on market | 37 days |
| Active inventory | 10 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 100.2% |
| Median price per sq ft | $146/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 4 |
| Listings with a price cut | 60.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Colonial Heights by property type?
How the Colonial Heights, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $355,400 | $146/sq ft | 3 | 37 days |
| Condo / Co-op | $380,500 | $113/sq ft | 1 | 7 days |
Source: Redfin · Updated monthly
The Colonial Heights housing market is currently classified as a seller's market with a median sale price of $355,400. Prices have risen 3.0% compared to last year, with homes spending an average of 37 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Colonial Heights
There are currently 10 homes listed for sale in Colonial Heights, Tennessee. The median listing price is $380K.
Active listings
10
Homes on market
Median list price
$380K
Avg. days on market
37
Days until sale
New this week
4
Newly listed
Who lives in Colonial Heights?
Population
2,783
Median income
$76,440/yr
Median age
51.8 years
Owner-occupied
87.6%
College grads
27.9%
Avg commute
19.1 min
Source: U.S. Census Bureau ACS
What is it like to live in Colonial Heights?
Colonial Heights is a community of approximately 3K residents with a median age of 51.8 years.The median household income is $76,440, which reflects a relatively affluent area with strong earning potential. 27.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 87.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Colonial Heights offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Colonial Heights, TN?
Want a head-to-head view? Compare Colonial Heights side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Colonial Heights?
The median home sale price in Colonial Heights is $355,400, up 3.0% from last year.
How long do homes stay on market in Colonial Heights?
Homes typically spend 37 days on market before going under contract.
What is the median income in Colonial Heights?
The median household income is $76,440 per year.
Is Colonial Heights a buyer's or seller's market?
With 3.3 months of supply, Colonial Heights is currently a seller's market.
What is the median condo price in Colonial Heights?
The median condo/co-op sale price in Colonial Heights, TN is $380,500, compared to $355,400 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Colonial Heights?
The median single-family home price in Colonial Heights, TN is $355,400 (about $146 per square foot).
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