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Sarah Mitchell

CNESRESABR

Compass Real Estate · Colonial Heights, TN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Colonial Heights, TN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Colonial Heights, TN Housing Market & Real Estate

Seller's market+3.0% YoY

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?

Seller's market3.3 months of supply37 avg. days on 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?

Current housing market statistics for Colonial Heights, TN
MetricValue
Median sale price$355,400
Median list price$379,950
Year-over-year price change+3.0%
Average days on market37 days
Active inventory10 listings
Months of supply3.3 months
Sale-to-list price ratio100.2%
Median price per sq ft$146/sq ft
Homes sold (latest month)3
New listings (latest month)4
Listings with a price cut60.0%
Market conditionSeller'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.

Median price, price per square foot, homes sold and days on market by property type in Colonial Heights, TN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$355,400$146/sq ft337 days
Condo / Co-op$380,500$113/sq ft17 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

Price drops:60.0%of listings
Sale-to-list:100.2%

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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