Brokers — List your Company Here
Featured local agent — Colonial Heights, VA
Sarah Mitchell
Compass Real Estate · Colonial Heights, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Colonial Heights, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$285,000median sale price
How is the Colonial Heights, VA housing market right now?
The median home sale price in Colonial Heights, VA is $285,000, down 6.6% year-over-year. Homes sell in an average of 21 days with 30 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, VA is currently a seller's market, based on 1.0 months of supply and homes selling in about 21 days. How we determine this →
Homes sold
31
Last 12 weeks
Days on market
21
Average pace
Active listings
30
1.0 months supply
Sale-to-list
99.6%
Below asking
What does the Colonial Heights housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $285,000 |
| Median list price | $312,000 |
| Year-over-year price change | -6.6% |
| Average days on market | 21 days |
| Active inventory | 30 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 99.6% |
| Median price per sq ft | $207/sq ft |
| Homes sold (latest month) | 31 |
| New listings (latest month) | 26 |
| Listings with a price cut | 46.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Colonial Heights by property type?
How the Colonial Heights, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $289,900 | $207/sq ft | 29 | 21 days |
| Condo / Co-op | $380,000 | $234/sq ft | 2 | 19 days |
| Townhouse | $270,000 | $228/sq ft | 1 | 2 days |
Source: Redfin · Updated monthly
The Colonial Heights housing market is currently classified as a seller's market with a median sale price of $285,000. Prices have fallen 6.6% compared to last year, with homes spending an average of 21 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in Colonial Heights
There are currently 30 homes listed for sale in Colonial Heights, Virginia. The median listing price is $312K.
Active listings
30
Homes on market
Median list price
$312K
Avg. days on market
21
Days until sale
New this week
26
Newly listed
Who lives in Colonial Heights?
Population
18,210
Median income
$76,250/yr
Median age
38.5 years
Owner-occupied
68.1%
College grads
29.5%
Avg commute
23.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Colonial Heights?
Zillow home value
$301,894
Zillow rent index
$1,690/mo
Price-to-rent ratio
14.9x
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Colonial Heights?
Colonial Heights is a community of approximately 18K residents with a median age of 38.5 years.The median household income is $76,250, which reflects a relatively affluent area with strong earning potential. 29.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.8 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 public schools serve Colonial Heights?
7 schools tracked · 3,521 students
The largest public schools serving Colonial Heights, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Colonial Heights High
Grades 9-12 · 857 students
Tussing Elementary
Grades PK-5 · 649 students
Colonial Heights Middle
Grades 6-8 · 648 students
Marguerite F. Christian Elementary
Grades PK-5 · 590 students
Lakeview Elementary
Grades PK-5 · 439 students
North Elementary
Grades PK-5 · 338 students
Colonial Heights Technical Center
Grade range n/a
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Colonial Heights, VA?
Want a head-to-head view? Compare Colonial Heights side-by-side with any other U.S. city using our market-comparison tool.
Is Colonial Heights a good real estate investment market?
For investors evaluating Colonial Heights, the price-to-rent ratio of 14.9x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 6.6% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Colonial Heights's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Colonial Heights's median home price.
Frequently asked questions
What is the average home price in Colonial Heights?
The median home sale price in Colonial Heights is $285,000, down 6.6% from last year.
How long do homes stay on market in Colonial Heights?
Homes typically spend 21 days on market before going under contract.
What is the median income in Colonial Heights?
The median household income is $76,250 per year.
Is Colonial Heights a buyer's or seller's market?
With 1.0 months of supply, Colonial Heights is currently a seller's market.
What is the Zillow home value estimate for Colonial Heights?
The Zillow Home Value Index (ZHVI) for Colonial Heights is $301,894, representing the typical home value in the area.
What is the median condo price in Colonial Heights?
The median condo/co-op sale price in Colonial Heights, VA is $380,000, compared to $289,900 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, VA is $289,900 (about $207 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Colonial Heights, VA
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Colonial Heights market alerts
Weekly updates on prices, inventory, and trends. Free forever.