The Colonial Heights housing market is very competitive. The median sale price of a home in Colonial Heights was $563K last month, up 53.2% since last year. The median sale price per square foot in Colonial Heights is $118, down 32.2% since last year.
What is the housing market like in Colonial Heights today?
In December 2024, Colonial Heights home prices were up 53.2% compared to last year, selling for a median price of $563K.
$563K
Sale Price
+53.2% since last year
$118
Sale $/Sq. Ft.
-32.2% since last year
Under List Price
3.5%
Days on Market
33
Down Payment
—
Total Homes Sold
1
To compare other locations to the Colonial Heights and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Colonial Heights's median sale price is 32% higher than the national average. Overall cost of living in Colonial Heights is 4% lower than the national average. Learn which home features in Colonial Heights add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Colonial Heights housing market?
Colonial Heights is very competitive. Homes sell in 33 days.
0
100
74
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% below list price and go pending in around 33 days.
Hot homes
can sell for around list price and go pending in around 21 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Colonial Heights housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Colonial Heights.
Flood Factor - Moderate
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Colonial Heights has a moderate risk of flooding. 3,130 properties in Colonial Heights are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Colonial Heights. Flood risk is increasing slower than the national average.
89% of properties are at risk of wildfire over the next 30 years
Fire Factor
Colonial Heights has a moderate risk of wildfire. There are 21,831 properties in Colonial Heights that have some risk of being affected by wildfire over the next 30 years. This represents 89% of all properties in Colonial Heights.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Colonial Heights has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Colonial Heights is most at risk from hurricanes. 24,500 properties in Colonial Heights have some risk of being in a severe wind event within the next 30 years.
51% of properties are at major
risk of heat over the next 30 years
Heat Factor
Colonial Heights has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 51% of homes in Colonial Heights have a Major Heat Factor®.
Colonial Heights is expected to see a 185% increase in the number of days over 100ºF over the next 30 years. Colonial Heights is expected to experience 7