The Colonial housing market is somewhat competitive. The median sale price of a home in Colonial was $290K last month, up 25.0% since last year. The median sale price per square foot in Colonial is $195, up 1.8% since last year.
What is the housing market like in Colonial today?
In March 2024, Colonial home prices were up 25.0% compared to last year, selling for a median price of $290K. On average, homes in Colonial sell after 52 days on the market compared to 105 days last year. There were 11 homes sold in March this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$290,000
+25.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Colonial, NJ
$290,000
+25.0%
United States
To compare other locations to the Colonial and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Pennsauken 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 housing market?
Colonial is somewhat competitive. Homes sell in 42.5 days.
0
100
54
Somewhat 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 12 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 43 days.
Hot homes
can sell for about 5% above list price and go pending in around 16 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 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Colonial.
Risk Factor
Flood Factor - Moderate
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Colonial has a moderate risk of flooding. 223 properties in Colonial are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Colonial. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Colonial has a minor risk of wildfire. There are 38 properties in Colonial that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Colonial.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Colonial has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Colonial is most at risk from hurricanes. 1,412 properties in Colonial have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 83 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 92 mph.