The Colonial Village-Shepherd Park housing market is not very competitive. The median sale price of a home in Colonial Village-Shepherd Park was $950K last month, down 10.6% since last year. The median sale price per square foot in Colonial Village-Shepherd Park is $501, down 0.5% since last year.
Colonial Village-Shepherd Park Housing Market Trends
What is the housing market like in Colonial Village-Shepherd Park today?
In February 2025, Colonial Village-Shepherd Park home prices were down 10.6% compared to last year, selling for a median price of $950K. On average, homes in Colonial Village-Shepherd Park sell after 127 days on the market compared to 21 days last year. There were 17 homes sold in February this year, up from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$950,000
-10.6% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Colonial Village-Shepherd Park, DC
$950,000
-10.6%
United States
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How hot is the Colonial Village-Shepherd Park housing market?
Colonial Village-Shepherd Park is not very competitive. Homes sell in 51 days.
0
100
26
Not 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 6 months
Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 51 days.
Hot homes
can sell for around list price and go pending in around 6 days.
Learn about schools in the Colonial Village-Shepherd Park area
Elementary
Middle
High
GreatSchools Rating
9/10
Shepherd Elementary School
Public • PreK-5
372
Students
18 reviews
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 Village-Shepherd Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Colonial Village-Shepherd Park.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Colonial Village-Shepherd Park has a minor risk of flooding. 138 properties in Colonial Village-Shepherd Park are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Colonial Village-Shepherd Park. Flood risk is increasing slower than the national average.
68% of properties are at risk of wildfire over the next 30 years
Fire Factor
Colonial Village-Shepherd Park has a moderate risk of wildfire. There are 1,179 properties in Colonial Village-Shepherd Park that have some risk of being affected by wildfire over the next 30 years. This represents 68% of all properties in Colonial Village-Shepherd Park.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Colonial Village-Shepherd Park has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Colonial Village-Shepherd Park is most at risk from hurricanes. 1,720 properties in Colonial Village-Shepherd Park 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 61 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 76 mph.
53% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Colonial Village-Shepherd Park has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 53% of homes in Colonial Village-Shepherd Park have a Severe Heat Factor®.
Colonial Village-Shepherd Park is expected to see a 114% increase in the number of days over 104ºF over the next 30 years. Colonial Village-Shepherd Park is expected to experience 7