The Colonial Place housing market is somewhat competitive. The median sale price of a home in Colonial Place was $430K last month, up 16.2% since last year. The median sale price per square foot in Colonial Place is $207, down 5.9% since last year.
What is the housing market like in Colonial Place today?
In February 2025, Colonial Place home prices were up 16.2% compared to last year, selling for a median price of $430K. On average, homes in Colonial Place sell after 57 days on the market compared to 10 days last year. There were 16 homes sold in February this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$430,000
+16.2% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Colonial Place, VA
$430,000
+16.2%
United States
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How hot is the Colonial Place housing market?
Colonial Place is somewhat competitive. Homes sell in 36 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 6 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 36 days.
Hot homes
can sell for about 1% above 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 Place housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Colonial Place.
Flood Factor - Moderate
94% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Colonial Place has a moderate risk of flooding. 478 properties in Colonial Place are likely to be
severely affected
by flooding over the next 30 years. This represents 94% of all properties in Colonial Place. Flood risk is increasing at the same pace as the national average.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Colonial Place has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Colonial Place is most at risk from hurricanes. 1,028 properties in Colonial Place 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 125 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 142 mph.