The Colonial Village housing market is very competitive. The median sale price of a home in Colonial Village was $168K last month, down 4.3% since last year. The median sale price per square foot in Colonial Village is $142, up 30.3% since last year.
What is the housing market like in Colonial Village today?
In October 2024, Colonial Village home prices were down 4.3% compared to last year, selling for a median price of $168K. On average, homes in Colonial Village sell after 29 days on the market compared to 17 days last year. There were 10 homes sold in October this year, down from 13 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$167,500
-4.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Colonial Village, MI
$167,500
-4.3%
United States
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How hot is the Colonial Village housing market?
Colonial Village is very competitive. Homes sell in 23 days.
0
100
86
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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 23 days.
Hot homes
can sell for about 5% above list price and go pending in around 13 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
102.8%
+1.3 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Colonial Village, MI
102.8%
+1.3 pt
United States
View houses in Colonial Village that sold recently
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 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Colonial Village.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Colonial Village has a minor risk of flooding. 68 properties in Colonial Village are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Colonial Village. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Colonial Village has a moderate risk of wildfire. There are 3 properties in Colonial Village that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Colonial Village.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Colonial Village has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Colonial Village is most at risk from hurricanes. 1,376 properties in Colonial Village have some risk of being in a severe wind event within the next 30 years.
69% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Colonial Village has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 69% of homes in Colonial Village have a Moderate Heat Factor®.
Colonial Village is expected to see a 128% increase in the number of days over 96ºF over the next 30 years. Colonial Village is expected to experience 7