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Colonial Heights City, VA home prices

Colonial Heights City, VA: the typical home is worth $285,866 as of 2026-05, up +0.1% over the past year and n/a since 2000. Listings run about $195/sq…

Data as of · by the Real Estate Price Map data team · methodology & sources

Colonial Heights City is flat and fairly valued — very affordable for what people here earn.

Momentum+0.1%Flat
Valuation-3%Fair value
Affordability8/10Very affordable
Market89 daysBuyer's market

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1977: $60,770 → 2026: $285,866 (4.7×) pre-2000 estimated via FHFA index

Typical value$285,8662026-05
1-year+0.1%
5-year+33.6%
10-year+94.5%
Since 2000n/a
Population18k2024
Median income$70,1612023 · 4.1× income
Median rent$1,576/mo2026 · 6.6% gross yield
New homes/yr172024
Price / sq ft$195listings
Days on market892026-06
Active listings12026-06
Price cuts0%of listings

Market read

At $285,866, homes in Colonial Heights City sit 7% below the Virginia median ($309,032) and 22% above the US median ($233,954). That ranks #77 of 133 Virginia counties by price.

Prices are holding steady (+0.1% in the last year) — a balanced market.

Homes here take a while to sell — a median 89 days on the market, with 0% of listings cutting their asking price.

At 4.1× local income, that's pricier than the typical US county (~3.8×).

Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.

Buying looks cheaper than renting — ~$1,411/mo to buy (P&I, 20% down) vs $1,576/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Petersburg City, VA ($201,188) · Hopewell City, VA ($219,819) · Prince George County, VA ($359,527) · Chesterfield County, VA ($415,791) · Henrico County, VA ($403,776) · Dinwiddie County, VA ($302,875)

Frequently asked questions

What is the average home price in Colonial Heights City, VA?
The typical home in Colonial Heights City is worth $285,866 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Colonial Heights City rising or falling?
Prices are up +0.1% over the past year and n/a since 2000 — a balanced market.
Is Colonial Heights City affordable?
At 4.1× the local median income of $70,161, Colonial Heights City is pricier than the typical US county.
What is the rental yield in Colonial Heights City?
Median rent is $1,576/mo — a gross rental yield of 6.6% on the typical home.
How fast do homes sell in Colonial Heights City?
Homes here take a median of 89 days to sell, with 0% of listings cutting their asking price.
Median home value by year
YearMedian home value
2009$157,053
2010$149,850
2011$145,306
2012$143,678
2013$144,894
2014$146,005
2015$139,569
2016$146,250
2017$156,599
2018$164,408
2019$174,867
2020$185,112
2021$208,318
2022$236,420
2023$272,117
2024$277,086
2025$288,028
2026$286,096