40 homes sold in Colonial Heights in the last year, at a typical $285K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Colonial Heights homes are listed.
Every place Colonial Heights homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Colonial Heights.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 98% of Colonial Heights’ sales, at a typical $278K
40 homes sold in the year to May 2026.
typical sale · 39 sold in 12 months
- Per square foot
- $149TN $209
- Days to sell
- 67
- Sold over asking
- 28%
- Listings with a price cut
- 39%
Condos: 1 sold, typical $381K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
40 sales in the last year, against 60 in 2021 and a low of 31 in 2023. The typical sale went from $144K in 2016 to $285K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Colonial Heights
Check a listing against what Colonial Heights homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Colonial Heights are more common than before the pandemic, with about as many homes for sale
We read every month of Colonial Heights’ home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 40 sales.
If you’re buying in Colonial Heights
- Shop in June. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
- Bid near asking. Buyers paid 98.3% of the list price on average; 30% paid over.
- You’ll usually have time. Only 35% of homes go under contract within two weeks; the typical one takes 65 days.
Summer brings the homes; winter brings the bidding wars
July has the most new listings (about 5 a month), but December is the most competitive: 40% of December sales close over asking. June offers nearly as much choice with fewer homes bid up (23%). February has the least competition (10%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Tennessee
| Colonial Heights now | 2017–19 | 2021 peak | TN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 30% | 24% | 38% | 14% |
| Gone within two weeksShare of homes under contract within 14 days | 35% | 3% | 2% | 27% |
| Listings with a price cutShare of homes for sale that cut their price | 39% | — | — | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 98.3% | 98.3% | 100.3% | 97.3% |
| Days to sellMedian days from listing to contract | 65 | 71 | 51 | 70 |
11 homes for sale on a typical day
That’s 2.6 times the 2023 low (4), about the 2017–19 level and well under 2017’s 16.
1 in 3 listings has cut its price
39% in the last year, against — in 2017–19 and 25% across Tennessee.
Source: Redfin Data Center, city figures, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Colonial Heights home costs about $1,588 a month
Price: Colonial Heights’ typical sale, last 12 months. Property tax at Colonial Heights’ 0.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Colonial Heights is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. December has the fewest, about 2.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $285K home, about $1,210 a year.
Taxes vs. neighborsSchools
The schools grade for Colonial Heights, from test results, graduation and how much students grow.
Schools in Colonial HeightsTypical commute
The average one-way trip to work for people who live in Colonial Heights.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Gray and Oak Grove for far more
The busier markets within 25 miles of Colonial Heights, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Kingsport | 1,022 | $281K | $163 | 14% | 69 |
| Bloomingdale | 122 | $221K | $156 | 22% | 52 |
| Oak Grove | 69 | $379K | $191 | 25% | 53 |
| Spurgeon | 55 | $322K | $170 | 11% | 73 |
| Gray | 42 | $352K | $207 | 14% | 141 |
| Colonial Heights | 40 | $285K | $147 | 30% | 65 |
| Sullivan Gardens | 24 | $221K | $146 | 21% | 71 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Colonial Heights, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Colonial Heights. People who follow the town see it, and so do people comparing Colonial Heights with their own town. No commission, no listing fee.
Questions about buying a home in Colonial Heights
What do homes sell for in Colonial Heights, TN?
40 homes sold in the year to May 2026 at a typical $285K, $147 a square foot.
Is Colonial Heights a buyer’s or seller’s market?
A seller’s market: 10 homes were for sale in May 2026 and 3 sold, about 3.3 months of supply. Buyers paid 98.3% of asking on average, and 39% of listings cut their price.
When is the best time to buy in Colonial Heights?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Colonial Heights?
About 0.4% of a home’s value a year. On a $285K home that’s near $1,210.
Where can I see homes for sale in Colonial Heights?
Zillow, Redfin, Realtor.com and Homes.com all carry Colonial Heights’ MLS listings; the search links above open each one filtered to Colonial Heights.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).