Colonial Heights Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

Foreclosures will be a factor impacting home values in the next several years. In Colonial Heights 1.6 homes are foreclosed (per 10,000). This is lower than the Richmond Metro value of 3.1 and also lower than the national value of 3.6

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Colonial Heights is 4.9%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Colonial Heights homeowners underwater on their mortgage is 27.1%, which is higher than Richmond Metro at 19.3%.

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Relative ZHVI
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Colonial Heights Market Overview

Data through Jul 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $152,600 Median sale price
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Colonial Heights Market Health

Data through Jul 31, 2015
  • 1.4/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 27.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 4.9% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

2 Colonial Heights
3 Richmond Metro
4 United States
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Nearby Cities

Name Median ZHVI
Chesterfield $203,200
Bon Air $194,400
Chester $188,700
Name Median ZHVI
Sandston $147,700
Richmond $141,300
Bellwood $131,700
Name Median ZHVI
Bensley $117,400
Highland Springs $101,600
Montrose $95,500

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $96 Median sale price / sq ft
  • No data Listings with price cut
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Colonial Heights Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,205 Colonial Heights
    $1,330 Richmond Metro
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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