Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Colonial Heights area can be challenging. Home prices in Colonial Heights are now at a median cost of $199,434, lower than the Tennessee average of $218,916.
The average cost of rent is $857/mo in Colonial Heights, primarily driven by the current value of real estate in the Colonial Heights area. While nearly 37.28% of residents own their homes outright in Colonial Heights, 20.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Colonial Heights is $6,077 per month. Households that rent pay about 14.11% of their income on rent here. Colonial Heights's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Kingsport, TN: less expensive homes
- Blair Gap, TN: less expensive homes
- Okolona, TN: less expensive homes
- Bloomingdale, TN: less expensive homes
- Fall Branch, TN: equally priced homes
- Blountville, TN: equally priced homes
- Silvacola, TN: less expensive homes
- Piney Flats, TN: equally priced homes
- Mount Carmel, TN: less expensive homes
- Johnson City, TN: equally priced homes
Cities with Similar Populations
- Carson City, MI: less expensive homes
- Byron, IL: equally priced homes
- Caddo Mills, TX: less expensive homes
- Fairlawn, OH: higher priced homes
- Fairfield, NJ: higher priced homes
- Califon, NJ: higher priced homes
- California, MO: less expensive homes
- Calipatria, CA: less expensive homes
- Calistoga, CA: higher priced homes
- Calumet Park, IL: less expensive homes
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