Home prices
The value of the median home in Colonial Heights is $171,700. In comparison to the surrounding areas this is approximately $23,200 (15%) higher.Compared to the US as a whole it is approximately $45,800 (21%) lower, and is about $109,100 (38%) lower compared to the city of Virginia Beach.
Rents
Colonial Heights's median monthly rent is $1,038. This is about $102 (8%) lower in comparison to nearby areas.It is about $24 (2%) lower in comparison to the rest of the country, and it is roughly $329 (24%) lower in comparison to the city of Virginia Beach.
Nearby places
Ettrick
Ettrick is Colonial Heights's neighbor to the southwest. The real estate prices there are a little less expensive. The median home in Ettrick costs $136,000, which comes out to $35,700 (26%) lower than Colonial Heights. Rent there is fairly similar. In Ettrick the median monthly rent is $1,069, which is $31 (2%) higher than Colonial Heights.
Petersburg
Petersburg is Colonial Heights's neighbor to the south. Real estate prices there are significantly less expensive. Petersburg's median home value is $108,100, which is $63,600 (58%) lower than Colonial Heights. Its rents are a little less expensive. The median monthly rent in Petersburg is $947, which comes out to $91 (9%) lower than Colonial Heights.
Fort Lee
Fort Lee is approximately 3 miles southeast of Colonial Heights. Its real estate prices are somewhat more expensive. Fort Lee's median home price is $225,000, which is $53,300 (23%) higher than Colonial Heights. Rent there is substantially more expensive. In Fort Lee the median monthly rent is $1,697, which comes out to $659 (38%) higher than Colonial Heights.
Matoaca
Matoaca is roughly 4 miles southwest of Colonial Heights. Its housing prices are somewhat less expensive. Matoaca's median home value is $150,500, which is $21,200 (14%) lower than Colonial Heights. Its rents are somewhat more expensive. In Matoaca the median rent is $1,100 a month, which is $62 (5%) higher than Colonial Heights.
Hopewell
Hopewell is roughly 5 miles east from Colonial Heights. The housing prices there are a lot less expensive. The cost of the median home in Hopewell is $122,900, which works out to $48,800 (39%) lower than Colonial Heights. Its rents are a little less expensive. Hopewell's median rent is $886 a month, which is $152 (17%) lower than Colonial Heights.
