Colonial Heights, TN Foreclosures
Current Market Conditions in in Colonial Heights, TN As of March 2026?
Over the past month, the real estate market in Colonial Heights has seen a slight uptick in property prices, reflecting a 3% month-over-month increase. Homes are selling faster, often within weeks of being listed, due to the heightened interest from buyers prioritizing suburban living. This trend indicates an ongoing shift in homebuyer preferences as more individuals and families seek a peaceful retreat with access to recreational opportunities.
How much do homes sell for in Colonial Heights, TN?
The average home price is currently $141,419.
What’s the average rental cost in Colonial Heights, TN?
The average rental price in Colonial Heights is $931.
What is the most expensive home in Colonial Heights?
The most expensive home sold in Colonial Heights had a price of $3,298,777.
What is currently the cheapest priced home in Colonial Heights, TN?
The cheapest home for sale in Colonial Heights is priced at $10,011.
Living in Colonial Heights, TN
Colonial Heights, TN, is a charming suburban community in Sullivan County, offering a family-friendly environment and abundant outdoor opportunities. Residents enjoy well-maintained neighborhoods, access to parks, and a quick drive to the amenities of the Tri-Cities region. The area combines local charm with convenient transportation options, making it a desirable place to live.
Buyer vs Seller Market in Colonial Heights, TN
Colonial Heights is currently experiencing a steady real estate market with an increasing demand for homes. The influx of families seeking a suburban lifestyle, combined with the area's attractive amenities, has led to a moderate rise in property values. However, homes still remain relatively affordable compared to nearby urban centers.
In the past few months, there has been a noticeable trend of buyers looking for larger homes with outdoor spaces due to the increased interest in remote work and the emphasis on family-friendly environments. The market is competitive, particularly for well-maintained properties, but opportunities remain for prospective buyers.
Home Value Estimator For Colonial Heights, TN
There are currently 212 real estate properties
in Colonial Heights, TN,
with a median automated valuation model (AVM) price
of $70,946.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Colonial Heights, TN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Colonial Heights, TN,
is $141,419.00, with the most expensive house
in Colonial Heights, TN, topping out
at $3,298,777.00 and the cheapest home
in Colonial Heights, TN,
clocking in at $10,011.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Colonial Heights, TN!
Rent Prices
In Colonial Heights, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Colonial Heights, TN, is on
a rollercoaster ride. The
average rent price in Colonial Heights, TN,
is $931.00. Indeed, when looking to rent in
Colonial Heights, TN, you can expect to pay as little
as $570.00 or as much
as $2,120.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Colonial Heights, TN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
