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Real estate in Richmond’s Colonial Place neighborhood.

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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for July 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Colonial Place real estate Market Report.

Information and statistics on the latest trends in the Colonial Place real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$728K
+6.3% from Q1 '26
Median list price
$587K
+51% from Q1 '26
Active listings
16
-11% from Q1 '26
Homes sold
19
+73% from Q1 '26
New pendings
16
-11% from Q1 '26
New listings
14
-18% from Q1 '26

Quarterly Pricing Trends for Colonial Place

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Colonial Place Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $436K Median sale price in Jul 2021 - Sep 2021: $518K Median sale price in Oct 2021 - Dec 2021: $440K Median sale price in Jan 2022 - Mar 2022: $446K Median sale price in Apr 2022 - Jun 2022: $628K Median sale price in Jul 2022 - Sep 2022: $525K Median sale price in Oct 2022 - Dec 2022: $750K Median sale price in Jan 2023 - Mar 2023: $620K Median sale price in Apr 2023 - Jun 2023: $528K Median sale price in Jul 2023 - Sep 2023: $540K Median sale price in Oct 2023 - Dec 2023: $525K Median sale price in Jan 2024 - Mar 2024: $535K Median sale price in Apr 2024 - Jun 2024: $627K Median sale price in Jul 2024 - Sep 2024: $567K Median sale price in Oct 2024 - Dec 2024: $841K Median sale price in Jan 2025 - Mar 2025: $598K Median sale price in Apr 2025 - Jun 2025: $795K Median sale price in Jul 2025 - Sep 2025: $832K Median sale price in Oct 2025 - Dec 2025: $657K Median sale price in Jan 2026 - Mar 2026: $685K Median list price in Apr 2021 - Jun 2021: $495K Median list price in Jul 2021 - Sep 2021: $442K Median list price in Oct 2021 - Dec 2021: $390K Median list price in Jan 2022 - Mar 2022: $489K Median list price in Apr 2022 - Jun 2022: $500K Median list price in Jul 2022 - Sep 2022: $575K Median list price in Oct 2022 - Dec 2022: $606K Median list price in Jan 2023 - Mar 2023: $550K Median list price in Apr 2023 - Jun 2023: $450K Median list price in Jul 2023 - Sep 2023: $468K Median list price in Oct 2023 - Dec 2023: $615K Median list price in Jan 2024 - Mar 2024: $729K Median list price in Apr 2024 - Jun 2024: $675K Median list price in Jul 2024 - Sep 2024: $625K Median list price in Oct 2024 - Dec 2024: $685K Median list price in Jan 2025 - Mar 2025: $517K Median list price in Apr 2025 - Jun 2025: $925K Median list price in Jul 2025 - Sep 2025: $767K Median list price in Oct 2025 - Dec 2025: $520K Median list price in Jan 2026 - Mar 2026: $390K Apr 2021 - Jun 2021 Median sale price $436K Median list price $495K Jul 2021 - Sep 2021 Median sale price $518K Median list price $442K Oct 2021 - Dec 2021 Median sale price $440K Median list price $390K Jan 2022 - Mar 2022 Median sale price $446K Median list price $489K Apr 2022 - Jun 2022 Median sale price $628K Median list price $500K Jul 2022 - Sep 2022 Median sale price $525K Median list price $575K Oct 2022 - Dec 2022 Median sale price $750K Median list price $606K Jan 2023 - Mar 2023 Median sale price $620K Median list price $550K Apr 2023 - Jun 2023 Median sale price $528K Median list price $450K Jul 2023 - Sep 2023 Median sale price $540K Median list price $468K Oct 2023 - Dec 2023 Median sale price $525K Median list price $615K Jan 2024 - Mar 2024 Median sale price $535K Median list price $729K Apr 2024 - Jun 2024 Median sale price $627K Median list price $675K Jul 2024 - Sep 2024 Median sale price $567K Median list price $625K Oct 2024 - Dec 2024 Median sale price $841K Median list price $685K Jan 2025 - Mar 2025 Median sale price $598K Median list price $517K Apr 2025 - Jun 2025 Median sale price $795K Median list price $925K Jul 2025 - Sep 2025 Median sale price $832K Median list price $767K Oct 2025 - Dec 2025 Median sale price $657K Median list price $520K Jan 2026 - Mar 2026 Median sale price $685K Median list price $390K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
10
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Home values in Colonial Place have been climbing in the latest rolling three-month view, with the typical home value around $728,000, up about 6% from a year ago, and well above the broader Richmond median of roughly $414,000. While listing prices have trended lower year over year, they sit near $587,000, suggesting sellers may be pricing more conservatively even as closed sale prices stay strong.

Listing and contract activity shows a tight but active market. Homes sold rose about 16% from a year ago, with 19 sales in the recent three-month period, even as new listings declined roughly 15%, leaving only 16 active listings. Inventory is very limited at about 0.4 months of supply, far below the city’s 1.5 months, keeping conditions tilted toward sellers.

Speed and pricing dynamics underline that imbalance. The median home goes under contract in about 14 days, and nearly 62% of recent sales closed above their list price, with the average sale-to-list ratio near 106%. This mix of rising values, low supply, and quick sales points to strong demand from buyers who want to live in Colonial Place. Whether you are looking to compete effectively as a buyer or maximize your position as a seller, Agent Pronto can connect you with a local agent who understands this market and how to navigate it.



Learn more about what Colonial Place has to offer.

Colonial Place offers residents a welcoming, walkable neighborhood with tree-lined streets, historic charm, well-kept homes, and easy access to parks, dining, and everyday amenities that foster a strong sense of community.

Colonial Place in Richmond tends to suit buyers who want classic architecture, mature trees, and quick access to city amenities without being in the middle of downtown. Many homes are early to mid‑20th‑century styles, which appeal to first‑time buyers, move‑up families, and downsizers who value character and walkability more than new construction.

Residents appreciate being close to green space at Bryan Park and the shops and services along Lakeside Avenue. Proximity to Lewis Ginter Botanical Garden adds a regional destination just a short drive away, while commuters value straightforward routes into Richmond and nearby areas like Henrico County. Everyday needs are covered by local markets, cafes, and neighborhood businesses that give the area a settled, residential feel.

Families often look closely at nearby schools such as Holton Elementary and appreciate access to the broader Richmond Public Library system. Outdoor‑oriented buyers like being near Belmont Park and regional trail connections, while long‑time owners considering a sale watch how Colonial Place compares to adjacent neighborhoods like Ginter Park and Bellevue.

Because values and buyer priorities can shift block by block, especially near busy corridors or quieter side streets, it pays to work with an agent who knows Colonial Place at the neighborhood level. Agent Pronto connects both buyers and sellers with professionals who understand these details and can align housing options with specific goals.

Find your Colonial Place real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Bree Cox did a great job selling my home. She communicated exceptionally well, and we were always on the same page regarding our goals for the sale and our strategy for marketing the home. We were under contract in less than a week, and the process couldn’t have gone more smoothly. I would highly recommend Bree to anyone looking to buy or sell a home in this market.”

Scott G · Powhatan, VA

Photo of Bree Cox
Century 21 Realty at Home
“Working with this agent was a great experience. They were always available to answer questions, offer guidance, and provide support every step of the way. Their expertise and dedication made the entire process easy and enjoyable. I couldn’t recommend them more highly.”

Harry Patel · Dinwiddie, VA

Photo of Asif Kabani
eXp Realty LLc
“James was amazing coming in and telling me exactly what needed to be done in order to sell and get what was needed out of it. James made a couple calls and had contractors in the house the very next Monday. 2 weeks later the house was complete and ready to be staged and on the market. James knows the market and how to make things happen. 48hrs on market and contract was on house! All this while he was extremely professional, friendly and mostly compassionate as I had just lost my dad. His communication is fabulous. Best thing about James he will Always have a recommendation from me.”

Pam · Chester, VA

Photo of The Strum Group
Long & Foster Real Estate Long and Foster
“Karen was an amazing real estate agent to work with. She was incredibly patient throughout the entire process and always quick to respond whenever I had questions. Thanks to her guidance, I was able to find an excellent home that I truly love. Highly recommend!”

Jesse · Chesterfield, VA

Photo of Karen Dailey
Century 21 Realty @ Home
“Working with Ty was great! He is very laid back and was very patient with us throughout our journey of finding a home. He made himself available to us on our multiple trips to the Richmond area as we were traveling from two hours away. He let us go at our own pace and was ready for us when we were. Highly recommend!”

Megan Calderwood · Moseley, VA

Photo of Ty Vaden
Century 21 Realty @ Home
“Mr. Anthony Brumfield exceeded my expectations! He was very profesional, thorough, and attentive to my family's needs. I would defintely use his services again and again. In fact, a few weeks after closing, I referred a family member to him. Thank you, Mr. Brumfield! Job well done!!!”

Kirra Streat · Nashville, TN

Photo of Mark Brumfield
Century 21 Realty at Home
“Aaron Gilbert was a pleasure to work with. He sold our house in 3 days. He did things above and beyond the call of duty. I would recommend him to anyone selling a house.”

Claudia B. · Tappahannock, VA

Photo of Aaron Gilbert
Berkshire Hathaway HomeServices PenFed Realty
“Kimberly and Holly were very personable and professional. They were very informative. They guided us through this cumbersome and tedious process. They both were great to work with and kept us abreast with what we needed to do to sell our home. We are most grateful to work with them. They know what it takes to sell a house!”

Derald E P. · Newport News, VA

Photo of Kimberly Plourde
EXIT Realty Central
“I enjoyed working with Connie from the start. She is professional & well-versed in all things real estate. She guided me through the process which was ripe with delays and challenges. Very pleased with your referral!”

Linda G. · Chester, VA

Photo of Connie Anton
Better Homes & Gardens Real Estate Better Homes and Gardens Real Estate Base Camp
“Mr. Hardy was dedicated and diligent as well as professional in handling the sale of my home. I would without reservation recommend Mr. Hardy for future real estate issues to family and others. Mr. Hardy is a real estate agent extraordinaire.”

Chauncey L. · South Chesterfield, VA

Photo of Norris Hardy
Weichert Realtors Brockwell & Associates
“This was the second property we have both purchased and sold with Sandi Crawford as our real estate agent. Throughout all aspects of the transaction, Sandi expertly represented us and our best interests. She helped us see how undervalued the sales had been in our neighborhood and helped us sell for top of market. We receive a full list offer in under 48-hours (with 6 others as backups!) and with inspection repairs waived by the purchaser. Sandi helped us choose the perfect time to list our home when it was able to get the most recognition on the market, and showed us how we could reach our financial objectives with the sale. I would absolutely recommend Sandi Crawford to anyone looking to buy or sell a home, as she is the utmost professional in all aspects of what a real estate agent should be. She understands her numbers, understands her market, and understand her people! A+++ representation, start-to -inish!”

Scott · Mechanicsville, VA

Photo of Select Crawford Properties
Keller Williams Richmond West

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Colonial Place. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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