
Colonial Place, VA Housing Market
$648,595
3.0% 1-yrThe average Colonial Place, VA home value is $648,595, up 3.0% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Colonial Place Key Takeaways
Typical Home Values: $648,595
1-Year Value Change: +3%
(Data through August 31, 2026)
Colonial Place Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Mary Munford$662,780
- Malvern Gardens$900,839
- Willow Lawn$591,142
- Sauer's Gardens$562,234
- Stonewall Court$1,468,907
- Monument Avenue Park$523,492
- The Museum District$635,090
- Windsor Farms$1,793,426
- Carytown$513,375
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Colonial Place Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are the most expensive neighborhoods in Richmond, VA?
The neighborhoods with the highest median home values in Richmond, VA include: Wilton ($2,041,890), Windsor Farms ($1,793,426), Stonewall Court ($1,468,907), Westhampton ($902,079), Malvern Gardens ($900,839).
What are the most affordable neighborhoods in Richmond, VA?
The neighborhoods with the lowest median home values in Richmond, VA include: Elkhardt ($148,696), Eastview ($188,762), Bellemeade ($189,213), Jeff Davis ($194,398), Davee Gardens ($197,267).
Which Richmond, VA neighborhoods have the fastest growing home values?
Neighborhoods with the highest year-over-year value growth in Richmond, VA include: Hickory Hill (15.1%), Deerbourne (14.2%), Windsor Farms (11.4%), Pocoshock (7.5%), Wilton (7.3%).

