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Colonial Heights, TN
Full City Profile · Tennessee · Sullivan County County
3.4
/5.0
B
Good
2,783
Population
729/sq mi density
$76,440
Median Income
$42,702 per capita
$193,200
Home Value
$249,148 Zillow
$1,035
Median Rent
21.6% income on rent
57°F
Avg Temperature
305 sunny days/yr
602
Violent Crime/100K
4,963 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$76,440 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$193,200 home value, $1,035/mo rent
F
Safety
1.0 / 5.0
602 violent crimes/100K (58% above avg)
B
Education
3.2 / 5.0
27.9% bachelor's degree or higher
Housing Overview
Median Home Value
$193,200
31% below
US avg: $281,900
Median Rent
$1,035/mo
11% below
US avg: $1,163/mo
Homeownership Rate
87.6%
34% above US avg (65.4%)
Total Housing Units
1,309
Median year built: 1972
Home Value by Source
Census Median
$193,200
Zillow (ZHVI)
$249,148
Median Sale Price
$262,450
Median List Price
$285,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
87.6%
Owner-Occupied
12.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent:
$1,035/mo
Market Indicators (Redfin)
Median Days on Market
141 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
36.4%
of listings with price reduction
Price Per Sq Ft
$172
Active Inventory
11
homes for sale
Affordability & Housing Stock
Rent Burden
21.6%
of renters spending 30%+ of income on housing
30% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
87.6%
Complete Housing Data
Home Values
| Census Median Value | $193,200 |
| Zillow Home Value (ZHVI) | $249,148 |
| Median Sale Price | $262,450 |
| Median List Price | $285,000 |
| Price Per Sq Ft | $172 |
Rent
| Census Median Rent | $1,035 |
| FMR Studio | $882 |
| FMR 1-Bedroom | $924 |
| FMR 2-Bedroom | $1,118 |
| FMR 3-Bedroom | $1,445 |
| FMR 4-Bedroom | $1,644 |
Market
| Days on Market | 141 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 36.4% |
| Homes Sold | 6 |
| Active Inventory | 11 |
| Price Per Sq Ft | $172 |
Ownership & Stock
| Owner-Occupied | 87.6% |
| Renter-Occupied | 12.4% |
| Homeownership Rate | 87.6% |
| Total Housing Units | 1,309 |
| Median Year Built | 1972 |
| Rent Burden | 21.6% |