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Colonial Heights, VA Real Estate


According to census data in the year 2000 there were 7,340 housing units in Colonial Heights. This represents a 11.3% growth from 6,592 in 1990.

Of those housing units, 7,340 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Colonial Heights is about 69.4%. Colonial Heights's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Colonial Heights were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom4.50%
Two Bedrooms28.40%
Three Bedrooms47%
Four Bedrooms16.50%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1965
Median Value of occupied units$94,800
Median Price asked for vacant units$79,200

Rented Homes, Apartments and Condos

Average Household Size2.14
Median year structure was built1967
Median Monthly Rent asked for vacant units$554

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage7.50%
Home Equity Loan8.20%
Simple Mortgage47.70%
Debt Free36.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%