Market Overview
Home Prices in Colonial Beach, VA
The median home value in Colonial Beach, VA is $330,962 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.9% compared to a year ago and up 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Colonial Beach are priced19% below average.
Over the past five years, Colonial Beach home values have risen by approximately26.1%, reflecting strong long-term appreciation in this market.
Price History
Colonial Beach Home Price Trend
2020
$237,093
$237K
—
2021
$262,554
$263K
+10.7%
2022
$310,061
$310K
+18.1%
2023
$314,165
$314K
+1.3%
2024
$323,074
$323K
+2.8%
2025
$333,898
$334K
+3.4%
2026
$330,962
$331K
-0.9%
City Comparison
Colonial Beach vs. National Median
🏠 Colonial Beach
$330,962
National Median
$410,000
At $330,962, homes in Colonial Beach cost 19% below the national median of $410,000. This makes Colonial Beach a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Colonial Beach?
20% Down Payment
$66,192
on $330,962
Monthly P&I
$1,726/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,192/mo
incl. taxes & insurance
Income Needed
$87,680
gross annual (30% rule)
10% Down Option
$33,096
+ PMI applies
Loan Amount (20% dn)
$264,770
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Colonial Beach, VA?
The median home value in Colonial Beach is $330,962 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.9% year-over-year.
How much have home prices changed in Colonial Beach?
Over the past year, home values in Colonial Beach have decreased by 0.9%. Over five years, prices have risen approximately 26.1%.
How much do I need to earn to buy a home in Colonial Beach?
To comfortably afford the median home price of $330,962 with a 20% down payment ($66,192) at today's rates (6.8%), you'd need a gross annual income of approximately $87,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Colonial Beach compare to the national average home price?
The national median home value is approximately $410,000. At $330,962, homes in Colonial Beach are 19% below the national average.