Housing · Colonial Beach

Colonial Beach, VA housing market

The typical Colonial Beach home is worth about $325,000, about the same as a year ago, 22% below the Virginia typical home.

Home values, sales, trends and how Colonial Beach compares with the towns next door — updated as new data is published.

The market right now

Colonial Beach at a glance

Typical home value
$325K
▼ 0.2% in a year · Zillow
Ten-year trend

Typical home value, 2016–2026

Colonial BeachVirginia
$200K$250K$300K$350K$400K$450K 20182020202220242026 Colonial Beach $325K Virginia $415K
Show as a table
JanuaryColonial BeachVirginia
2017$220,000$253,000
2018$220,000$263,000
2019$213,000$271,000
2020$221,000$284,000
2021$241,000$311,000
2022$277,000$345,000
2023$296,000$367,000
2024$300,000$386,000
2025$323,000$405,000
2026$321,000$411,000
August 2026$325,000$415,000
New construction

No new homes permitted in 2020

No permits for new homes were issued in Colonial Beach in 2020. The last year with any was 2019 (4 new homes).

New homes, 2020
0
4 in 2019
Single-familyTwo or more homes per building
050100150200 2002: 43 homes 2002 2003: 49 homes 2004: 198 homes 2005: 141 homes 2005 2006: 98 homes (70 single-family, 28 in buildings with 2+ homes) 2007: 88 homes 2008: 19 homes 2009: 14 homes 2010: 10 homes 2010 2011: 14 homes 2012: 10 homes 2013: 12 homes 2014: 19 homes 2015: 15 homes 2015 2016: 18 homes 2017: 19 homes 2018: 21 homes 2019: 4 homes 2020: 0 homes 2020

Homes vs. people, 2010–2020

Residents+366
New homes+142

Between the 2010 and 2020 censuses, Colonial Beach gained 366 residents while 142 new homes were permitted: about 2.6 new residents per new home. Building and growth moved roughly in step. Across Virginia: 2.2 new residents per new home.

How Colonial Beach ranks on housing keeping up with growth →

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2020000—
2019440$620,000
201821210$3.3 million
201719190$3 million
201618180$2.9 million
201515150$3.4 million
201419190$2.6 million
201312120$1.7 million
201210100$1.4 million
201114140$2.5 million
201010100$1.8 million
200914140$2.5 million
200819190$2.9 million
200788880$15 million
2006987028$13.4 million
20051411410$20.9 million
20041981980$25.9 million
200349490$5.6 million
200243430$5.2 million

Colonial Beach's permit office didn't report to the Census in 2020, so the 2020 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

Affordability

5.4 years of income

The typical Colonial Beach home costs about 5.4 years of the town's median household income, more than across Virginia (4.5 years).

How Colonial Beach ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
79.9%
Virginia: 67.3%
Median tax bill
$2,431
Virginia: $2,790
Median rent
$620
Virginia: $1,579
Typical home built
1979
Virginia: 1984

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,390

HUD's Fair Market Rent for a two-bedroom in Colonial Beach is $1,390 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Colonial Beach pay a median of $620, so moving in tends to cost more than staying put. A two-bedroom takes about 28% of the town's median household income.

1 bedroom
$1,140
a month, with utilities
2 bedrooms
$1,390
a month, with utilities
3 bedrooms
$1,930
a month, with utilities
Share of income
28%
2 bedrooms ÷ median income

Studio $1,130 · 4 bedrooms $2,110

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (22443; King George County, VA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01