COLONIAL HILLS PH I
Homes for Sale in RIVERVIEW, FL
True comps, carrying-cost math, and listings before the portals.
Colonial Hills Ph I prices on the home itself more than on shared infrastructure. With no clubhouse, pool, or other amenity package showing up in current MLS listings, the median price of $432,500 and median $256.49 per square foot are being set almost entirely by lot, condition, and square footage rather than a community fee schedule. That makes this a spot where a renovated 2000-built home and a dated original can trade at very different price points even a street apart.
A median 20.5 days on market says demand is current and buyers are acting quickly on well-priced listings, not sitting on the fence. For sellers, that argues for pricing at or near recent comparable sales rather than testing the top. For buyers, it means having financing and a decision process ready before you tour, because the homes that show well are not lingering.
The 60-Second Overview
COLONIAL HILLS PH I market snapshot (as of August 2, 2026): the median sale price is about $432K ($256 per sq ft over the trailing 12 months of closed sales), and a median 21 days on market for closed sales.
COLONIAL HILLS PH I is a community of 166 homes in RIVERVIEW, Hillsborough County, built between 1920 and 2021 (median 2000.0), with a median living area of about 1,958 square feet. 74% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Colonial Hills Ph I is a 166-home Riverview neighborhood in Hillsborough County with a wide build era — from 1920 through 2021 — but a median year built of 2000, so most of the stock reads as established early-2000s construction rather than new build or true vintage.
Who COLONIAL HILLS PH I is best for.
Best for
- Buyers prioritizing home size and lot over community amenities, comfortable evaluating condition on a house-by-house basis
- Buyers working with a mid-$400s budget who want established Hillsborough County construction rather than new build pricing
- Buyers who can move decisively once under contract, given a market where homes are averaging just over 20 days on market
Probably not for
- Buyers who want a resort-style amenity package (pool, clubhouse, fitness center) as part of the purchase
- Buyers who want a uniform build era and are uncomfortable with a neighborhood spanning homes built from 1920 through 2021
- Buyers who need a slow, low-pressure shopping timeline rather than a market moving in roughly three weeks
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($432K) IS the median in the snapshot above.
Windows contain 0 to 11 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2006 through 2026. Deemed reliable but not guaranteed.
34% of homes for sale in ZIP 33569 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-01).
The COLONIAL HILLS PH I buying strategy.
If we were buying in COLONIAL HILLS PH I today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in COLONIAL HILLS PH I.
A neighborhood priced on the house, not the amenities
The median living area here is 1,958 square feet, a size that generally reads as a standard single-family footprint rather than a starter condo or an oversized executive build. Combined with the $256.49 median price per square foot, the math suggests most transactions are landing near the middle of the local price band for homes of that size, with the real variable being how updated a given house is rather than which section of the phase it sits in.
About 74% of homes carry a homestead exemption, which is a reasonable proxy for owner-occupancy over investor or rental ownership. That tends to correlate with more consistent day-to-day upkeep across a neighborhood, though it says nothing about any single listing's condition — that still has to be verified house by house, especially given the spread in build years.
The location and the amenities are priced into every listing in COLONIAL HILLS PH I. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a neighborhood where price is driven by the individual home rather than a shared amenity package, the comp work has to be precise — pulling recent closings within Colonial Hills Ph I specifically, not blending in unrelated Riverview subdivisions. We track the current closings data as it updates and price against what is actually moving in a market where homes are averaging just over 20 days on market, so sellers do not leave money sitting and buyers do not lose a home to a slow decision.
COLONIAL HILLS PH I in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA. Confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a COLONIAL HILLS PH I buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed COLONIAL HILLS PH I sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in COLONIAL HILLS PH I, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your COLONIAL HILLS PH I home worth?
Get a no-obligation home value based on real comparable sales in COLONIAL HILLS PH I, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in COLONIAL HILLS PH I?
How long do homes in COLONIAL HILLS PH I take to sell?
How many homes are in COLONIAL HILLS PH I?
What share of COLONIAL HILLS PH I is owner-occupied?
When were the homes in COLONIAL HILLS PH I built?
Do cash buyers compete in COLONIAL HILLS PH I?
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How do I find a top RIVERVIEW real estate agent who knows COLONIAL HILLS PH I?
Can Momentum Realty connect me with an agent for COLONIAL HILLS PH I?
Should you buy in COLONIAL HILLS PH I?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending August 2, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (7 streets, ZIP 33569/33579)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2006 (45 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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