Colonial Hills
Homes for Sale in Riverview, FL

Colonial Hills market snapshot (as of September 12, 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.

In ZIP 33569 (Riverview), 1,077 homes closed in the last 12 months at a median of $352K ($199/sq ft), down 1.5% year over year, with a median 35 days on market. Right now 149 active and 56 pending listings put supply at about 4.4 months — a balanced market. See the live ZIP 33569 housing market and the Hillsborough County market.

Stellar MLS sales records identify 64 homes in Colonial Hills that have changed hands since 2004, built between 1973 and 2013 (median 2000), with a median living area of about 1,685 sq ft and a typical 3-bedroom, 2-bath layout; 97% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

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.

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.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.