Market Overview
Home Prices in Bayonne, NJ
The median home value in Bayonne, NJ is $600,724 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.2% compared to a year ago and up 4.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bayonne are priced47% above average. Bayonne is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Bayonne home values have risen by approximately29.0%, reflecting strong long-term appreciation in this market.
Price History
Bayonne Home Price Trend
City Comparison
Bayonne vs. National Median
At $600,724, homes in Bayonne cost 47% above the national median of $410,000. Buyers in Bayonne should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Bayonne?
20% Down Payment
$120,145
on $600,724
Monthly P&I
$3,133/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,979/mo
incl. taxes & insurance
Income Needed
$159,160
gross annual (30% rule)
10% Down Option
$60,072
+ PMI applies
Loan Amount (20% dn)
$480,579
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 Bayonne, NJ?
The median home value in Bayonne is $600,724 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.2% year-over-year.
How much have home prices changed in Bayonne?
Over the past year, home values in Bayonne have increased by 1.2%. Over five years, prices have risen approximately 29.0%.
How much do I need to earn to buy a home in Bayonne?
To comfortably afford the median home price of $600,724 with a 20% down payment ($120,145) at today's rates (6.8%), you'd need a gross annual income of approximately $159,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Bayonne compare to the national average home price?
The national median home value is approximately $410,000. At $600,724, homes in Bayonne are 47% above the national average.
What metro area is Bayonne part of?
Bayonne is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.