Market Overview
Home Prices in Bogota, NJ
The median home value in Bogota, NJ is $626,584 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.7% compared to a year ago and up 10.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bogota are priced53% above average. Bogota is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Bogota home values have risen by approximately32.4%, reflecting strong long-term appreciation in this market.
Price History
Bogota Home Price Trend
City Comparison
Bogota vs. National Median
At $626,584, homes in Bogota cost 53% above the national median of $410,000. Buyers in Bogota should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Bogota?
20% Down Payment
$125,317
on $626,584
Monthly P&I
$3,268/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,150/mo
incl. taxes & insurance
Income Needed
$166,000
gross annual (30% rule)
10% Down Option
$62,658
+ PMI applies
Loan Amount (20% dn)
$501,267
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 Bogota, NJ?
The median home value in Bogota is $626,584 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.7% year-over-year.
How much have home prices changed in Bogota?
Over the past year, home values in Bogota have increased by 1.7%. Over five years, prices have risen approximately 32.4%.
How much do I need to earn to buy a home in Bogota?
To comfortably afford the median home price of $626,584 with a 20% down payment ($125,317) at today's rates (6.8%), you'd need a gross annual income of approximately $166,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Bogota compare to the national average home price?
The national median home value is approximately $410,000. At $626,584, homes in Bogota are 53% above the national average.
What metro area is Bogota part of?
Bogota 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.