Market Overview
Home Prices in Colonia, NJ
The median home value in Colonia, NJ is $651,563 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and up 5.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Colonia are priced59% above average. Colonia is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Colonia home values have risen by approximately40.4%, reflecting strong long-term appreciation in this market.
Price History
Colonia Home Price Trend
City Comparison
Colonia vs. National Median
At $651,563, homes in Colonia cost 59% above the national median of $410,000. Buyers in Colonia should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Colonia?
20% Down Payment
$130,313
on $651,563
Monthly P&I
$3,398/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,315/mo
incl. taxes & insurance
Income Needed
$172,600
gross annual (30% rule)
10% Down Option
$65,156
+ PMI applies
Loan Amount (20% dn)
$521,250
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 Colonia, NJ?
The median home value in Colonia is $651,563 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.6% year-over-year.
How much have home prices changed in Colonia?
Over the past year, home values in Colonia have increased by 3.6%. Over five years, prices have risen approximately 40.4%.
How much do I need to earn to buy a home in Colonia?
To comfortably afford the median home price of $651,563 with a 20% down payment ($130,313) at today's rates (6.8%), you'd need a gross annual income of approximately $172,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Colonia compare to the national average home price?
The national median home value is approximately $410,000. At $651,563, homes in Colonia are 59% above the national average.
What metro area is Colonia part of?
Colonia 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.