Colonia, NJ—07067
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Colonia, NJ
As of Oct '25, the median home price in Colonia, NJ is $622,000, with a year-over-year change of 3.5%. This indicates that home prices in Colonia, NJ are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $622,000 | 3.6% |
| Single Family | $622,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $610,000 | 3.6% |
4 Bed | $669,000 | 2.5% |
| 5 Bed | $868,000 | 1.4% |
% of Housing Stock
Rental Trends — Colonia, NJ
As of July '25, Rentcast reports the average rent in Colonia, NJ is $2,910, with a year-over-year rent change of -20.7%. Per bedroom, the median rent as of July '25 in Colonia, NJ is 1-bedrooms: $1,940, 3-bedrooms: $2,750, 4-bedrooms: $3,830. The most common rental property sizes in Colonia, NJ are 1-bedroom and 2-bedroom, accounting for 39.6% and 28.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,910 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,860 | $1,940 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,500 | $2,750 |
| 4 Bed Rent | $3,600 | $3,830 |
% of Rental Stock
Property Listings — Colonia, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Colonia, NJ is 35. This is a decrease of -24.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 4.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $689,000 | 8.0% |
Listing Count | 57 | -11.0% |
| Listings as % of Homes | 0.8% | -11.0% |
Days on Market | 35 | -24.0% |
Demographics — Colonia, NJ
As of the latest ACS Survey released in 2023, Colonia, NJ has a population of 18,300, which has increased by 1.2% over the past 5 years. Colonia, NJ is a moderately popular place for families, as children make up 21.2% of the population. The area has a highly educated workforce, with 46.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,300 | 1.2% |
% Under 18 | 21.2% | 9.8% |
% Seniors | 19.2% | 10.3% |
% WFH | 13.8% | 283.3% |
% w/ College Degree | 46.5% | 20.2% |
As of the latest ACS Survey released in 2023, Colonia, NJ is a predominantly white area, with 59.9% of the population identifying as white. The white population has shrunk by 10.6% in the last 5 years. The second most common race or ethnicity in Colonia, NJ is hispanic, making up 16.6% of the population. Foreign-born residents account for 27.3% of the population in Colonia, NJ, and this percentage has increased by 17.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 59.9% | -10.6% |
% Black | 4.4% | -32.3% |
% Hispanic | 16.6% | 72.9% |
% Asian | 14.2% | -7.8% |
% Foreign Born | 27.3% | 17.7% |
Mortgage and Risk — Colonia, NJ
According to HUD data as of 2023, there were 290 mortgage originations in Colonia, NJ, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Colonia, NJ. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 290 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Colonia, NJ
Colonia, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 110 |
Total Units Section 8 | 110 |
% Rentals under Section 8 | 14.7% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $1,860 | $1,810 |
| 2 Bedroom | N/A | N/A | $2,280 |
| 3 Bedroom | $250 | $2,500 | $2,750 |
| 4 Bedroom | -$580 | $3,600 | $3,020 |
Affordability — Colonia, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $622,000 |
| Median Household Income | $134,000 |