Bogota, NJ 07603 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Bogota, NJ—07603

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$589,000

7.3% YoY Growth

Household Income

$107,000

28.5% YoY Growth

Days on Market

109

149.0% Longer YoY

Home Price Forecast

1.2%

Median Rent

$2,560

7.0% YoY Growth

1-Bed Rent

$2,520

1.7% YoY Growth

2-Bed Rent

$3,200

13.1% YoY Growth

3-Bed Rent

$2,900

8.8% YoY Growth

Home Price Trends — Bogota, NJ

As of Dec '25, the median home price in Bogota, NJ is $589,000, with a year-over-year change of 7.3%. This indicates that home prices in Bogota, NJ are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$589,000	7.3%
Single Family	$590,000	6.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Bogota, NJ

As of July '25, Rentcast reports the average rent in Bogota, NJ is $2,660, with a year-over-year rent change of -7.0%. Per bedroom, the median rent as of July '25 in Bogota, NJ is 1-bedrooms: $2,360, 2-bedrooms: $2,910, 3-bedrooms: $3,000. The most common rental property sizes in Bogota, NJ are 2-bedroom and 1-bedroom, accounting for 40.9% and 34.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,560	$2,660
Studio Rent	N/A	N/A
1 Bed Rent	$2,520	$2,360
2 Bed Rent	$3,200	$2,910
3 Bed Rent	$2,900	$3,000
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

9.9%

1 Bedroom

34.5%

2 Bedrooms

40.9%

3 Bedrooms

14.8%

Property Listings — Bogota, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Bogota, NJ is 72. This is a increase of 127.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$640,000	3.0%
Listing Count	10	43.0%
Listings as % of Homes	0.2%	43.0%
Days on Market	109	149.0%

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Demographics — Bogota, NJ

As of the latest ACS Survey released in 2023, Bogota, NJ has a population of 9,110, which has increased by 8.9% over the past 5 years. Bogota, NJ is a moderately popular place for families, as children make up 20.5% of the population. The area has a moderately educated workforce, with 34.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	9,110	8.9%
% Under 18	20.5%	7.9%
% Seniors	15.9%	27.2%
% WFH	6.7%	294.1%
% w/ College Degree	34.3%	17.5%

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As of the latest ACS Survey released in 2023, Bogota, NJ is a predominantly hispanic area, with 55.4% of the population identifying as hispanic. The hispanic population has grown by 31.6% in the last 5 years. The second most common race or ethnicity in Bogota, NJ is white, making up 27.7% of the population. Foreign-born residents account for 37.3% of the population in Bogota, NJ, and this percentage has increased by 14.1% 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	27.7%	-26.7%
% Black	9.8%	-11.7%
% Hispanic	55.4%	31.6%
% Asian	8.5%	4.9%
% Foreign Born	37.3%	14.1%

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Mortgage and Risk — Bogota, NJ

According to HUD data as of 2023, there were 81 mortgage originations in Bogota, NJ, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Bogota, NJ. Investor activity is low, as 4.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	81
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	4.0%
% Second Loans	0.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — Bogota, NJ

Bogota, NJ lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	89
Total Units Section 8	89
% Rentals under Section 8	9.3%
% Occupied Section 8	95.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$710	$2,520	$1,810
2 Bedroom	-$1,130	$3,200	$2,070
3 Bedroom	-$350	$2,900	$2,550
4 Bedroom	N/A	N/A	$3,220

Bogota, NJ—07603

Key Metrics at a Glance

Home Price Trends — Bogota, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bogota, NJ

% of Rental Stock

Property Listings — Bogota, NJ

Demographics — Bogota, NJ

Race and Ethnicity

Mortgage and Risk — Bogota, NJ

Mortgages

Rentals and Section 8 — Bogota, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Bogota, NJ

Home Price to Income Ratio

Bogota, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

South Hackensack, NJ

Hackensack, NJ

Ridgefield Park, NJ

Teaneck, NJ

Little Ferry, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.4
Median Home Price	$589,000
Median Household Income	$107,000

Bogota, NJ—07603

Key Metrics at a Glance

Home Price Trends — Bogota, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bogota, NJ

% of Rental Stock

Property Listings — Bogota, NJ

Demographics — Bogota, NJ

Race and Ethnicity

Mortgage and Risk — Bogota, NJ

Mortgages

Rentals and Section 8 — Bogota, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Bogota, NJ

Home Price to Income Ratio

Bogota, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

South Hackensack, NJ

Hackensack, NJ

Ridgefield Park, NJ

Teaneck, NJ

Little Ferry, NJ

Frequently Asked Questions

What is the average home price in Bogota, NJ 07603?

How have home prices in Bogota, NJ 07603 changed over the past year?

What is the home price projection for Bogota, NJ 07603?

What are the demographics of Bogota, NJ 07603?

How long does it take homes to sell in Bogota, NJ 07603?

What is the average rent price in Bogota, NJ 07603?