Colonia, NJ Foreclosures
How much do homes sell for in Colonia, NJ?
The average home price is currently $511,969.
In Colonia, NJ, how many homes are available?
There are currently 167 active home listings available in Colonia.
What’s the average rental cost in Colonia, NJ?
The average rental price in Colonia is $2,229.
What is the most expensive home in Colonia?
The most expensive home sold in Colonia had a price of $6,547,142.
What is currently the cheapest priced home in Colonia, NJ?
The cheapest home for sale in Colonia is priced at $157,934.
Living in Colonia, NJ
Colonia, NJ, is a charming suburban community known for its excellent schools and family-friendly environment. With a variety of parks, restaurants, and shopping options, there is something for everyone. Commuters enjoy easy access to public transportation, making it a convenient location for those working in nearby cities.
Current Market Conditions in Colonia, NJ
The real estate market in Colonia remains active, with a mixture of single-family homes, townhouses, and condominiums on the market. The demand for housing has seen a steady increase, partially due to the area’s appealing lifestyle and proximity to urban areas. Home prices have seen modest appreciation over the past year, attracting both first-time homebuyers and investors looking for rental opportunities.
In recent months, Colonia has experienced a slight dip in inventory, which has led to increased competition among buyers. Homes that are well-maintained and priced appropriately tend to receive multiple offers, indicating a robust demand despite economic uncertainties.
Home Value Estimator For Colonia, NJ
There are currently 6,106 real estate properties
in Colonia, NJ,
with a median automated valuation model (AVM) price
of $461,494.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Colonia, NJ, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Colonia, NJ,
is $511,969.00, with the most expensive house
in Colonia, NJ, topping out
at $6,547,142.00 and the cheapest home
in Colonia, NJ,
clocking in at $157,934.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Colonia, NJ!
Rent Prices
In Colonia, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Colonia, NJ, is on
a rollercoaster ride. The
average rent price in Colonia, NJ,
is $2,229.00. Indeed, when looking to rent in
Colonia, NJ, you can expect to pay as little
as $1,300.00 or as much
as $5,740.00,
with the average rent median estimated to
be $2,180.00. The good news is that finding
an affordable and desirable property to rent in Colonia, NJ
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
