A typical Colonia home is worth about $646,000
Up 4.7% in a year, 11% above the New Jersey typical home. Homes typically sell in 58 days, a little above asking.
Housing in Colonia, in brief
About two in three renters are stretched
63% of renter households spend 30% or more of their income on rent, against 52% across New Jersey. A standard two-bedroom would take 25% of the median household income. Renting ↓
Nearly every household owns
89% of Colonia households own their home, against 64% across New Jersey. There are 682 renter households. The homes ↓
A median income doesn’t stretch to the towns next door
At Colonia’s median income, the calculator’s budget of about $410K covers neither the typical home here ($646K) nor in any of the five neighboring towns. The least expensive is Woodbridge Township at $486K. Can I afford it? ↓
Written from the data on this page. Home values are the Zillow Home Value Index, through August 2026; sales and supply are Redfin’s for May 2026; incomes, rents paid, taxes and ownership come from the Census American Community Survey.
Up 38.9% in five years
Faster than New Jersey (35.4%).
Show as a table
| January | Colonia | New Jersey |
|---|---|---|
| 2017 | $366,000 | $317,000 |
| 2018 | $385,000 | $330,000 |
| 2019 | $390,000 | $343,000 |
| 2020 | $416,000 | $358,000 |
| 2021 | $434,000 | $394,000 |
| 2022 | $484,000 | $441,000 |
| 2023 | $517,000 | $471,000 |
| 2024 | $555,000 | $511,000 |
| 2025 | $613,000 | $551,000 |
| 2026 | $638,000 | $568,000 |
| August 2026 | $646,000 | $580,000 |
A typical Colonia home worth $366K in September 2016 is worth about $646K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A balanced market
About 4.3 months of supply: neither buyers nor sellers have a clear edge.
Under ~4 months of supply favors sellers; over ~6 favors buyers.
Redfin Data Center, all residential sales, May 2026.
A typical home costs 5.3 years of income
Less than across New Jersey (5.6 years). Try your own numbers below.
That’s $237K short of a typical Colonia home.
A two-bedroom rents for about $2,600 a month here, $1,930 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the New Jersey typical property tax (2.11% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $2,600
Renters already here pay a median of $2,047, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
89% of Colonia households own their home
Half of Colonia’s homes were built before 1959.
New Jersey: 64% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Colonia vs. its neighbors
Colonia is the priciest of 6 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Colonia | $646K | +4.7% | $2,600 | — | $122,713 |
| Iselin | $563K | +3.7% | $2,770 | — | $109,500 |
| Woodbridge Township | $486K | +2.5% | $2,580 | 322 | $108,928 |
| Rahway | $541K | +1% | $2,360 | 113 | $91,461 |
| Avenel | $529K | +0.9% | $2,540 | — | $101,670 |
| Edison Township | $642K | +2.4% | $2,560 | 108 | $125,145 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Colonia buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.