Bogota, NJ is a desirable place to live due to its high housing median value of $442,600 compared to the US median value of $338,100. The 1 year house appreciation in Bogota is also significantly higher than the national average at 10.32%, compared to 8.27% for the US overall. In addition to its high housing values, Bogota has other attractions and amenities such as excellent schools, restaurants, parks, and art galleries that make it a great place for families or individuals looking for a place to call home.
The median home cost in Bogota is $442,600. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Bogota is up 9.0%.
Average Age of Homes
- The median age of Bogota real estate is 78 years old
The Rental Market in Bogota
- Renters make up 31.5% of the Bogota population
- 1.2% of houses and apartments in Bogota, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.