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Featured local agent — Millbrook, AL
Sarah Mitchell
Compass Real Estate · Millbrook, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Millbrook, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$266,450median sale price
How is the Millbrook, AL housing market right now?
The median home sale price in Millbrook, AL is $266,450, up 5.7% year-over-year. Homes sell in an average of 62 days with 56 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Millbrook a buyer's or seller's market?
Millbrook, AL is currently a balanced market, based on 2.8 months of supply and homes selling in about 62 days. How we determine this →
Homes sold
20
Last 12 weeks
Days on market
62
Average pace
Active listings
56
2.8 months supply
Sale-to-list
97.8%
Below asking
What does the Millbrook housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $266,450 |
| Median list price | $234,950 |
| Year-over-year price change | +5.7% |
| Average days on market | 62 days |
| Active inventory | 56 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 97.8% |
| Median price per sq ft | $144/sq ft |
| Homes sold (latest month) | 20 |
| New listings (latest month) | 26 |
| Listings with a price cut | 5.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Millbrook by property type?
How the Millbrook, AL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $266,450 | $144/sq ft | 20 | 62 days |
| Townhouse | $110,800 | $86/sq ft | 1 | 71 days |
Source: Redfin · Updated monthly
The Millbrook housing market is currently classified as a balanced market with a median sale price of $266,450. Prices have risen 5.7% compared to last year, with homes spending an average of 62 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.5x provides context for how home values compare to local earning capacity.
Homes for sale in Millbrook
There are currently 56 homes listed for sale in Millbrook, Alabama. The median listing price is $235K.
Active listings
56
Homes on market
Median list price
$235K
Avg. days on market
62
Days until sale
New this week
26
Newly listed
Who lives in Millbrook?
Population
16,923
Median income
$64,522/yr
Median age
36.2 years
Owner-occupied
75.5%
College grads
32.5%
Avg commute
22.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Millbrook?
Zillow home value
$223,210
Zillow rent index
$1,427/mo
Price-to-rent ratio
13.0x
Price-to-income
3.5x
Source: Zillow Research
What is it like to live in Millbrook?
Millbrook is a community of approximately 17K residents with a median age of 36.2 years.The median household income is $64,522, which represents a working-class community with solid middle-income opportunities. 32.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 75.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Millbrook offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Millbrook?
3 schools tracked · 3,124 students
The largest public schools serving Millbrook, AL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Millbrook Middle School
Grades 5-8 · 1,134 students
Stanhope Elmore High School
Grades 9-12 · 1,088 students
Coosada Elementary School
Grades PK-2 · 902 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Millbrook, AL?
Want a head-to-head view? Compare Millbrook side-by-side with any other U.S. city using our market-comparison tool.
Is Millbrook a good real estate investment market?
For investors evaluating Millbrook, the price-to-rent ratio of 13.0x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 5.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Millbrook's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Millbrook's median home price.
Frequently asked questions
What is the average home price in Millbrook?
The median home sale price in Millbrook is $266,450, up 5.7% from last year.
How long do homes stay on market in Millbrook?
Homes typically spend 62 days on market before going under contract.
What is the median income in Millbrook?
The median household income is $64,522 per year.
Is Millbrook a buyer's or seller's market?
With 2.8 months of supply, Millbrook is currently a balanced market.
What is the Zillow home value estimate for Millbrook?
The Zillow Home Value Index (ZHVI) for Millbrook is $223,210, representing the typical home value in the area.
How much does a single-family home cost in Millbrook?
The median single-family home price in Millbrook, AL is $266,450 (about $144 per square foot).
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