Millbrook, AL Housing Market & Real Estate

Balanced market-5.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Millbrook, AL is $249,900, down 5.7% year-over-year. Homes sell in an average of 84 days with 56 active listings. The market is currently a balanced market.

$249,900median sale price

Is Millbrook a buyer's or seller's market?

Balanced market3.3 months of supply84 avg. days on market

Millbrook, AL is currently a balanced market, based on 3.3 months of supply and homes selling in about 84 days. How we determine this →

Homes sold

17

Last 12 weeks

Days on market

84

Average pace

Active listings

56

3.3 months supply

Sale-to-list

98.7%

Below asking

Millbrook, AL market data

Current housing market statistics for Millbrook, AL
MetricValue
Median sale price$249,900
Median list price$225,000
Year-over-year price change-5.7%
Average days on market84 days
Active inventory56 listings
Months of supply3.3 months
Sale-to-list price ratio98.7%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Millbrook housing market is currently classified as a balanced market with a median sale price of $249,900. Prices have fallen 5.7% compared to last year, with homes spending an average of 84 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Millbrook

There are currently 56 homes listed for sale in Millbrook, Alabama. The median listing price is $225K.

Active listings

56

Homes on market

Median list price

$225K

Avg. days on market

84

Days until sale

New this week

21

Newly listed

Price drops:1.8%of listings
Sale-to-list:98.7%

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Frequently asked questions

What is the average home price in Millbrook?

The median home sale price in Millbrook is $249,900, down 5.7% from last year.

How long do homes stay on market in Millbrook?

Homes typically spend 84 days on market before going under contract.

Is Millbrook a buyer's or seller's market?

With 3.3 months of supply, Millbrook is currently a balanced market.

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