Millbrook, AL Housing Market & Real Estate
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?
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
| Metric | Value |
|---|---|
| Median sale price | $249,900 |
| Median list price | $225,000 |
| Year-over-year price change | -5.7% |
| Average days on market | 84 days |
| Active inventory | 56 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 98.7% |
| Market condition | Balanced 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
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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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