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Featured local agent — Millstadt, IL
Sarah Mitchell
Compass Real Estate · Millstadt, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Millstadt, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$429,500median sale price
How is the Millstadt, IL housing market right now?
The median home sale price in Millstadt, IL is $429,500, down 19.0% year-over-year. Homes sell in an average of 47 days with 11 active listings. The market is currently a strong seller's 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 Millstadt a buyer's or seller's market?
Millstadt, IL is currently a strong seller's market, based on 1.4 months of supply and homes selling in about 47 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
47
Average pace
Active listings
11
1.4 months supply
Sale-to-list
101.0%
Above asking
What does the Millstadt housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $429,500 |
| Median list price | $340,000 |
| Year-over-year price change | -19.0% |
| Average days on market | 47 days |
| Active inventory | 11 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 101.0% |
| Median price per sq ft | $159/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 7 |
| Listings with a price cut | 9.1% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Millstadt by property type?
How the Millstadt, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $429,500 | $159/sq ft | 8 | 47 days |
| Townhouse | $230,000 | $171/sq ft | 1 | 19 days |
Source: Redfin · Updated monthly
The Millstadt housing market is currently classified as a strong seller's market with a median sale price of $429,500. Prices have fallen 19.0% compared to last year, with homes spending an average of 47 days on market, indicating 1.4 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 3.2x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Millstadt
There are currently 11 homes listed for sale in Millstadt, Illinois. The median listing price is $340K.
Active listings
11
Homes on market
Median list price
$340K
Avg. days on market
47
Days until sale
New this week
7
Newly listed
Who lives in Millstadt?
Population
4,013
Median income
$94,536/yr
Median age
46.3 years
Owner-occupied
82.6%
College grads
32.0%
Avg commute
22.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Millstadt?
Zillow home value
$301,579
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in Millstadt?
Millstadt is a community of approximately 4K residents with a median age of 46.3 years.The median household income is $94,536, which reflects a relatively affluent area with strong earning potential. 32.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 82.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Millstadt offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Millstadt?
2 schools tracked · 692 students
The largest public schools serving Millstadt, IL 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.
Millstadt Consolidated School
Grades 3-8 · 460 students
Millstadt Primary Center
Grades PK-2 · 232 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 Millstadt, IL?
Want a head-to-head view? Compare Millstadt side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Millstadt?
The median home sale price in Millstadt is $429,500, down 19.0% from last year.
How long do homes stay on market in Millstadt?
Homes typically spend 47 days on market before going under contract.
What is the median income in Millstadt?
The median household income is $94,536 per year.
Is Millstadt a buyer's or seller's market?
With 1.4 months of supply, Millstadt is currently a strong seller's market.
What is the Zillow home value estimate for Millstadt?
The Zillow Home Value Index (ZHVI) for Millstadt is $301,579, representing the typical home value in the area.
How much does a single-family home cost in Millstadt?
The median single-family home price in Millstadt, IL is $429,500 (about $159 per square foot).
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