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Featured local agent — Milltown, IN
Sarah Mitchell
Compass Real Estate · Milltown, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Milltown, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$226,950median sale price
How is the Milltown, IN housing market right now?
The median home sale price in Milltown, IN is $226,950, up 31.3% year-over-year. Homes sell in an average of 128 days with 1 active listings. The market is currently a 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 Milltown a buyer's or seller's market?
Milltown, IN is currently a seller's market, based on 0.5 months of supply and homes selling in about 128 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
128
Average pace
Active listings
1
0.5 months supply
Sale-to-list
98.2%
Below asking
What does the Milltown housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $226,950 |
| Year-over-year price change | +31.3% |
| Average days on market | 128 days |
| Active inventory | 1 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 98.2% |
| Median price per sq ft | $166/sq ft |
| Homes sold (latest month) | 2 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Milltown by property type?
How the Milltown, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $226,950 | $166/sq ft | 2 | 128 days |
Source: Redfin · Updated monthly
The Milltown housing market is currently classified as a seller's market with a median sale price of $226,950. Prices have risen 31.3% compared to last year, with homes spending an average of 128 days on market, indicating 0.5 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 3.7x provides context for how home values compare to local earning capacity.
Homes for sale in Milltown
There are currently 1 homes listed for sale in Milltown, Indiana.
Active listings
1
Homes on market
Avg. days on market
128
Days until sale
Who lives in Milltown?
Population
811
Median income
$58,419/yr
Median age
35.3 years
Owner-occupied
69.1%
College grads
8.5%
Avg commute
38.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Milltown?
Zillow home value
$217,896
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Milltown?
Milltown is a community of approximately 1K residents with a median age of 35.3 years.The median household income is $58,419, which represents a working-class community with solid middle-income opportunities. 8.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 69.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 38.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Milltown offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Milltown?
1 schools tracked · 254 students
The largest public schools serving Milltown, IN 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.
East Crawford Elementary School
Grades PK-5 · 254 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 Milltown, IN?
Want a head-to-head view? Compare Milltown side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Milltown?
The median home sale price in Milltown is $226,950, up 31.3% from last year.
How long do homes stay on market in Milltown?
Homes typically spend 128 days on market before going under contract.
What is the median income in Milltown?
The median household income is $58,419 per year.
Is Milltown a buyer's or seller's market?
With 0.5 months of supply, Milltown is currently a seller's market.
What is the Zillow home value estimate for Milltown?
The Zillow Home Value Index (ZHVI) for Milltown is $217,896, representing the typical home value in the area.
How much does a single-family home cost in Milltown?
The median single-family home price in Milltown, IN is $226,950 (about $166 per square foot).
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