Milltown, NJ

Buyer's market+26.3% YoY

Housing market overview · Updated weekly

$600,000median sale price

Homes sold

3

Last 12 weeks

Days on market

96

Average pace

Active listings

16

5.3 months supply

Sale-to-list

95.6%

Below asking

The Milltown housing market is currently classified as a buyer's market with a median sale price of $600,000. Prices have risen 26.3% compared to last year, with homes spending an average of 96 days on market, indicating 5.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Milltown

There are currently 16 homes listed for sale in Milltown, New Jersey. The median listing price is $650K.

Active listings

16

Homes on market

Median list price

$650K

Avg. days on market

96

Days until sale

New this week

7

Newly listed

Price drops:6.3%of listings
Sale-to-list:95.6%

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Frequently asked questions

What is the average home price in Milltown?

The median home sale price in Milltown is $600,000, up 26.3% from last year.

How long do homes stay on market in Milltown?

Homes typically spend 96 days on market before going under contract.

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

With 5.3 months of supply, Milltown is currently a buyer's market.

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