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Featured local agent — Millville, NJ
Sarah Mitchell
Compass Real Estate · Millville, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Millville, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$277,500median sale price
How is the Millville, NJ housing market right now?
The median home sale price in Millville, NJ is $277,500, up 4.7% year-over-year. Homes sell in an average of 30 days with 95 active listings. The market is currently a balanced 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 Millville a buyer's or seller's market?
Millville, NJ is currently a balanced market, based on 3.7 months of supply and homes selling in about 30 days. How we determine this →
Homes sold
26
Last 12 weeks
Days on market
30
Average pace
Active listings
95
3.7 months supply
Sale-to-list
99.7%
Below asking
What does the Millville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $277,500 |
| Median list price | $260,000 |
| Year-over-year price change | +4.7% |
| Average days on market | 30 days |
| Active inventory | 95 listings |
| Months of supply | 3.7 months |
| Sale-to-list price ratio | 99.7% |
| Median price per sq ft | $177/sq ft |
| Homes sold (latest month) | 26 |
| New listings (latest month) | 47 |
| Listings with a price cut | 32.6% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Millville by property type?
How the Millville, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $277,500 | $183/sq ft | 24 | 30 days |
| Condo / Co-op | $290,000 | $453/sq ft | 1 | 37 days |
| Townhouse | $190,000 | $132/sq ft | 1 | 29 days |
Source: Redfin · Updated monthly
The Millville housing market is currently classified as a balanced market with a median sale price of $277,500. Prices have risen 4.7% compared to last year, with homes spending an average of 30 days on market, indicating 3.7 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 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Millville
There are currently 95 homes listed for sale in Millville, New Jersey. The median listing price is $260K.
Active listings
95
Homes on market
Median list price
$260K
Avg. days on market
30
Days until sale
New this week
47
Newly listed
Who lives in Millville?
Population
27,432
Median income
$67,190/yr
Median age
42.6 years
Owner-occupied
63.1%
College grads
18.5%
Avg commute
23.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Millville?
Zillow home value
$263,127
Zillow rent index
$1,562/mo
Price-to-rent ratio
14.0x
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Millville?
Millville is a community of approximately 27K residents with a median age of 42.6 years.The median household income is $67,190, which represents a working-class community with solid middle-income opportunities. 18.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 63.1%, showing a blend of owner and renter-occupied properties. The average commute time is 23.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Millville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Millville?
10 schools tracked · 6,492 students
The largest public schools serving Millville, NJ 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.
Millville High School
Grades 9-12 · 1,655 students
Cumberland County Technical Education Center
Grades 9-12 · 1,194 students
Lakeside Middle School
Grades 6-8 · 978 students
Child Family Center
Grades PK · 552 students
Silver Run Elementary School
Grades K-5 · 461 students
Holly Heights Elementary School
Grades K-5 · 436 students
Rieck Avenue Elementary School
Grades K-5 · 420 students
Millville Public Charter School
Grades K-8 · 328 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 Millville, NJ?
Want a head-to-head view? Compare Millville side-by-side with any other U.S. city using our market-comparison tool.
Is Millville a good real estate investment market?
For investors evaluating Millville, the price-to-rent ratio of 14.0x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 4.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Millville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Millville's median home price.
Frequently asked questions
What is the average home price in Millville?
The median home sale price in Millville is $277,500, up 4.7% from last year.
How long do homes stay on market in Millville?
Homes typically spend 30 days on market before going under contract.
What is the median income in Millville?
The median household income is $67,190 per year.
Is Millville a buyer's or seller's market?
With 3.7 months of supply, Millville is currently a balanced market.
What is the Zillow home value estimate for Millville?
The Zillow Home Value Index (ZHVI) for Millville is $263,127, representing the typical home value in the area.
What is the median condo price in Millville?
The median condo/co-op sale price in Millville, NJ is $290,000, compared to $277,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Millville?
The median single-family home price in Millville, NJ is $277,500 (about $183 per square foot).
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