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Featured local agent — Millvale, PA
Sarah Mitchell
Compass Real Estate · Millvale, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Millvale, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$160,000median sale price
How is the Millvale, PA housing market right now?
The median home sale price in Millvale, PA is $160,000, up 28.0% year-over-year. Homes sell in an average of 187 days with 7 active listings. The market is currently a leaning buyer's. (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 Millvale a buyer's or seller's market?
Millvale, PA is currently a leaning buyer's, based on 3.5 months of supply and homes selling in about 187 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
187
Average pace
Active listings
7
3.5 months supply
Sale-to-list
94.0%
Below asking
What does the Millvale housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $160,000 |
| Median list price | $115,000 |
| Year-over-year price change | +28.0% |
| Average days on market | 187 days |
| Active inventory | 7 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 94.0% |
| Median price per sq ft | $94/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 3 |
| Listings with a price cut | 14.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Millvale by property type?
How the Millvale, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $160,000 | $94/sq ft | 2 | 187 days |
Source: Redfin · Updated monthly
The Millvale housing market is currently classified as a leaning buyer's with a median sale price of $160,000. Prices have risen 28.0% compared to last year, with homes spending an average of 187 days on market, indicating 3.5 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 1.9x provides context for how home values compare to local earning capacity.
Homes for sale in Millvale
There are currently 7 homes listed for sale in Millvale, Pennsylvania. The median listing price is $115K.
Active listings
7
Homes on market
Median list price
$115K
Avg. days on market
187
Days until sale
New this week
3
Newly listed
Who lives in Millvale?
Population
3,333
Median income
$69,936/yr
Median age
40.1 years
Owner-occupied
42.1%
College grads
28.2%
Avg commute
19.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Millvale?
Zillow home value
$134,663
Zillow rent index
$1,135/mo
Price-to-rent ratio
9.9x
Price-to-income
1.9x
Source: Zillow Research
What is it like to live in Millvale?
Millvale is a community of approximately 3K residents with a median age of 40.1 years.The median household income is $69,936, which represents a working-class community with solid middle-income opportunities. 28.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 42.1%, showing a blend of owner and renter-occupied properties. The average commute time is 19.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Millvale offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Millvale, PA?
Want a head-to-head view? Compare Millvale side-by-side with any other U.S. city using our market-comparison tool.
Is Millvale a good real estate investment market?
For investors evaluating Millvale, the price-to-rent ratio of 9.9x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 28.0% 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 Millvale's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Millvale's median home price.
Frequently asked questions
What is the average home price in Millvale?
The median home sale price in Millvale is $160,000, up 28.0% from last year.
How long do homes stay on market in Millvale?
Homes typically spend 187 days on market before going under contract.
What is the median income in Millvale?
The median household income is $69,936 per year.
Is Millvale a buyer's or seller's market?
With 3.5 months of supply, Millvale is currently a leaning buyer's.
What is the Zillow home value estimate for Millvale?
The Zillow Home Value Index (ZHVI) for Millvale is $134,663, representing the typical home value in the area.
How much does a single-family home cost in Millvale?
The median single-family home price in Millvale, PA is $160,000 (about $94 per square foot).
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