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Featured local agent — Milton, WA
Sarah Mitchell
Compass Real Estate · Milton, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Milton, WA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$575,000median sale price
How is the Milton, WA housing market right now?
The median home sale price in Milton, WA is $575,000, down 13.5% year-over-year. Homes sell in an average of 11 days with 16 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 Milton a buyer's or seller's market?
Milton, WA is currently a strong seller's market, based on 1.8 months of supply and homes selling in about 11 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
11
Fast-moving
Active listings
16
1.8 months supply
Sale-to-list
100.2%
Above asking
What does the Milton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $575,000 |
| Median list price | $750,000 |
| Year-over-year price change | -13.5% |
| Average days on market | 11 days |
| Active inventory | 16 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 100.2% |
| Median price per sq ft | $375/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 11 |
| Listings with a price cut | 31.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Milton by property type?
How the Milton, WA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $575,000 | $375/sq ft | 9 | 11 days |
| Condo / Co-op | $370,000 | $315/sq ft | 1 | 65 days |
| Townhouse | $385,000 | $319/sq ft | 1 | 15 days |
Source: Redfin · Updated monthly
The Milton housing market is currently classified as a strong seller's market with a median sale price of $575,000. Prices have fallen 13.5% compared to last year, with homes spending an average of 11 days on market, indicating 1.8 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 6.4x provides context for how home values compare to local earning capacity.
Homes for sale in Milton
There are currently 16 homes listed for sale in Milton, Washington. The median listing price is $750K.
Active listings
16
Homes on market
Median list price
$750K
Avg. days on market
11
Days until sale
New this week
11
Newly listed
Who lives in Milton?
Population
8,747
Median income
$89,804/yr
Median age
38.1 years
Owner-occupied
58.3%
College grads
22.8%
Avg commute
29.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Milton?
Zillow home value
$578,401
Zillow rent index
$2,136/mo
Price-to-rent ratio
22.6x
Price-to-income
6.4x
Source: Zillow Research
What is it like to live in Milton?
Milton is a community of approximately 9K residents with a median age of 38.1 years.The median household income is $89,804, which reflects a relatively affluent area with strong earning potential. 22.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 58.3%, showing a blend of owner and renter-occupied properties. The average commute time is 29.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Milton offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Milton?
2 schools tracked · 1,140 students
The largest public schools serving Milton, WA 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.
Surprise Lake Middle School
Grades 6-7 · 667 students
Discovery Primary School
Grades PK-2 · 473 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 Milton, WA?
Want a head-to-head view? Compare Milton side-by-side with any other U.S. city using our market-comparison tool.
Is Milton a good real estate investment market?
For investors evaluating Milton, the price-to-rent ratio of 22.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 13.5% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Milton's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Milton's median home price.
Frequently asked questions
What is the average home price in Milton?
The median home sale price in Milton is $575,000, down 13.5% from last year.
How long do homes stay on market in Milton?
Homes typically spend 11 days on market before going under contract.
What is the median income in Milton?
The median household income is $89,804 per year.
Is Milton a buyer's or seller's market?
With 1.8 months of supply, Milton is currently a strong seller's market.
What is the Zillow home value estimate for Milton?
The Zillow Home Value Index (ZHVI) for Milton is $578,401, representing the typical home value in the area.
What is the median condo price in Milton?
The median condo/co-op sale price in Milton, WA is $370,000, compared to $575,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Milton?
The median single-family home price in Milton, WA is $575,000 (about $375 per square foot).
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