Housing in Millburg, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$190,950

Median List Price

$75,625

Price Per Sq Ft

$132

Days on Market

33

Active Inventory

2

Months of Supply

1.0

Seller's market

Price Trends

Source: Redfin
Sale Price 33.0%List Price 47.8%May 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

99.1%

Buyer's market

Sold Above Asking
0.0%
Listings with Price Drops
50.0%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

2

Homes Sold 100.0%New Listings 100.0%Pending 200.0%May 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$132

Median List $/SF

$81

Sale $/SF 38.9%List $/SF 51.5%May 24Dec 25

Millburg vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Millburg is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$100,800

Median Rent

$1,297

Total Housing Units

226

Vacancy Rate

0.0%

Owner Occupied

88.5%

Renter Occupied

11.5%

Median Property Tax

$1,479

per year

Monthly Cost (w/ Mortgage)

$627

Housing Types

Single Family
82.3%
Multi-Family
0.0%
Mobile Home
17.7%

The current median sale price in Millburg, MI is $190,950 according to Redfin data. Homes spend a median of 33 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $132. The median rent is $1,297 per month (Census ACS). About 88.5% of housing units are owner-occupied. The median year homes were built is 1966. There are 226 total housing units.