Housing in Milmay, NJ

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

Housing Market Snapshot

Source: Redfin — September 2025

Median Sale Price

$425,000

Median List Price

N/A

Price Per Sq Ft

$201

Days on Market

23

Active Inventory

3

Months of Supply

3.0

Seller's market

Zillow Home Value

$377,662

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 5.6%List Price 22.3%Oct 24Sep 25

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Sale-to-List Ratio

101.2%

Seller's market

Sold Above Asking
100.0%
Listings with Price Drops
33.3%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold 50.0%New Listings 100.0%Pending 0.0%Oct 24Sep 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$201

Sale $/SF 24.7%List $/SF 59.6%Oct 24Sep 25

Milmay vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Milmay 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

$235,600

Median Rent

$1,247

Total Housing Units

473

Vacancy Rate

0.0%

Owner Occupied

79.1%

Renter Occupied

20.9%

Median Property Tax

$6,556

per year

Monthly Cost (w/ Mortgage)

$1,233

Housing Types

Single Family
95.8%
Multi-Family
4.2%
Mobile Home
0.0%

The current median sale price in Milmay, NJ is $425,000 according to Redfin data. Homes spend a median of 23 days on the market. 100.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $201. The median rent is $1,247 per month (Census ACS). About 79.1% of housing units are owner-occupied. The median year homes were built is 1971. There are 473 total housing units.