Housing · Milton

Milton, IN housing market

The typical Milton home is worth about $219,000, up 5.8% in a year, 16% below the Indiana typical home.

Home values, sales, trends and how Milton compares with the towns next door — updated as new data is published.

The market right now

Milton at a glance

Typical home value
$219K
▲ 5.8% in a year · Zillow
Median sale price
$291K
May 2026 · Redfin
Homes sold
2
in May · 2 for sale

Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

MiltonIndiana
$100K$150K$200K$250K$300K 20182020202220242026 Milton $219K Indiana $260K
Show as a table
JanuaryMiltonIndiana
2017$109,000$135,000
2018$114,000$144,000
2019$121,000$154,000
2020$124,000$164,000
2021$144,000$183,000
2022$162,000$209,000
2023$174,000$227,000
2024$180,000$237,000
2025$198,000$249,000
2026$214,000$256,000
August 2026$219,000$260,000
The homes

Owners, rent & taxes

Homeownership
79.9%
Median tax bill
$722
Median rent
$686
Typical home built
1938

U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $960

HUD's Fair Market Rent for a two-bedroom in Milton is $960 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Milton pay a median of $686, so moving in tends to cost more than staying put.

1 bedroom
$740
a month, with utilities
2 bedrooms
$960
a month, with utilities
3 bedrooms
$1,190
a month, with utilities

Studio $700 · 4 bedrooms $1,270

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (47327, 47357; Fayette County, IN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

The coffee’s on

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01