Milltown, NJ housing market
The typical Milltown home is worth about $618,000, up 7% in a year, 7% above the New Jersey typical home. Homes typically sell in 55 days, a little above asking.
Home values, sales, trends and how Milltown compares with the towns next door — updated as new data is published.
Milltown at a glance
A seller's market
Supply is tight — about 2.6 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Milltown | New Jersey |
|---|---|---|
| 2017 | $341,000 | $317,000 |
| 2018 | $351,000 | $330,000 |
| 2019 | $360,000 | $343,000 |
| 2020 | $381,000 | $358,000 |
| 2021 | $406,000 | $394,000 |
| 2022 | $444,000 | $441,000 |
| 2023 | $468,000 | $471,000 |
| 2024 | $515,000 | $511,000 |
| 2025 | $570,000 | $551,000 |
| 2026 | $604,000 | $568,000 |
| August 2026 | $618,000 | $580,000 |
Milltown and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Milltown | $618K | +7% | 55 | $140,960 |
| East Brunswick | $639K | +3.9% | — | $143,343 |
| North Brunswick | $549K | +1.7% | — | $120,764 |
4.4 years of income
The typical Milltown home costs about 4.4 years of the town's median household income, less than across New Jersey (5.6 years).
How Milltown ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
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. Listings link to their publishers.