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Housing in Milmay

A typical Milmay home is worth about $404,000

About the same as a year ago, 30% below the New Jersey typical home.

Typical home value
$404K
▲ 0.4% in a year · NJ $580K
Zillow
Median sale price
$539K
May 2026 · Redfin
Homes sold
1
in May · 4 for sale
2-bedroom rent
$1,710
a month, utilities in · HUD
Median tax bill
$6,696
NJ $9,590

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Milmay?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 6.6 years of income

More than across New Jersey (5.6 years). Try your own numbers below.

You could afford about
$200,000
Typical Milmay home $404K

That’s $204K short of a typical Milmay home.

The typical home, each month
$2,880
Loan $2,000Tax $760Insurance $120

A two-bedroom rents for about $1,710 a month here, $1,170 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Milmay’s typical property tax (2.27% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home values since 2023

Typical home value by month.

MilmayNew Jersey
$350K$400K$450K$500K$550K$600K20242026
Show as a table
JanuaryMilmayNew Jersey
2024$389,000$511,000
2025$407,000$551,000
2026$394,000$568,000
August 2026$404,000$580,000
Then & now

A typical Milmay home worth $389K in December 2023 is worth about $404K today.

+$14K
+0.4%
past year
+3.7%
since 2023

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Renting

A two-bedroom rents for about $1,710

Renters already here pay a median of $1,188, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,250
1 bedroom$1,400
2 bedrooms$1,710
3 bedrooms$2,350
4 bedrooms$2,510
21%
of households rent · NJ 36%
63
renter households
$1,188
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Atlantic City-Hammonton, NJ HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

80% of Milmay households own their home

Half of Milmay’s homes were built before 1975.

Owners and renters
Own 80%Rent 21%

New Jersey: 64% own.

1975
typical home built · NJ 1970
$6,696
median property tax bill · NJ $9,590
2.27%
of a home’s value, a year in tax · NJ 2.11%

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

Next door

Milmay vs. its neighbors

Milmay is the priciest of 4 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Milmay$404K+0.4%$1,710—$61,250
Buena Vista$227K*—$1,7106$87,581
Maurice River$221K*—$1,6601$76,964
East Vineland$302K*+4.5%†$1,590—$99,954

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Milmay buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Milmay still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

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 calculator is an estimate, not a loan offer.

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