Millbrook, NY is an affluent area with a median housing value of $556,200, significantly higher than the US median of $338,100. In the past year alone, the appreciation rate for homes in Millbrook has increased by 10.37%, more than the US average of 8.27%. This reflects a strong demand for housing and suggests Millbrook as a desirable place to live.
The median home cost in Millbrook is $556,200. Home appreciation the last 10 years has been 71.1%. Home Appreciation in Millbrook is up 14.0%.
Average Age of Homes
- The median age of Millbrook real estate is 54 years old
The Rental Market in Millbrook
- Renters make up 49.0% of the Millbrook population
- 4.9% of houses and apartments in Millbrook, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.