Milltown, NJ is a desirable place to live due to its high median housing value of $462,300. Compared to the US median value of $338,100, Milltown's housing is more valuable. Furthermore, the appreciation for homes in Milltown over the last year has been 10.79%, much higher than the overall US house appreciation of 8.27%. This demonstrates that not only are homes more valuable in Milltown than across the United States as a whole, but they are also increasing in value at an accelerated rate.
The median home cost in Milltown is $462,300. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Milltown is up 15.1%.
Average Age of Homes
- The median age of Milltown real estate is 59 years old
The Rental Market in Milltown
- Renters make up 19.8% of the Milltown population
- 0.0% of houses and apartments in Milltown, 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.