The housing market in Milton, MA 02186 is quite expensive, with a median value of $889,000. This is substantially higher than the US median value of $338,100 and indicates that the housing market in Milton is much more costly than average. However, the appreciation rate for Milton's housing market has been lower than the national average over the past year; while the US appreciation rate was 8.27%, Milton's rate was 5.64%. This suggests that while property values are high compared to most other locations in the United States, they are not rising as quickly as in other places.
The median home cost in Milton (zip 02186) is $889,000. Home appreciation the last 10 years has been 104.4%. Home Appreciation in Milton (zip 02186) is up 10.6%.
Average Age of Homes
- The median age of Milton (zip 02186) real estate is 73 years old
The Rental Market in Milton (zip 02186)
- Renters make up 20.1% of the Milton (zip 02186) population
- 0.5% of houses and apartments in Milton (zip 02186), 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.