The median value of housing in 07946 Millington, NJ is $678,100, which is significantly more than the US House Median Value of $338,100. Despite this wide gap in pricing between the two markets, the appreciation rate for houses in Millington has remained lower than the US average over the past year; House 1 year appreciation in Millington is 6.48%, compared to 8.27% nationally. This suggests that while housing prices may be on the high side in Millington relative to other areas of the country, they remain within a competitive range and have been relatively stable over time.
The median home cost in Millington (zip 07946) is $678,100. Home appreciation the last 10 years has been 44.3%. Home Appreciation in Millington (zip 07946) is up 12.1%.
Average Age of Homes
- The median age of Millington (zip 07946) real estate is 50 years old
The Rental Market in Millington (zip 07946)
- Renters make up 0.9% of the Millington (zip 07946) population
- 0.0% of houses and apartments in Millington (zip 07946), 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.