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Millstadt-towerPhoto: MattHucke · CC BY-SA 3.0
Housing in Millstadt

52 homes sold in Millstadt in the last year, at a typical $293K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Millstadt homes are listed.

Homes sold
52
June 2025 to May 2026
Typical sale price
$293K
median, weighted by sales
Price per square foot
$145
Illinois $193
Paid vs. asking
100.8%
46% sold over asking
For sale now
11
May 2026 · 8 sold that month
What sold · last 12 months

Houses are 96% of Millstadt’s sales, at a typical $294K

52 homes sold in the year to May 2026.

Houses$294K

typical sale · 50 sold in 12 months

Per square foot
$146IL $180
Days to sell
42
Sold over asking
48%
Listings with a price cut
16%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $350K
Townhouses: 1 sold, typical $230K

Too few sales in 12 months for reliable figures.

13 years of sales

About as many homes sell as usual, at 1.7 times the 2016 price

52 sales in the last year, against 60 in 2021 and a low of 35 in 2013. The typical sale went from $177K in 2016 to $293K.

Homes soldTypical sale price
0255075100$175K$250K$325K$400K2013: 35 sold, typical $169K’132014: 40 sold, typical $173K2015: 52 sold, typical $143K’152016: 52 sold, typical $177K2017: 56 sold, typical $174K’172018: 53 sold, typical $174K2019: 51 sold, typical $169K’192020: 48 sold, typical $206K2021: 60 sold, typical $208K’212022: 60 sold, typical $208K2023: 49 sold, typical $248K’232024: 41 sold, typical $310K2025: 41 sold, typical $262K’25Last 12 months: 52 sold, typical $293KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Millstadt

Houseat $146 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Millstadt homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 13 years of sales

Bidding wars in Millstadt are more common than before the pandemic, but 17% fewer homes come up for sale

We read every month of Millstadt’s home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 52 sales.

If you’re buying in Millstadt

  • Shop in May. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
  • Less room to haggle. Only 16% of listings cut their price, against 21% before the pandemic.
  • Bid near asking. Buyers paid 100.8% of the list price on average; 46% paid over.
Best time to buy

Spring brings the homes; fall brings the bidding wars

May has the most new listings (about 6 a month), but September is the most competitive: 37% of September sales close over asking. February has the least competition (10%).

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 2 new listings a month, 19% sold over asking, 121 days to sellJFeb: 4 new listings a month, 10% sold over asking, 100 days to sellFMar: 4 new listings a month, 20% sold over asking, 86 days to sellMApr: 4 new listings a month, 24% sold over asking, 84 days to sellAMay: 6 new listings a month, 20% sold over asking, 73 days to sellMJun: 5 new listings a month, 33% sold over asking, 67 days to sellJJul: 6 new listings a month, 30% sold over asking, 66 days to sellJAug: 5 new listings a month, 33% sold over asking, 70 days to sellASep: 5 new listings a month, 37% sold over asking, 75 days to sellSOct: 5 new listings a month, 31% sold over asking, 59 days to sellONov: 3 new listings a month, 32% sold over asking, 61 days to sellNDec: 3 new listings a month, 13% sold over asking, 78 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Illinois

Millstadt now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price46%16%43%37%
Gone within two weeksShare of homes under contract within 14 days———46%
Listings with a price cutShare of homes for sale that cut their price16%21%17%19%
Price paid vs. askingAverage sale price ÷ list price100.8%96.8%99.3%99.2%
Days to sellMedian days from listing to contract48875549
Supply

14 homes for sale on a typical day

That’s twice the 2023 low (7), 17% fewer than in 2017–19 and well under 2016’s 19.

2013: 11 for sale’132014: 15 for sale2015: 17 for sale2016: 19 for sale’162017: 15 for sale2018: 18 for sale2019: 16 for sale’192020: 13 for sale2021: 10 for sale2022: 8 for sale’222023: 7 for sale2024: 9 for sale2025: 12 for sale’25Last 12 months: 14 for saleNow
Room to negotiate

1 in 6 listings has cut its price

16% in the last year, against 21% in 2017–19 and 19% across Illinois.

2016: 22%’162017: 22%2018: 22%2019: 20%’192020: 23%2021: 17%2022: 29%’222023: 33%2024: 22%2025: 17%’25Last 12 months: 16%Now

Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Millstadt home costs about $2,024 a month

Mortgage
Property tax
Insurance
Rent

Price: Millstadt’s typical sale, last 12 months. Property tax at Millstadt’s 2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Millstadt is affordable on local pay is on Cost of living.

Before you buy in Millstadt

Six things worth knowing

6

New listings in May

The month with the most choice. January has the fewest, about 2.

Best time to buy
2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $293K home, about $5,950 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Millstadt, from test results, graduation and how much students grow.

Schools in Millstadt
21 min

Typical commute

The average one-way trip to work for people who live in Millstadt.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Smithton, Belleville, Dupo and Swansea sell for less a square foot

The busier markets within 25 miles of Millstadt, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Belleville698$153K$10338%43
Swansea188$284K$12936%42
Waterloo165$314K$16035%43
Columbia114$325K$15732%42
Dupo57$171K$10732%56
Millstadt52$293K$14546%48
Smithton48$329K$14044%57

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Millstadt, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Millstadt. People who follow the town see it, and so do people comparing Millstadt with their own town. No commission, no listing fee.

Questions about buying a home in Millstadt

What do homes sell for in Millstadt, IL?

52 homes sold in the year to May 2026 at a typical $293K, $145 a square foot.

Is Millstadt a buyer’s or seller’s market?

A seller’s market: 11 homes were for sale in May 2026 and 8 sold, about 1.4 months of supply. Buyers paid 100.8% of asking on average, and 16% of listings cut their price.

When is the best time to buy in Millstadt?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Millstadt?

About 2% of a home’s value a year. On a $293K home that’s near $5,950.

Where can I see homes for sale in Millstadt?

Zillow, Redfin, Realtor.com and Homes.com all carry Millstadt’s MLS listings; the search links above open each one filtered to Millstadt.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).