Photo: Freeholdman12 · CC BY-SA 4.078 homes sold in Milltown in the last year, at a typical $577K
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 Milltown homes are listed.
Every place Milltown homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Milltown.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 97% of Milltown’s sales, at a typical $575K
78 homes sold in the year to May 2026.
typical sale · 76 sold in 12 months
- Per square foot
- $374NJ $331
- Days to sell
- 68
- Sold over asking
- 72%
- Listings with a price cut
- 17%
Multi-family (2–4 units): 2 sold, typical $690K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.9 times the 2016 price
78 sales in the last year, against 119 in 2021 and a low of 54 in 2012. The typical sale went from $308K in 2016 to $577K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $600K buys in Milltown
Check a listing against what Milltown 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.
Bidding wars in Milltown are more common than before the pandemic, but 55% fewer homes come up for sale
We read every month of Milltown’s home sales since 2012 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, 78 sales.
If you’re buying in Milltown
- Shop in March. It brings about 10 new listings a month, close to the busiest month, with fewer bidding wars (38% over asking).
- Some room to negotiate. 17% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 101.9% of the list price on average; 72% paid over.
- You’ll usually have time. Only 41% of homes go under contract within two weeks; the typical one takes 68 days.
Spring brings the homes; fall brings the bidding wars
April has the most new listings (about 12 a month), but September is the most competitive: 52% of September sales close over asking. February has the least competition (29%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than New Jersey
| Milltown now | 2017–19 | 2021 peak | NJ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 72% | 20% | 63% | 48% |
| Gone within two weeksShare of homes under contract within 14 days | 41% | 15% | 5% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 17% | 19% | 10% | 17% |
| Price paid vs. askingAverage sale price ÷ list price | 101.9% | 97.4% | 101.9% | 101.2% |
| Days to sellMedian days from listing to contract | 68 | 114 | 79 | 45 |
15 homes for sale on a typical day
That’s 55% fewer than in 2017–19 and well under 2016’s 43.
1 in 6 listings has cut its price
17% in the last year, against 19% in 2017–19 and 17% across New Jersey.
Milltown ranks 24th of 299 busy New Jersey markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Milltown is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Five things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 4.
Best time to buySchools
The schools grade for Milltown, from test results, graduation and how much students grow.
Schools in MilltownTypical commute
The average one-way trip to work for people who live in Milltown.
Work & commuteCheck 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 hazardsLook 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.
New Brunswick, South River, Highland Park, East Franklin and Helmetta sell for less a square foot
The busier markets within 25 miles of Milltown, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| New Brunswick | 189 | $457K | $323 | 47% | 90 |
| South River | 110 | $506K | $347 | 61% | 74 |
| Highland Park | 88 | $575K | $341 | 57% | 79 |
| Spotswood | 83 | $494K | $363 | 48% | 71 |
| Milltown | 78 | $577K | $372 | 72% | 68 |
| East Franklin | 53 | $486K | $330 | 55% | 47 |
| Helmetta | 52 | $414K | $305 | 40% | 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.
Post your home to Milltown, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Milltown. People who follow the town see it, and so do people comparing Milltown with their own town. No commission, no listing fee.
Questions about buying a home in Milltown
What do homes sell for in Milltown, NJ?
78 homes sold in the year to May 2026 at a typical $577K, $372 a square foot.
Is Milltown a buyer’s or seller’s market?
A seller’s market: 13 homes were for sale in May 2026 and 5 sold, about 2.6 months of supply. Buyers paid 101.9% of asking on average, and 17% of listings cut their price.
When is the best time to buy in Milltown?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Milltown?
Zillow, Redfin, Realtor.com and Homes.com all carry Milltown’s MLS listings; the search links above open each one filtered to Milltown.
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).