Millbrook Housing Market Report February 2025•Elmore County, Alabama

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Housing Prices in Millbrook, AL

How much do homes in Millbrook, AL cost?

Housing Market Conditions

Is Millbrook, AL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Millbrook is a Seller's Market

Difference Since February 2024

Since last year, Millbrook has remained a Seller's Market.

Insight

Millbrook is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$246,333$140/SqFt
+$11,333
+4.8%

Based on all homes sold in the last 12 months

Insight

Homes in Millbrook have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Millbrook was $246,333 in February 2025, up 4.8% from last year, and the median price per square foot was $140.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Prattville
+5.3%
Millbrook
+4.8%
Deatsville
+2.4%
Elmore
+2.3%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2$137K$139.9K
+2.1%
3$199.9K$224K
+12.1%
4$273.4K$299.2K
+9.4%
5$370K$409K
+10.5%

Summary: Millbrook housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +2.1%. The home price for 3 bedroom homes increased by +12.1%. The home price for 4 bedroom homes increased by +9.4%. The home price for 5 bedroom homes increased by +10.5%.

How does Millbrook, AL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Millbrook, AL

Housing supply in Millbrook, AL

How many homes are available in Millbrook, AL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
66Last MonthFeb 2025
602 months agoJan 2025
+10.0 %
Change MoMJan – Feb

Summary: The Millbrook real estate market had 66 homes for sale in Feb 2025, a 10.0 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
14Last MonthFeb 2025
162 months agoJan 2025
-12.5 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
223
+50.0%
33330
-9.1%
42129
+38.1%
544
0.0%

Summary: Millbrook housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes decreased by -9.1%. The inventory for 4 bedroom homes increased by +38.1%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Millbrook, AL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price5 Homes

Under Asking Price6 Homes

Insight

If you're buying a home in Millbrook, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Millbrook in February 2025, down by 12.5% month-over-month. Of the 14 sold homes, 43% were sold under asking, 36% were sold at asking, and and 21% were sold over asking.

Days on Market for Millbrook, AL

How long does it take to sell a home in Millbrook, AL?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days9 Homes

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in Millbrook has remained consistent over time.

Summary: During February 2025, 14 homes were sold in Millbrook; 29% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
47 DaysThis YearFeb 2025
65 Days1 year agoFeb 2024
-28.0 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Millbrook had an average listing age of 47 days in Feb 2025, down by 28.0% compared to the previous year.

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Newest Listings in Millbrook, AL

What homes are available in Millbrook, AL?

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MLS Disclaimers and Copyright

Based on information from Montgomery Area Association of Realtors MLS, and Greater Alabama MLS for the period 03/01/2023 - 03/01/2025

IDX Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2025 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.