#22509637, Susan Marcrie, Listing Office: RE/MAX Innovation
Milltown Housing Market Report March 2025•Middlesex County, New Jersey
Housing Prices in Milltown, NJ
How much do homes in Milltown, NJ cost?
Housing Market Conditions
Is Milltown, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Milltown is a Seller's Market
Difference Since March 2024
At the same time last year, Milltown was a Buyer's Market.
Milltown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Milltown have sold for 15% more than they did a year ago.
Summary: The median home sold price in Milltown was $575,000 in March 2025, up 15% from last year, and the median price per square foot was $322.
Median Sold Price By Cities
City | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
East Brunswick | $537.2K | $620K | +15.4% |
East Brunswick Township | $540K | $622K | +15.2% |
Milltown | $500K | $575K | +15.0% |
North Brunswick | $430.3K | $484.7K | +12.6% |
North Brunswick Township | $430.3K | $484.7K | +12.6% |
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $330K | N/A |
22 Bedrooms | $369.9K | $420K | +13.5% |
33 Bedrooms | $457K | $510K | +11.6% |
44 Bedrooms | $540K | $675K | +25.0% |
55+ Bedrooms | $940K | $697K | -25.9% |
Summary: Milltown housing price by bedroom type for March 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 +13.5%. The home price for 3 bedroom homes increased by +11.6%. The home price for 4 bedroom homes increased by +25.0%. The home price for 5 bedroom homes decreased by -25.9%.
How does Milltown, NJ compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Milltown, NJ
Housing supply in Milltown, NJ
How many homes are available in Milltown, NJ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
23Last MonthMar 2025 | ||
172 months agoFeb 2025 | +35.3 % Change MoMFeb – Mar |
Summary: The Milltown real estate market had 23 homes for sale in Mar 2025, a 35.3 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
8Last MonthMar 2025 | ||
32 months agoFeb 2025 | +166.7 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 0 | -100.0% |
22 Bedrooms | 2 | 3 | +50.0% |
33 Bedrooms | 6 | 10 | +66.7% |
44 Bedrooms | 7 | 9 | +28.6% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Milltown housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +66.7%. The inventory for 4 bedroom homes increased by +28.6%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Milltown, NJ cost?
Over Asking Price4 Homes
At Asking Price0 Home
Under Asking Price4 Homes
If you're buying a home in Milltown, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Milltown in March 2025, up by 166.7% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.
Days on Market for Milltown, NJ
How long does it take to sell a home in Milltown, NJ?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days2 Homes
Over 90 Days1 Home
Many homes in Milltown are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 8 homes were sold in Milltown; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
36 DaysThis YearMar 2025 | ||
216 Days1 year agoMar 2024 | -83.1 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Milltown had an average listing age of 36 days in Mar 2025, down by 83.1% compared to the previous year.
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Newest Listings in Milltown, NJ
What homes are available in Milltown, NJ?
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MLS Disclaimers and Copyright
Based on information from ALL JERSEY MLS, and Monmouth Ocean Regional MLS for the period 04/01/2023 - 04/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 2:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 2:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.