Milmay, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 10 transactions over the past year in Milmay. The median value for residential home transactions that occurred over the previous year is $442,200. The number of current listings in Milmay is 15, and the percentage of properties for sale in the city is 71.43%. Milmay, NJ currently has 6 properties in foreclosure, 2 bank owned properties, 1 properties headed for auction, and 15 properties for sale.
Milmay, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 08340 | $ 464,600 $ 238/sqft |
Housing Market Summary for Milmay, NJ
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $0 | $486.6K | - |
| Median Sold Price | $447.2K | $486.6K | 8.82% |
| Homes For Sale | 0 | 14 | - |
| Homes Sold | 6 | 4 | -33.33% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Milmay, NJ
Browse Homes in Milmay, NJ
Milmay home values range from $118,300 to $1,248,000. The median estimated value of a home in Milmay is $442,200. The median list price of a home is 509,900, and the total count of properties in the city is 324.
- Pre-ForeclosurePre-foreclosure homes account for 0.93% of all residential properties in Milmay, NJ with 08340 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Milmay, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $464,600 in 08340 to the lowest home value of $391,700 in 08340.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Milmay, NJ ranges from the highest value of $450,500 in 08340 to the lowest value of $369,000 in 08340. Bank owned homes and properties account for 0.62% of properties in Milmay, NJ. There is 1 zips within Milmay, NJ; 08340 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08340 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Milmay, NJ. Auction homes and other auction properties account for 0.31% of all properties in Milmay, NJ. There is 1 zips within Milmay, NJ; of that zips, the median estimated home value for homes going to auction ranges from $479,900 in 08340 to the lowest value of $479,900 in 08340.