Milmay, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 7 transactions over the past year in Milmay. The median value for residential home transactions that occurred over the previous year is $374,024.67. The number of current listings in Milmay is 16, and the percentage of properties for sale in the city is 72.73%. Milmay, NJ currently has 6 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 16 properties for sale.

Milmay, NJ Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
08340

$ 451,950

$ 208/sqft

Housing Market Summary for Milmay, NJ

Jul 2025July 2026Change
Median Listing Price$425K$353.9K-16.73%
Median Sold Price$497.3K$353.9K-28.84%
Homes For Sale918100.00%
Homes Sold61-83.33%
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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%.

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Recently Sold Homes

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Browse Homes in Milmay, NJ

Milmay home values range from $99,022 to $970,500. The median estimated value of a home in Milmay is $374,024.67. The median list price of a home is 524,949.5, and the total count of properties in the city is 325.

Foreclosure
There is 1 zips within Milmay, NJ; within this zips, the median estimated home value for homes in foreclosure ranges from $381,607 in 08340 to the lowest value of $261,263 in 08340. Foreclosure homes account for 1.00% of properties in Milmay, NJ with 08340 containing 6 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.54% of all residential properties in Milmay, NJ with 08340 containing 5 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 $381,607 in 08340 to the lowest home value of $261,263 in 08340.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Milmay, NJ ranges from the highest value of $299,000 in 08340 to the lowest value of $299,000 in 08340. Bank owned homes and properties account for 0.31% of properties in Milmay, NJ. There is 1 zips within Milmay, NJ; 08340 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 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% 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 $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 4.92% of residential properties in Milmay, NJ with 08340 containing 16 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Milmay, NJ; homes for sale in that zips, have a range of median values from $970,500 in 08340 to the lowest value of $169,447 in 08340.
    Sold Homes
    The median value for recently sold homes ranges from $326,746 in 08340 to the lowest price of $326,746 in 08340. There is 1 zips within Milmay, NJ. 08340 has 1 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.31% of properties in Milmay, NJ.

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