Milmay, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 6 transactions over the past year in Milmay. The median value for residential home transactions that occurred over the previous year is $450,000. The number of current listings in Milmay is 17, and the percentage of properties for sale in the city is 17.00%. Milmay, NJ currently has 7 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 17 properties for sale.
Milmay, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 08340 | $ 450,000 $ 199/sqft |
Housing Market Summary for Milmay, NJ
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $549.9K | $500K | -9.07% |
| Median Sold Price | $506.2K | $246.8K | -51.24% |
| Homes For Sale | 10 | 17 | 70.00% |
| Homes Sold | 8 | 2 | -75.00% |
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 $171,281 to $970,500. The median estimated value of a home in Milmay is $450,000. The median list price of a home is 499,999, and the total count of properties in the city is 33.
- Pre-ForeclosurePre-foreclosure homes account for 18.18% of all residential properties in Milmay, NJ with 08340 containing 6 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 $377,011 in 08340 to the lowest home value of $217,815 in 08340.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Milmay, NJ ranges from the highest value of $302,751 in 08340 to the lowest value of $302,751 in 08340. Bank owned homes and properties account for 3.03% 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.
- AuctionsN/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.
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Guide for Milmay, NJ
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
