Home ValuePros

Market Intelligence · NJ / Monmouth County

Millstone Township, NJ home prices and housing market

2 ZIP markets liveData updated September 2026Typical value$964K1-yr changeUp8.0%

The typical home value in Millstone Township, NJ is $964K as of September 2026, up 8.0% from a year ago, based on the Zillow Home Value Index. In the typical Millstone Township ZIP code, the median list price is $1.57M and homes spend a median of 70 days on market as of September 2026 (Realtor.com).

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The coverage

Millstone Township, by the numbers.

Typical home valueZillow ZHVI, September 2026
$964K
1-yr changeMedian across Millstone Township ZIPs
+8.0%
ZIP markets live
2
County
Monmouth County

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12-month value trend

+8.0% over 12 months

Typical home value in Millstone Township over the last 12 months: $892K in Sep 2025 to $964K in Sep 2026 (+8.0%).

Sep 2025$892K

Sep 2026$964K

Median Zillow home value index across Millstone Township's ZIP codes.

Context

Millstone Township's housing market shows steady appreciation, with typical home values at $978,698, up 7.5% over the past year as of August 2026. The median list price sits at $1,572,500, reflecting a market skewed toward higher-end properties. As of September 2026, there are 26 homes for sale with a median time of 70 days on market. Only 4 new listings entered the market that month, and just 2.9% of active listings have seen price cuts. For homeowners considering a sale, the combination of limited inventory and modest price reductions suggests a market where buyers are selective but where well-maintained homes can still find their audience.

The numbers

What is the housing market like in Millstone Township, NJ?

Typical home value

$964K

Up8.0%YoY

Median list price

$1.57M

Days on market

70

Homes for sale

26

Price cuts

2.9%

New listings

4

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Millstone Township's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Millstone Township, NJ home prices over time

Typical home values in Millstone Township, NJ are up 8.0% over the past year, from $892K in September 2025 to $964K in September 2026.

Typical home value in Millstone Township, NJ, September of each year
MonthTypical value1-yr change
September 2026$963,543+8.0%
September 2025$892,291No prior year

Typical value is the median Zillow Home Value Index across Millstone Township ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Millstone Township, NJ a buyer's or seller's market?

Millstone Township, NJ leans toward a buyer's market.

Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 70 days on market and 3% of listings with a price cut in the typical Millstone Township ZIP code, and 4 new listings against 26 active listings across Millstone Township, as of September 2026 (Realtor.com).

The outlook

Millstone Township housing market forecast 2027

+3.1%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 2 Millstone Township ZIP codes, points to typical home values rising 3.1% by September 2027.

Over the 12 months through September 2026, typical home values in Millstone Township rose 8.0%, per the Zillow Home Value Index.

Will home prices drop in Millstone Township?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Millstone Township shows typical home values rising 3.1% by September 2027, after a 8.0% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 2 Millstone Township ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Millstone Township?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

Local pros

Who are the top real estate agents in Millstone Township?

Top real estate agents in Millstone Township, NJ

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Common questions

Questions about Millstone Township, NJ home prices.

What is a typical home value in Millstone Township?

As of August 2026, the typical home value in Millstone Township is $978,698, representing a 7.5% increase over the past year.

How long do homes typically stay on the market in Millstone Township?

The median days on market is 70 days as of September 2026, indicating a moderate pace of sales activity.

How much inventory is available in Millstone Township?

As of September 2026, there are 26 homes for sale in Millstone Township, with 4 new listings that month and a median list price of $1,572,500.

Are home prices going up or down in Millstone Township, NJ?

Typical home values in Millstone Township, NJ are up 8.0% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Millstone Township, NJ a buyer's or seller's market?

Millstone Township, NJ leans toward a buyer's market. Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 70 days on market and 3% of listings with a price cut in the typical Millstone Township ZIP code, and 4 new listings against 26 active listings across Millstone Township, as of September 2026 (Realtor.com).

Nearby markets

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