Market Intelligence · NJ / Millstone Township

Millstone Township, NJ 08510 Housing Market

Homes in Millstone Township 08510 are worth $979,600 on average, up 7.7% over the past year. The median list price is $1,375,000, and homes typically spend 57 days on market.

Updated September 2026Median value$967K

The median home value in Millstone Township, NJ 08510 is $967K as of September 2026, up 8.2% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 08510 range

$890K to $1.04M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+8.2% over 12 months

Sep 2025$894K

Low $894KHigh $967K

Sep 2026$967K

The numbers

What is the 08510 housing market like?

As of September 2026

Typical home value

$967K

8.2%YoY

Median list price

$1.38M

0.7%MoM

Days on market

35.7%MoM

Homes for sale

7.1%MoM

Price cuts

5.7%

New listings

50.0%MoM

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

The outlook

08510 housing market forecast 2027

+3.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 08510 to rise 3.1% by September 2027.

Over the 12 months through September 2026, typical home values in 08510 rose 8.2%, per the Zillow Home Value Index.

Will home prices drop in 08510?

Zillow's forecast does not call for a drop: it expects typical home values in 08510 to rise 3.1% by September 2027, after a 8.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 08510 home prices compare?

08510$967,286
Millstone Township$963,543
New Jersey$575,161
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Millstone Township: 2 ZIPs; New Jersey: 547 ZIPs; United States: 26,262 ZIPs).

Context

The township has 15 homes for sale as of September 2026, with 2 new listings entering the market. The median list price of $1,375,000 reflects the area's upscale character, while the 57-day median time on market shows homes are taking a moderate period to sell. Only 5.7% of listings have seen a price cut, which is a modest share. If you're weighing a sale, the steady appreciation suggests a favorable backdrop, but the market pace merits realistic pricing expectations.

Monthly payment

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Home price

Down payment20% · $193,457

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Human help

Licensed pros in 08510.

Primary seat

John R. Wuertz

Lic #0231089 NJ

Common questions

What people ask us.

What is the typical home value in Millstone Township 08510?

The typical home value is $979,600, reflecting a 7.7% increase over the past year as of August 2026.

How long do homes stay on the market in 08510?

The median days on market is 57 as of September 2026, indicating a moderate selling timeline.

What is the median list price in Millstone Township?

The median list price is $1,375,000 as of September 2026.

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