Market Overview
Home Prices in Millbrook, AL
The median home value in Millbrook, AL is $223,210 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.1% compared to a year ago and up 2.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Millbrook are priced46% below average. Millbrook is part of the Montgomery, AL metro area.
Over the past five years, Millbrook home values have risen by approximately31.6%, reflecting strong long-term appreciation in this market.
Price History
Millbrook Home Price Trend
City Comparison
Millbrook vs. National Median
At $223,210, homes in Millbrook cost 46% below the national median of $410,000. This makes Millbrook a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Millbrook?
20% Down Payment
$44,642
on $223,210
Monthly P&I
$1,164/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,478/mo
incl. taxes & insurance
Income Needed
$59,120
gross annual (30% rule)
10% Down Option
$22,321
+ PMI applies
Loan Amount (20% dn)
$178,568
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Millbrook, AL?
The median home value in Millbrook is $223,210 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.1% year-over-year.
How much have home prices changed in Millbrook?
Over the past year, home values in Millbrook have increased by 5.1%. Over five years, prices have risen approximately 31.6%.
How much do I need to earn to buy a home in Millbrook?
To comfortably afford the median home price of $223,210 with a 20% down payment ($44,642) at today's rates (6.8%), you'd need a gross annual income of approximately $59,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Millbrook compare to the national average home price?
The national median home value is approximately $410,000. At $223,210, homes in Millbrook are 46% below the national average.
What metro area is Millbrook part of?
Millbrook is part of the Montgomery, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.