Market Overview
Home Prices in Millbury, MA
The median home value in Millbury, MA is $514,819 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Millbury are priced26% above average. Millbury is part of the Worcester, MA-CT metro area.
Over the past five years, Millbury home values have risen by approximately30.9%, reflecting strong long-term appreciation in this market.
Price History
Millbury Home Price Trend
City Comparison
Millbury vs. National Median
At $514,819, homes in Millbury cost 26% above the national median of $410,000. Buyers in Millbury should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Millbury?
20% Down Payment
$102,964
on $514,819
Monthly P&I
$2,685/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,410/mo
incl. taxes & insurance
Income Needed
$136,400
gross annual (30% rule)
10% Down Option
$51,482
+ PMI applies
Loan Amount (20% dn)
$411,855
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 Millbury, MA?
The median home value in Millbury is $514,819 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Millbury?
Over the past year, home values in Millbury have increased by 1.5%. Over five years, prices have risen approximately 30.9%.
How much do I need to earn to buy a home in Millbury?
To comfortably afford the median home price of $514,819 with a 20% down payment ($102,964) at today's rates (6.8%), you'd need a gross annual income of approximately $136,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Millbury compare to the national average home price?
The national median home value is approximately $410,000. At $514,819, homes in Millbury are 26% above the national average.
What metro area is Millbury part of?
Millbury is part of the Worcester, MA-CT metropolitan area. Home prices and market conditions can vary across the broader metro region.