Market Overview
Home Prices in Millis, MA
The median home value in Millis, MA is $714,575 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.4% compared to a year ago and up 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Millis are priced74% above average. Millis is part of the Boston-Cambridge-Newton, MA-NH metro area.
Over the past five years, Millis home values have risen by approximately24.2%, reflecting strong long-term appreciation in this market.
Price History
Millis Home Price Trend
City Comparison
Millis vs. National Median
At $714,575, homes in Millis cost 74% above the national median of $410,000. Buyers in Millis should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Millis?
20% Down Payment
$142,915
on $714,575
Monthly P&I
$3,727/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,733/mo
incl. taxes & insurance
Income Needed
$189,320
gross annual (30% rule)
10% Down Option
$71,458
+ PMI applies
Loan Amount (20% dn)
$571,660
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 Millis, MA?
The median home value in Millis is $714,575 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.4% year-over-year.
How much have home prices changed in Millis?
Over the past year, home values in Millis have increased by 1.4%. Over five years, prices have risen approximately 24.2%.
How much do I need to earn to buy a home in Millis?
To comfortably afford the median home price of $714,575 with a 20% down payment ($142,915) at today's rates (6.8%), you'd need a gross annual income of approximately $189,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Millis compare to the national average home price?
The national median home value is approximately $410,000. At $714,575, homes in Millis are 74% above the national average.
What metro area is Millis part of?
Millis is part of the Boston-Cambridge-Newton, MA-NH metropolitan area. Home prices and market conditions can vary across the broader metro region.