Market Overview
Home Prices in Millington, MD
The median home value in Millington, MD is $355,871 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.7% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Millington are priced13% below average. Millington is part of the Baltimore-Columbia-Towson, MD metro area.
Over the past five years, Millington home values have risen by approximately20.1%, reflecting strong long-term appreciation in this market.
Price History
Millington Home Price Trend
City Comparison
Millington vs. National Median
At $355,871, homes in Millington cost 13% below the national median of $410,000. This makes Millington a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Millington?
20% Down Payment
$71,174
on $355,871
Monthly P&I
$1,856/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,357/mo
incl. taxes & insurance
Income Needed
$94,280
gross annual (30% rule)
10% Down Option
$35,587
+ PMI applies
Loan Amount (20% dn)
$284,697
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 Millington, MD?
The median home value in Millington is $355,871 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.7% year-over-year.
How much have home prices changed in Millington?
Over the past year, home values in Millington have increased by 1.7%. Over five years, prices have risen approximately 20.1%.
How much do I need to earn to buy a home in Millington?
To comfortably afford the median home price of $355,871 with a 20% down payment ($71,174) at today's rates (6.8%), you'd need a gross annual income of approximately $94,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Millington compare to the national average home price?
The national median home value is approximately $410,000. At $355,871, homes in Millington are 13% below the national average.
What metro area is Millington part of?
Millington is part of the Baltimore-Columbia-Towson, MD metropolitan area. Home prices and market conditions can vary across the broader metro region.