Market Overview
Home Prices in Milton, NC
The median home value in Milton, NC is $169,241 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.9% compared to a year ago and down 8.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Milton are priced59% below average.
Over the past five years, Milton home values have risen by approximately30.0%, reflecting strong long-term appreciation in this market.
Price History
Milton Home Price Trend
2020
$99,742
$100K
—
2021
$130,226
$130K
+30.6%
2022
$147,456
$147K
+13.2%
2023
$153,088
$153K
+3.8%
2024
$173,456
$173K
+13.3%
2025
$158,262
$158K
-8.8%
2026
$169,241
$169K
+6.9%
City Comparison
Milton vs. National Median
🏠 Milton
$169,241
National Median
$410,000
At $169,241, homes in Milton cost 59% below the national median of $410,000. This makes Milton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Milton?
20% Down Payment
$33,848
on $169,241
Monthly P&I
$883/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,121/mo
incl. taxes & insurance
Income Needed
$44,840
gross annual (30% rule)
10% Down Option
$16,924
+ PMI applies
Loan Amount (20% dn)
$135,393
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 Milton, NC?
The median home value in Milton is $169,241 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.9% year-over-year.
How much have home prices changed in Milton?
Over the past year, home values in Milton have increased by 6.9%. Over five years, prices have risen approximately 30.0%.
How much do I need to earn to buy a home in Milton?
To comfortably afford the median home price of $169,241 with a 20% down payment ($33,848) at today's rates (6.8%), you'd need a gross annual income of approximately $44,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Milton compare to the national average home price?
The national median home value is approximately $410,000. At $169,241, homes in Milton are 59% below the national average.