Market Overview
Home Prices in Millstone Township, NJ
The median home value in Millstone Township, NJ is $963,148 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.9% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Millstone Township are priced135% above average. Millstone Township is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Millstone Township home values have risen by approximately39.2%, reflecting strong long-term appreciation in this market.
Price History
Millstone Township Home Price Trend
City Comparison
Millstone Township vs. National Median
At $963,148, homes in Millstone Township cost 135% above the national median of $410,000. Buyers in Millstone Township should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Millstone Township?
20% Down Payment
$192,630
on $963,148
Monthly P&I
$5,023/mo
30-yr @ 6.8%
Total Monthly Est.
~$6,379/mo
incl. taxes & insurance
Income Needed
$255,160
gross annual (30% rule)
10% Down Option
$96,315
+ PMI applies
Loan Amount (20% dn)
$770,518
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 Millstone Township, NJ?
The median home value in Millstone Township is $963,148 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.9% year-over-year.
How much have home prices changed in Millstone Township?
Over the past year, home values in Millstone Township have increased by 5.9%. Over five years, prices have risen approximately 39.2%.
How much do I need to earn to buy a home in Millstone Township?
To comfortably afford the median home price of $963,148 with a 20% down payment ($192,630) at today's rates (6.8%), you'd need a gross annual income of approximately $255,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Millstone Township compare to the national average home price?
The national median home value is approximately $410,000. At $963,148, homes in Millstone Township are 135% above the national average.
What metro area is Millstone Township part of?
Millstone Township is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.