Market Overview
Home Prices in Milmay, NJ
The median home value in Milmay, NJ is $409,931 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.1% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Milmay are priced0% below average. Milmay is part of the Vineland-Bridgeton, NJ metro area.
Price History
Milmay Home Price Trend
2024
$409,704
$410K
—
2025
$418,746
$419K
+2.2%
2026
$409,931
$410K
-2.1%
City Comparison
Milmay vs. National Median
🏠 Milmay
$409,931
National Median
$410,000
At $409,931, homes in Milmay cost 0% below the national median of $410,000. This makes Milmay a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Milmay?
20% Down Payment
$81,986
on $409,931
Monthly P&I
$2,138/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,715/mo
incl. taxes & insurance
Income Needed
$108,600
gross annual (30% rule)
10% Down Option
$40,993
+ PMI applies
Loan Amount (20% dn)
$327,945
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 Milmay, NJ?
The median home value in Milmay is $409,931 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.1% year-over-year.
How much have home prices changed in Milmay?
Over the past year, home values in Milmay have decreased by 2.1%.
How much do I need to earn to buy a home in Milmay?
To comfortably afford the median home price of $409,931 with a 20% down payment ($81,986) at today's rates (6.8%), you'd need a gross annual income of approximately $108,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Milmay compare to the national average home price?
The national median home value is approximately $410,000. At $409,931, homes in Milmay are 0% below the national average.
What metro area is Milmay part of?
Milmay is part of the Vineland-Bridgeton, NJ metropolitan area. Home prices and market conditions can vary across the broader metro region.