Market Overview
Home Prices in Millbrook, NY
The median home value in Millbrook, NY is $697,003 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.5% compared to a year ago and up 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Millbrook are priced70% above average. Millbrook is part of the Poughkeepsie-Newburgh-Middletown, NY metro area.
Over the past five years, Millbrook home values have risen by approximately34.2%, reflecting strong long-term appreciation in this market.
Price History
Millbrook Home Price Trend
City Comparison
Millbrook vs. National Median
At $697,003, homes in Millbrook cost 70% above the national median of $410,000. Buyers in Millbrook should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Millbrook?
20% Down Payment
$139,401
on $697,003
Monthly P&I
$3,635/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,616/mo
incl. taxes & insurance
Income Needed
$184,640
gross annual (30% rule)
10% Down Option
$69,700
+ PMI applies
Loan Amount (20% dn)
$557,602
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 Millbrook, NY?
The median home value in Millbrook is $697,003 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.5% year-over-year.
How much have home prices changed in Millbrook?
Over the past year, home values in Millbrook have increased by 5.5%. Over five years, prices have risen approximately 34.2%.
How much do I need to earn to buy a home in Millbrook?
To comfortably afford the median home price of $697,003 with a 20% down payment ($139,401) at today's rates (6.8%), you'd need a gross annual income of approximately $184,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Millbrook compare to the national average home price?
The national median home value is approximately $410,000. At $697,003, homes in Millbrook are 70% above the national average.
What metro area is Millbrook part of?
Millbrook is part of the Poughkeepsie-Newburgh-Middletown, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.