Market Overview
Home Prices in Milton, WA
The median home value in Milton, WA is $578,401 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.6% compared to a year ago and down 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Milton are priced41% above average. Milton is part of the Seattle-Tacoma-Bellevue, WA metro area.
Over the past five years, Milton home values have risen by approximately11.9%, reflecting steady appreciation in this market.
Price History
Milton Home Price Trend
City Comparison
Milton vs. National Median
At $578,401, homes in Milton cost 41% above the national median of $410,000. Buyers in Milton should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Milton?
20% Down Payment
$115,680
on $578,401
Monthly P&I
$3,017/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,832/mo
incl. taxes & insurance
Income Needed
$153,280
gross annual (30% rule)
10% Down Option
$57,840
+ PMI applies
Loan Amount (20% dn)
$462,721
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, WA?
The median home value in Milton is $578,401 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.6% year-over-year.
How much have home prices changed in Milton?
Over the past year, home values in Milton have decreased by 0.6%. Over five years, prices have risen approximately 11.9%.
How much do I need to earn to buy a home in Milton?
To comfortably afford the median home price of $578,401 with a 20% down payment ($115,680) at today's rates (6.8%), you'd need a gross annual income of approximately $153,280. 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 $578,401, homes in Milton are 41% above the national average.
What metro area is Milton part of?
Milton is part of the Seattle-Tacoma-Bellevue, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.