Millburn
Real Estate Trends & Statistics

Market Snapshot for Millburn

  Today 1 Month Ago 1 Year Ago
Total Inventory 69 52  33% 52  33% 
Median List Price $1,875,000 $2,295,000  18% $1,995,000  6% 
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned). 1% - -
Median Days On Movoto 82 105  22% 111  26% 
Median House Size 5,400 6,000  10% 6,000  10% 
Median $/Sq.Ft. $358/sqft $358/sqft $399/sqft  10% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 66 49  35% 50  32% 
Median List Price $1,899,000 $2,295,000  17% $1,995,000  5% 
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned). 2% - -
Median Days On Movoto 82 105  22% 111  26% 
Median House Size 6,000 6,500  8% 6,000  
Median $/Sqft $388/sqft $359/sqft  8% $399/sqft  3% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 3 3 2  50% 
Median List Price $255,000 $255,000 $550,000  54% 
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned). - - -
Median Days On Movoto 68 40  70% 174  61% 
Median House Size 767 767 -  
Median $/Sqft $332/sqft $332/sqft -  
All Types Single Family Home Condo/Townhouse  
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Median List Price for Millburn

$1,875,000

Market Data for Millburn

 6/147/148/149/1410/1411/1412/14
Price Reductions3117101717163
New Listings5734254032128
Sold/Expired56612743452432
All Types Single Family Home Condo/Townhouse  
 6/147/148/149/1410/1411/1412/14
Price Reductions3117101617153
New Listings5533243832108
Sold/Expired54592543442432
All Types Single Family Home Condo/Townhouse  
 6/147/148/149/1410/1411/1412/14
Price Reductions---1-1-
New Listings2112-2-
Sold/Expired222-1--
All Types Single Family Home Condo/Townhouse  

Overview of Millburn, NJ Market Trends

Updated: 01/01/2015
Millburn's home resale inventories increased, with a 33 percent increase since December 2015. Distressed properties such as foreclosures and short sales increased as a percentage of the total market in January. The median listing price in Millburn went down from December to January. There were a total of 0 price increases and 3 price decreases.
Millburn, New Jersey real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Millburn homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Millburn. Movoto is your comprehensive source for Millburn property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.
Listings Demographics
Nearby Homes for Sale
New 7 Farmstead Rd, Millburn, NJ
25
$2,699,000
9 Beds
10 Baths
- Sq. Ft.
Single Family House
New 15 Wyndham Rd, Millburn, NJ
25
$1,875,000
5 Beds
3&1/2 Baths
- Sq. Ft.
Single Family House
New 12 Highview Rd, Millburn, NJ
20
$1,749,000
5 Beds
3&1/2 Baths
- Sq. Ft.
Single Family House
New 30 Addison Dr, Millburn, NJ
17
$925,000
3 Beds
2&1/2 Baths
- Sq. Ft.
Single Family House
37 Myrtle Ave, Millburn, NJ
21
$689,000
3 Beds
2&1/2 Baths
- Sq. Ft.
Single Family House