Millstone, NJ
Full City Profile · New Jersey · Somerset County County
4.7
/5.0
A+
Excellent
606
Population
891/sq mi density
$139,209
Median Income
$50,715 per capita
$486,200
Home Value
$468,783 Zillow
$1,292
Median Rent
9.0% income on rent
53°F
Avg Temperature
A+
Overall
4.7 / 5.0
Strong
A
Economy
4.4 / 5.0
$139,209 median income, 6.2% unemployment
A+
Affordability
4.7 / 5.0
$486,200 home value, $1,292/mo rent
A+
Education
4.9 / 5.0
48.6% bachelor's degree or higher
Housing Overview
Median Home Value
$486,200
72% above
US avg: $281,900
Median Rent
$1,292/mo
11% above
US avg: $1,163/mo
Homeownership Rate
88.4%
35% above US avg (65.4%)
Total Housing Units
198
Median year built: 1956
Home Value by Source
Census Median
$486,200
Zillow (ZHVI)
$468,783
Redfin Median Sale
$1,216,750
Median Sale Price
$1,216,750
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
88.4%
Owner-Occupied
11.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$1,292/mo
Market Indicators (Redfin)
Median Sale Price
$1,216,750
Median Days on Market
117 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$303
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
9.0%
of renters spending 30%+ of income on housing
71% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
88.4%
Complete Housing Data
Home Values
| Census Median Value | $486,200 |
| Zillow Home Value (ZHVI) | $468,783 |
| Redfin Median Sale | $1,216,750 |
| Median Sale Price | $1,216,750 |
| Price Per Sq Ft | $303 |
Rent
| Census Median Rent | $1,292 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 117 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 100.0% |
| Homes Sold | 1 |
| Active Inventory | 1 |
| Price Per Sq Ft | $303 |
Ownership & Stock
| Owner-Occupied | 88.4% |
| Renter-Occupied | 11.6% |
| Homeownership Rate | 88.4% |
| Total Housing Units | 198 |
| Median Year Built | 1956 |
| Rent Burden | 9.0% |