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Milton, MA

Full City Profile · Massachusetts · Norfolk County County

3.7 /5.0
B+ Good
28,481 Population 2,189/sq mi density
$178,053 Median Income $73,011 per capita
$896,500 Home Value $1,045,796 Zillow
$1,503 Median Rent 30.6% income on rent
50°F Avg Temperature 259 sunny days/yr
40 Violent Crime/100K 222 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$178,053 median income, 2.5% unemployment
B+
Affordability
3.8 / 5.0
$896,500 home value, $1,503/mo rent
F
Safety
1.0 / 5.0
40 violent crimes/100K
A+
Education
5.0 / 5.0
70.4% bachelor's degree or higher

Housing Overview

Median Home Value
$896,500
218% above
US avg: $281,900
Median Rent
$1,503/mo
29% above
US avg: $1,163/mo
Homeownership Rate
84.7%
30% above US avg (65.4%)
Total Housing Units
9,462
Median year built: 1944

Home Value by Source

Census Median
$896,500
Zillow (ZHVI)
$1,045,796
Median Sale Price
$1,175,000
Median List Price
$824,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.7%
Owner-Occupied
15.3%
Renter-Occupied
85%
15%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent: $1,503/mo

Market Indicators (Redfin)

Median Days on Market
16 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
11
Price Drops
3.5%
of listings with price reduction
Price Per Sq Ft
$523
Active Inventory
29
homes for sale

Affordability & Housing Stock

Rent Burden
30.6%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1944
Average age of housing stock: 82 years
Homeownership Rate
84.7%

Complete Housing Data

Home Values

Census Median Value$896,500
Zillow Home Value (ZHVI)$1,045,796
Median Sale Price$1,175,000
Median List Price$824,450
Price Per Sq Ft$523

Rent

Census Median Rent$1,503
FMR Studio$1,727
FMR 1-Bedroom$1,822
FMR 2-Bedroom$2,300
FMR 3-Bedroom$2,858
FMR 4-Bedroom$3,232

Market

Days on Market16
Sale-to-List Ratio1.0%
Price Drops3.5%
Homes Sold11
Active Inventory29
Price Per Sq Ft$523

Ownership & Stock

Owner-Occupied84.7%
Renter-Occupied15.3%
Homeownership Rate84.7%
Total Housing Units9,462
Median Year Built1944
Rent Burden30.6%