There are currently 2 real estate properties in Millstone, NJ, with a median automated valuation model (AVM) price of $522,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Millstone, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Millstone, NJ, is $530,900.00, with the most expensive house in Millstone, NJ, topping out at $539,700.00 and the cheapest home in Millstone, NJ, clocking in at $522,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Millstone, NJ!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Millstone, NJ, is on a rollercoaster ride. The average rent price in Millstone, NJ, is $2,255.00. Indeed, when looking to rent in Millstone, NJ, you can expect to pay as little as $2,230.00 or as much as $2,280.00, with the average rent median estimated to be $2,230.00. The good news is that finding an affordable and desirable property to rent in Millstone, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Millstone is located in Monmouth, New Jersey, with an estimated municipal population of 10,443 residents. All of the best foreclosed homes for sale in Millstone are located in the following zip code areas on Foreclosure.com: 08510 08535. The estimated population per square kilometer (.62 miles) in Millstone is 110.
So, about how much do homes cost in Millstone? The most recent median value of resident-owned homes in Millstone is 581,468. An estimated 92.8 percent of households in Millstone own their homes, with an average family size of 3.34. The median household income in Millstone is 163,981, with71.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Millstone, the median commute time of resident workers (in minutes) is 45.5. And last, but certainly not least, are you looking for homes to rent in Millstone? If so, the average rent price paid by renters in Millstone is 1,752, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Millstone, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Millstone is 45.2, split between 48.9 percent male versus 51.1 female. The percentage of residents who report being married in Millstone is 63.2, with an average family size of 3.34.
The percentage of residents who report their race in Millstone is as follows:
| White | 89% |
| Black / African American | 1.7% |
| Asian | 5.8% |
| American Indian / Alaskan Native | 0.1% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 1.1% |
| Other | 2.3% |
Looking for family-friendly neighborhoods in and/or near Millstone? Or maybe you are searching for 55+ active adult communities in and/or near Millstone?
The percentage of residents who report their age in Millstone is as follows:
| Under 10 | 9.5% |
| Aged 10-19 | 14.5% |
| 20s | 13.5% |
| 30s | 6.4% |
| 40s | 15.4% |
| 50s | 22.7% |
| 60s | 12.1% |
| 70s | 4.3% |
| 80+ | 1.7% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Millstone with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Millstone.
How do you know that living in -- or moving to -- Millstone is right where you need to be? Perhaps you grew up in Millstone or already live nearby; therefore, the decision to buy a home in Millstone is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Millstone for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Millstone:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Millstone.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Millstone can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Millstone, meanwhile, can field multiple offers from more qualified buyers.
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