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MILLINGTON, NJ 07946

Real Estate Market Report  ·  Morris County
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The MILLINGTON, NJ real estate market (07946) currently shows 3 active listings, with 2 pending sales. Homes are averaging 2 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 2 days on market compared to 48 days last year.

The median listing price has fallen 3.3% year-over-year, from $749,000 to $724,500.

Whether you are buying or selling in MILLINGTON, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,991  ·  Density: 283.3/mi²  ·  Median household income: $203,393

Typical home value: $741,349  ·  Homeownership: 96.7%

Market Overview

Active Listings
3
⇩ 40% vs 5 last year
Pending
2
67% pending ratio
Median Price
$724,500
⇩ 3.3% vs $749,000 last year
Average Price
$724,500
⇩ 3.3% vs $749,000 last year
Days on Market
2
⇩ 95.8% vs 48 days last year

Price Per Square Foot

Median $/sqft
$345
Median Home Size
1,886 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 5 last year
  • Days on market: 2 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $724,500 (-3.3% YoY)
  • Average: $724,500 (-3.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.9 miles — 324 listings ($416,534,617 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07946Millington, NJ 079460.0 mi3$2,173,500$724,500$724,500
07920Basking Ridge, NJ 079202.3 mi38$35,803,448$499,000$942,196
07059Warren, NJ 070593.1 mi36$63,298,008$1,652,500$1,758,278
07922Berkeley Heights, NJ 079224.4 mi18$21,698,298$1,152,750$1,205,461
07935Green Village, NJ 079355.2 mi1$2,300,000$2,300,000$2,300,000
08812Dunellen, NJ 088125.6 mi35$31,116,050$517,450$889,030
08836Martinsville, NJ 088366.0 mi6$4,319,400$719,900$719,900
07928Chatham, NJ 079286.1 mi39$84,926,205$1,916,000$2,177,595
07062Plainfield, NJ 070626.4 mi30$14,979,600$489,300$499,320
08846Middlesex, NJ 088467.1 mi28$14,952,588$556,000$534,021
07960Morristown, NJ 079607.5 mi58$77,481,156$950,000$1,335,882
07940Madison, NJ 079407.5 mi21$50,763,027$2,347,500$2,417,287
07092Mountainside, NJ 070927.9 mi11$12,723,337$1,075,500$1,156,667

Frequently Asked Questions

How many homes are for sale in MILLINGTON, NJ 07946?

As of February 2026, there are 3 active listings in MILLINGTON, NJ (zip code 07946), compared to 5 the prior year.

What is the median home price in MILLINGTON, NJ 07946?

The median listing price in MILLINGTON, NJ 07946 is $724,500 as of February 2026, a 3.3% decrease from $749,000 the prior year.

How long do homes stay on the market in MILLINGTON, NJ?

Homes in MILLINGTON, NJ 07946 spend an average of 2 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in MILLINGTON, NJ 07946?

Based on current inventory and days-on-market data as of February 2026, MILLINGTON, NJ 07946 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 2 days on market compared to 48 days last year.

How much can I save on real estate commission in MILLINGTON, NJ?

With SELL123.com's maximum 3% commission, sellers in MILLINGTON, NJ 07946 save an estimated $14,490 compared to a typical 5% commission on the median listing price of $724,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.