Call or Text (240) SELL-123

MILLINGTON, NJ 07946

Real Estate Market Report  ·  Morris County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The MILLINGTON, NJ real estate market (07946) currently shows 12 active listings, with 7 pending sales. Homes are averaging 10 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 10 days on market compared to 32 days last year.

The median listing price has fallen 19.4% year-over-year, from $1,111,500 to $896,000.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MILLINGTON, NJ 07946 and connect with motivated buyers & sellers.
Contact SELL123.com →

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
12
⇧ 33.3% vs 9 last year
Pending
7
58% pending ratio
Median Price
$896,000
⇩ 19.4% vs $1,111,500 last year
Average Price
$883,179
⇩ 13.4% vs $1,019,833 last year
Days on Market
10
⇩ 68.8% vs 32 days last year

Price Per Square Foot

Median $/sqft
$322
Median Home Size
2,491 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 9 last year
  • Days on market: 10 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $896,000 (-19.4% YoY)
  • Average: $883,179 (-13.4% 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 April 2026, there are 12 active listings in MILLINGTON, NJ (zip code 07946), compared to 9 the prior year.

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

The median listing price in MILLINGTON, NJ 07946 is $896,000 as of April 2026, a 19.4% decrease from $1,111,500 the prior year.

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

Homes in MILLINGTON, NJ 07946 spend an average of 10 days on the market before going under contract, compared to 32 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 April 2026, MILLINGTON, NJ 07946 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 10 days on market compared to 32 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 $17,920 compared to a typical 5% commission on the median listing price of $896,000. 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.