Millstone Twp., NJ Market Trends: May 2026

Millstone Township, New Jersey, May 2026, Single Family + Condo/Townhouse/Apt.

Q: Are prices rising?

A: Yes, the median sold price in Millstone Township has seen a significant month-over-month increase of 62%, now at $1,270,000.

Q: What’s the inventory situation?

A: The market has a 3.38-month supply of inventory, with a 7% decrease in inventory over the past twelve months.

Q: How quickly are homes selling?

A: Homes are selling faster with a median of 23 days in the RPR, reflecting a 69% decrease in time compared to the previous month.

Q: What about new listings?

A: There are 12 new listings with a median list price of $1,487,000, contributing to a total of 27 active listings.

Millstone Township is home to the scenic Perrineville Lake Park, offering residents ample outdoor recreational opportunities. For potential buyers, the combination of rising prices and reduced days on the market suggests a competitive environment where prompt decisions could be advantageous.

Connect with one of our ERA Central Realty Group agents for expert guidance on navigating the Millstone Township market.