Millstone Township, September 2026, Single Family + Condo/Townhouse/Apt.
Q: Are prices rising?
A: The median sold price has decreased by 37.5% over the past month to $875,000, with the median list price for new pending listings at $999,950.
Q: What’s the inventory situation?
A: There is currently a 3.33-month supply of inventory, with a notable one-month increase of 19.78% in inventory but a significant 41.68% decrease over the past year.
Q: How fast are homes selling?
A: Homes are selling quickly, with the median days in RPR for sold listings at 19 days, showing a month-over-month decrease of 24%.
Q: What should I know about list prices?
A: The median list price for active listings is $1,397,000, while new listings have a median list price of $1,249,000, indicating a range of options for buyers.
Millstone Township is known for its vast open spaces and is home to beautiful parks like Perrineville Lake Park, offering residents ample recreational opportunities. Given the current market dynamics, buyers, including first-time and move-up buyers, have a unique opportunity to explore a variety of listings, both new and active, with potential room for negotiation.
For personalized guidance on navigating the Millstone Township market, contact one of our ERA Central Realty Group agents.