What is the median home value in Millstone Township, NJ?

Name: Home values in Millstone Township, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Millstone Township, NJ is $737,400 (±$63,585), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Millstone Township, the median home value went from $584,400 in 2015–2019 to $737,400 in 2020–2024 (+26.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median home value: $737,400 (±$63,585)
Owner-occupied homes: 3,287 (±189)
Most common range: $500,000 to $999,999

Home values in Millstone Township

Owner-occupied homes by value, 2020–2024
Value	Millstone Township	Monmouth County	New Jersey	United States
Less than $50,000	1.5% (±1.5 points)	1.8%	2.5%	5.3%
$50,000 to $99,999	1.2% (±1.1 points)	1.3%	1.8%	6.1%
$100,000 to $149,999	0.0% (±1.4 points)	0.9%	2.2%	6.8%
$150,000 to $199,999	0.6% (±1.0 points)	1.3%	4.3%	9.0%
$200,000 to $299,999	1.5% (±1.5 points)	4.7%	12.9%	17.8%
$300,000 to $499,999	18.5% (±5.4 points)	26.7%	34.2%	26.9%
$500,000 to $999,999	62.7% (±6.9 points)	49.2%	34.5%	20.9%
$1,000,000 or more	14.0% (±4.7 points)	14.1%	7.6%	7.1%

The most common range is $500,000 to $999,999, 62.7% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Millstone Township against Monmouth County, its state and the nation

Estimate (90% margin of error)
	Millstone Township	Monmouth County	New Jersey	United States
Median home value	$737,400 (±$63,585)	$606,100 (±$5,540)	$454,400 (±$1,150)	$332,700
Owner-occupied homes	3,287 (±189)	190,173 (±1,568)	2,239,128 (±10,678)	84,210,142

In Millstone Township, the median home value is higher than in Monmouth County ($606,100).

It is also higher than in New Jersey ($454,400).

It is higher than the national figure ($332,700).

In Monmouth County, Millstone Township ranks 21 of 53 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 98 of 561.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Millstone Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$584,400 (±$27,572)	$737,400 (±$63,585)	+26.2%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Millstone Township

Nearest places with a published estimate, compared with Millstone Township
Place	Distance	Median home value	Compared with this place
Millstone Township	—	$737,400 (±$63,585)	—
Roosevelt Borough	2.1 mi	$364,900 (±$16,650)	Lower
Monroe Manor	3.9 mi	$656,800 (±$118,284)	Not measurably different
Twin Rivers	4.7 mi	$301,400 (±$25,773)	Lower
Stonebridge	6.0 mi	$646,800 (±$34,321)	Lower
East Windsor Township	6.2 mi	$397,400 (±$23,767)	Lower
Hightstown Borough	6.3 mi	$342,600 (±$31,312)	Lower
Manalapan Township	6.5 mi	$655,500 (±$21,241)	Lower
The Ponds	6.6 mi	$373,800 (±$29,401)	Lower

Nearby places with a measurably lower figure: Roosevelt Borough, NJ ($364,900), Twin Rivers, NJ ($301,400), Stonebridge, NJ ($646,800).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Monmouth County, place by place

Rank	Place	Median home value
15	Belmar Borough	$861,800 (±$45,684)
16	Brielle Borough	$849,100 (±$35,891)
17	Holmdel Township	$843,000 (±$35,866)
18	Sea Bright Borough	$821,100 (±$82,571)
19	Shrewsbury Borough	$811,400 (±$32,010)
20	Oceanport Borough	$757,700 (±$72,257)
21	Millstone Township	$737,400 (±$63,585)
22	Spring Lake Heights Borough	$721,100 (±$52,193)
23	Wall Township	$720,400 (±$36,062)
24	Upper Freehold Township	$710,400 (±$50,680)
25	Marlboro Township	$701,200 (±$29,104)
26	West Long Branch Borough	$684,300 (±$29,501)
27	Ocean Township (Monmouth County)	$678,300 (±$17,260)

Showing 13 of 53 places in Monmouth County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Millstone Township

What is the average home value in Millstone Township, NJ?

The Census Bureau publishes the median: $737,400 (±$63,585) for owner-occupied homes in Millstone Township (2020–2024 American Community Survey).

Have home values in Millstone Township gone up?

In Millstone Township, the median home value went from $584,400 in 2015–2019 to $737,400 in 2020–2024 (+26.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Millstone Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Millstone township, Monmouth County, New Jersey (county subdivision:46560, in state:34 county:025).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.