Home Values

Town of Milton Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$227,600

  • 4.0% 1-year change
  • 3.4% 1-year forecast

The median home value in Town of Milton is $227,600. Town of Milton home values have gone up 4.0% over the past year and Zillow predicts they will rise 3.4% within the next year. The median list price per square foot in Town of Milton is None. The median rent price in Town of Milton is $995, which is lower than the Albany Metro median of $1,199.

Foreclosures will be a factor impacting home values in the next several years. In Town of Milton 2.4 homes are foreclosed (per 10,000). This is greater than the Albany Metro value of 2.1 and also lower than the national value of 3.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Town of Milton is 28.6%, which is higher than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Town of Milton homeowners underwater on their mortgage is 8.3%, which is lower than Albany Metro at 14.9%.

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Relative ZHVI
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Town of Milton Market Overview

Data through Mar 31, 2015
  • $227,600 ZHVI
  • 3.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Mar 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Town of Milton Market Health

Data through Mar 31, 2015
  • 3.7/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 8.3% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 28.6% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

2.4 homes(Jan 31, 2015) Town of Milton
2.1 homes Albany Metro
3 homes United States
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Nearby Cities

Name Median ZHVI
Country Knolls $252,200
Malta $241,900
Ballston $225,600
Name Median ZHVI
Greenfield Center $222,400
Charlton $217,800
Town of Galway $188,900
Name Median ZHVI
Ballston Spa $182,200
North Ballston Spa $178,400
Providence $172,400

Listings & Sales

Data through Jan 31, 2015
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
14.9%
Sold below listing
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Town of Milton Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,884 Town of Milton
    $1,537 Albany Metro
    $1,362 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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