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Milmay, New Jersey Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
5
Median Price
$12K
Market Condition
Balanced Market

Milmay, New Jersey Market Meter

Buyer'sSeller's
Balanced Market

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$12K
Avg Price/Acre
$3K
Avg Days on Market
116
Months of Supply
-
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres---1
2-5 acres--33
5-10 acres----
10-20 acres----
20-50 acres---1
50-100 acres----
100+ acres----
TOTAL0035
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
1-2 acres1 sold / 0 listed
2-5 acres3 sold / 0 listed
20-50 acres1 sold / 0 listed

Median Price by Acreage

$0$55K$110K
1- 2
2- 5
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$185K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
116
Time to sell
Price Trend (YoY)
-
Year over year

Milmay, New Jersey Land Market Analysis

How much is land worth in Milmay, New Jersey?

The median price for land in Milmay, New Jersey is currently $3K per acre. For a typical parcel, the median sale price is $12K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $12K while premium lots reached $82K.

What is the total amount sold in Milmay, New Jersey last year?

Over the past 12 months, Milmay, New Jersey saw 5 properties sold, totaling $185K in sales volume.

How long does it take to sell land in Milmay, New Jersey?

Land in Milmay, New Jersey typically sells within 116 days of listing. The median time on market is 116 days. Properties are moving at a moderate pace.

Is now a good time to invest in land in Milmay, New Jersey?

The top-performing broker in this market is C-21 Atlantic Professional Realty.

What is the absorption rate for land in Milmay, New Jersey?

The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Milmay, New Jersey?

The median land price in Milmay, New Jersey stands at $12K. This translates to roughly $3K per acre for the typical parcel size. The average price is $37K, indicating some higher-priced properties pulling up the average.

What is the average price per acre in Milmay, New Jersey?

Land in Milmay, New Jersey averages $7K per acre. The median price per acre is $3K, which may be more representative of typical transactions. Most parcels sold are around 4.7 acres.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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