October's First-Time Homebuyer Report for Milton

Milton is a small city in New York with a median income of $66,515 per household. Besides being affluent, its population is older than others with a median age of 40 years. The Milton market is almost exclusively made up of detached homes, currently accounting for 92% overall. Leading the list of best schools in the city are Phoenicia Elementary School and Valley Central Middle School.

Price Range

The median value of homes in Milton is $253,400, making it one of the most valuable areas in New York. At the same time, the average list price of available homes is presently $221,784. The Milton market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. Milton usually averages 0.3 sales per month.

Curious as to which homes have been getting the most attention in Milton? These listings have stirred up interest and produced the most views:

$325K   $177K   $199K  

Typical Dwelling

A three-bedroom detached home valued around $159,167 is considered a typical dwelling in Milton. If a buyer was looking for a similar home, they would need good credit and a $31,833 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $219 and the property tax rate is $22.48 per $1,000 of taxable assessed value.

Get started right now by checking out Milton homes for sale or reviewing Milton real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
John J Lease Realtors
Snapped 1 home in this area

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