Millsmont's January First-Time Homebuyer Report

The population of Millsmont is somewhat affluent compared to others in Oakland with a median income of $44,983 per household. It's also considered an average neighborhood in terms of affordability with a cost of living adjustment score of 115.9. Millsmont is made up of homes that are older than most with a median of 64 years. Heading the list of top schools in the neighborhood is Burckhalter Elementary School.

Price Range

Home values in Millsmont are generally in line with others in the city with a median home value of $273,623 and an average list price of $630,642. The number of homes coming into the Millsmont market rose to three listings over the last 30 days, while sales remained right where they were as once again six homes were sold over the same period.

Make sure you take a look at these eye-catching homes in Millsmont that generated the most views from potential buyers:

$869K   $1.5M  

Typical Dwelling

The typical dwelling in Millsmont is a three-bedroom detached home worth about $600,787. To purchase a similar home, a buyer with good credit and a $120,157 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,295 monthly payment. The property tax rate is $7.10 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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Tohtal Real Estate
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