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Mill River—01244

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,950,000
N/A
Household Income
$59,700
7.6% YoY Growth
Days on Market
24
44.0% Shorter YoY
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Mill River

Mill River lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
N/AN/A
Single Family N/AN/A
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    9.6%
    2 Bedrooms
    14.4%
    3 Bedrooms
    52.1%
    4 Bedrooms
    9.0%
    5+ Bedrooms
    15.0%

    Rental Trends — Mill River

    Mill River lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    2 Bedrooms
    100.0%

    Property Listings — Mill River

    As of May '26, Realtor.com reports that the median days on market for a home in Mill River is 24. This is a decrease of -44.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$1,950,00022.0%
    Listing Count
    		317.0%
    Listings as % of HomesN/A17.0%
    Days on Market
    		24-44.0%
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    Demographics — Mill River

    As of the latest ACS Survey released in 2023, Mill River has a population of 243, which has increased by 228.4% over the past 5 years. Mill River is a less popular place for families, as children make up 7.0% of the population. The area has a moderately educated workforce, with 28.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		243228.4%
    % Under 18
    		7.0%-48.1%
    % Seniors
    		26.3%-27.9%
    % WFH
    		23.0%-10.5%
    % w/ College Degree
    		28.2%50.0%
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    As of the latest ACS Survey released in 2023, Mill River is a predominantly white area, with 94.7% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Mill River is hispanic, making up 5.3% of the population. Foreign-born residents account for 4.5% of the population in Mill River, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		94.7%-5.3%
    % Black
    		0.0%N/A
    % Hispanic
    		5.3%∞%
    % Asian
    		0.0%N/A
    % Foreign Born
    		4.5%∞%
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    Mortgage and Risk — Mill River

    Mill River lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
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    Rentals and Section 8 — Mill River

    Mill River lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,300
    2 BedroomN/AN/A$1,710
    3 BedroomN/AN/A$2,070
    4 BedroomN/AN/A$2,870

    Affordability — Mill River

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income RatioN/A
    Median Home PriceN/A
    Median Household Income$59,700

    Mill River — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Southfield, MA

    01259

    Sheffield, MA

    01222

    Canaan, CT

    06018

    Sheffield, MA

    01257

    Great Barrington, MA

    01230

    Frequently Asked Questions