Milton, NH—03851
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Milton, NH
Home Price Trends — Milton, NH
As of Oct '25, the median home price in Milton, NH is $427,000, with a year-over-year change of 1.4%. This indicates that home prices in Milton, NH are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $427,000 | 1.4% |
| Single Family | $431,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $390,000 | 0.8% |
3 Bed | $447,000 | 2.1% |
4 Bed | $489,000 | 3.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Milton, NH
Milton, NH lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Milton, NH
As of Oct '25, Realtor.com reports that the median days on market for a home in Milton, NH is 63. This is a decrease of -5.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $437,000 | 4.0% |
Listing Count | 21 | 131.0% |
| Listings as % of Homes | 0.4% | 131.0% |
Days on Market | 63 | -5.0% |
Demographics — Milton, NH
As of the latest ACS Survey released in 2023, Milton, NH has a population of 4,290, which has increased by 5.3% over the past 5 years. Milton, NH is a moderately popular place for families, as children make up 20.2% of the population. The area has a poorly educated workforce, with 17.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,290 | 5.3% |
% Under 18 | 20.2% | -6.0% |
% Seniors | 15.1% | -6.2% |
% WFH | 19.4% | 304.2% |
% w/ College Degree | 17.3% | -16.4% |
As of the latest ACS Survey released in 2023, Milton, NH is a predominantly white area, with 95.2% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Milton, NH is asian, making up 1.3% of the population. Foreign-born residents account for 2.4% of the population in Milton, NH, and this percentage has increased by 33.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.2% | -2.8% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.9% | 350.0% |
% Asian | 1.3% | 550.0% |
% Foreign Born | 2.4% | 33.3% |
Mortgage and Risk — Milton, NH
According to HUD data as of 2023, there were 123 mortgage originations in Milton, NH, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Milton, NH. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 123 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Milton, NH
Milton, NH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 21 |
Total Units Section 8 | 21 |
% Rentals under Section 8 | 7.8% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,430 |
| 2 Bedroom | N/A | N/A | $1,810 |
| 3 Bedroom | N/A | N/A | $2,310 |
| 4 Bedroom | N/A | N/A | $2,700 |
Affordability — Milton, NH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $427,000 |
| Median Household Income | $98,800 |