Milton, NH 03851 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Milton, NH—03851

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$427,000

1.4% YoY Growth

Household Income

$98,800

44.3% YoY Growth

Days on Market

4.0% Shorter YoY

Home Price Forecast

2.1%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Other Zip Codes in Milton, NH

03852

Home Price Trends — Milton, NH

As of Dec '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 2.1%, 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	$430,000	1.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

1 Bedroom

34.9%

2 Bedrooms

45.0%

3 Bedrooms

17.8%

4 Bedrooms

2.3%

Property Listings — Milton, NH

As of Dec '25, Realtor.com reports that the median days on market for a home in Milton, NH is 54. This is a decrease of -6.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$399,000	1.0%
Listing Count	12	62.0%
Listings as % of Homes	0.4%	62.0%
Days on Market	69	-4.0%

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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%

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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%

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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%

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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

Milton, NH—03851

Key Metrics at a Glance

Other Zip Codes in Milton, NH

Home Price Trends — Milton, NH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Milton, NH

% of Rental Stock

Property Listings — Milton, NH

Demographics — Milton, NH

Race and Ethnicity

Mortgage and Risk — Milton, NH

Mortgages

Rentals and Section 8 — Milton, NH

Section 8 Market Size

Section 8 Opportunity

Affordability — Milton, NH

Home Price to Income Ratio

Milton, NH — ZIP Code Boundary Map

Nearby ZIP Codes

Middleton, NH

Milton, NH

Farmington, NH

Lebanon, ME

New Durham, NH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.6
Median Home Price	$427,000
Median Household Income	$98,800

Milton, NH—03851

Key Metrics at a Glance

Other Zip Codes in Milton, NH

Home Price Trends — Milton, NH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Milton, NH

% of Rental Stock

Property Listings — Milton, NH

Demographics — Milton, NH

Race and Ethnicity

Mortgage and Risk — Milton, NH

Mortgages

Rentals and Section 8 — Milton, NH

Section 8 Market Size

Section 8 Opportunity

Affordability — Milton, NH

Home Price to Income Ratio

Milton, NH — ZIP Code Boundary Map

Nearby ZIP Codes

Middleton, NH

Milton, NH

Farmington, NH

Lebanon, ME

New Durham, NH

Frequently Asked Questions

What is the average home price in Milton, NH 03851?

How have home prices in Milton, NH 03851 changed over the past year?

What is the home price projection for Milton, NH 03851?

What are the demographics of Milton, NH 03851?

How long does it take homes to sell in Milton, NH 03851?

What is the average rent price in Milton, NH 03851?