Millbrook, NY 12545 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Millbrook, NY—12545

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$637,000

5.7% YoY Growth

Household Income

$78,000

12.1% YoY Growth

Days on Market

83

11.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$2,600

5.2% YoY Growth

1-Bed Rent

$1,850

4.6% YoY Growth

2-Bed Rent

$2,440

8.1% YoY Growth

3-Bed Rent

$3,500

13.7% YoY Growth

Home Price Trends — Millbrook, NY

Millbrook, NY lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$637,000	5.7%
Single Family	$664,000	5.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Millbrook, NY

As of July '25, Rentcast reports the average rent in Millbrook, NY is $3,670, with a year-over-year rent change of -5.2%. Per bedroom, the median rent as of July '25 in Millbrook, NY is 1-bedrooms: $1,830, 2-bedrooms: $2,500, 3-bedrooms: $4,890, 4-bedrooms: $9,500. The most common rental property sizes in Millbrook, NY are 2-bedroom and 1-bedroom, accounting for 40.5% and 32.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,600	$3,670
Studio Rent	N/A	N/A
1 Bed Rent	$1,850	$1,830
2 Bed Rent	$2,440	$2,500
3 Bed Rent	$3,500	$4,890
4 Bed Rent	$9,500	$9,500

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% of Rental Stock

Studio

14.9%

1 Bedroom

32.6%

2 Bedrooms

40.5%

3 Bedrooms

10.3%

5+ Bedrooms

1.7%

Property Listings — Millbrook, NY

As of Dec '25, Realtor.com reports that the median days on market for a home in Millbrook, NY is 59. This is a increase of 8.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$1,520,000	38.0%
Listing Count	25	-4.0%
Listings as % of Homes	1.0%	-4.0%
Days on Market	83	-11.0%

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Demographics — Millbrook, NY

As of the latest ACS Survey released in 2023, Millbrook, NY has a population of 4,390, which has decreased by -7.6% over the past 5 years. Millbrook, NY is a less popular place for families, as children make up 12.6% of the population. The area has a moderately educated workforce, with 41.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,390	-7.6%
% Under 18	12.6%	-27.2%
% Seniors	31.6%	30.0%
% WFH	22.4%	85.1%
% w/ College Degree	41.2%	-1.7%

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As of the latest ACS Survey released in 2023, Millbrook, NY is a predominantly white area, with 84.9% of the population identifying as white. The white population has grown by 0.1% in the last 5 years. The second most common race or ethnicity in Millbrook, NY is hispanic, making up 9.0% of the population. Foreign-born residents account for 8.5% of the population in Millbrook, NY, and this percentage has decreased by 1.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	84.9%	0.1%
% Black	1.8%	-64.7%
% Hispanic	9.0%	13.9%
% Asian	2.3%	228.6%
% Foreign Born	8.5%	-1.2%

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Mortgage and Risk — Millbrook, NY

According to HUD data as of 2023, there were 54 mortgage originations in Millbrook, NY, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Millbrook, NY. Investor activity is low, as 6.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	54
% Conventional Loans	96.0%
% Government Loans	4.0%
% Investor Loans	6.0%
% Second Loans	4.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Millbrook, NY

As of 2024, the percent of homes in Millbrook, NY under the Section 8 program is 1.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Millbrook, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	8
Total Units Section 8	8
% Rentals under Section 8	1.0%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$550	$1,850	$1,300
2 Bedroom	-$780	$2,440	$1,660
3 Bedroom	-$1,380	$3,500	$2,120
4 Bedroom	-$7,190	$9,500	$2,310

Millbrook, NY—12545

Key Metrics at a Glance

Home Price Trends — Millbrook, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Millbrook, NY

% of Rental Stock

Property Listings — Millbrook, NY

Demographics — Millbrook, NY

Race and Ethnicity

Mortgage and Risk — Millbrook, NY

Mortgages

Rentals and Section 8 — Millbrook, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Millbrook, NY

Home Price to Income Ratio

Millbrook, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Verbank, NY

Dover Plains, NY

Stanfordville, NY

Wassaic, NY

Clinton Corners, NY

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	7.2
Median Home Price	$637,000
Median Household Income	$78,000

Millbrook, NY—12545

Key Metrics at a Glance

Home Price Trends — Millbrook, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Millbrook, NY

% of Rental Stock

Property Listings — Millbrook, NY

Demographics — Millbrook, NY

Race and Ethnicity

Mortgage and Risk — Millbrook, NY

Mortgages

Rentals and Section 8 — Millbrook, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Millbrook, NY

Home Price to Income Ratio

Millbrook, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Verbank, NY

Dover Plains, NY

Stanfordville, NY

Wassaic, NY

Clinton Corners, NY

Frequently Asked Questions

What is the average home price in Millbrook, NY 12545?

How have home prices in Millbrook, NY 12545 changed over the past year?

What is the home price projection for Millbrook, NY 12545?

What are the demographics of Millbrook, NY 12545?

How long does it take homes to sell in Millbrook, NY 12545?

What is the average rent price in Millbrook, NY 12545?