Milton, MA 02186 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Milton, MA—02186

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$1,035,000

0.3% YoY Growth

Household Income

$177,000

39.1% YoY Growth

Days on Market

12.0% Longer YoY

Home Price Forecast

1.8%

Median Rent

$3,500

3.1% YoY Growth

1-Bed Rent

$2,000

6.2% YoY Growth

2-Bed Rent

$2,950

0.0% YoY Growth

3-Bed Rent

$3,800

8.0% YoY Growth

Home Price Trends — Milton, MA

As of Dec '25, the median home price in Milton, MA is $1,035,000, with a year-over-year change of -0.3%. This indicates that home prices in Milton, MA are flat. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$1,035,000	-0.3%
Single Family	$1,047,000	0.2%
Condos	$771,000	0.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Milton, MA

As of July '25, Rentcast reports the average rent in Milton, MA is $3,700, with a year-over-year rent change of -3.1%. Per bedroom, the median rent as of July '25 in Milton, MA is studios: $1,500, 1-bedrooms: $2,070, 2-bedrooms: $3,070, 3-bedrooms: $3,910, 4-bedrooms: $4,680. The most common rental property sizes in Milton, MA are 2-bedroom and 1-bedroom, accounting for 36.9% and 24.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,500	$3,700
Studio Rent	$1,500	$1,500
1 Bed Rent	$2,000	$2,070
2 Bed Rent	$2,950	$3,070
3 Bed Rent	$3,800	$3,910
4 Bed Rent	$4,600	$4,680

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% of Rental Stock

Studio

3.6%

1 Bedroom

24.9%

2 Bedrooms

36.9%

3 Bedrooms

23.8%

4 Bedrooms

5.5%

5+ Bedrooms

5.4%

Property Listings — Milton, MA

As of Dec '25, Realtor.com reports that the median days on market for a home in Milton, MA is 66. This is a increase of 56.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$834,000	-10.0%
Listing Count	29	47.0%
Listings as % of Homes	0.3%	47.0%
Days on Market	81	12.0%

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Demographics — Milton, MA

As of the latest ACS Survey released in 2023, Milton, MA has a population of 28,700, which has increased by 4.2% over the past 5 years. Milton, MA is a popular place for families, as children make up 25.8% of the population. The area has a highly educated workforce, with 70.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	28,700	4.2%
% Under 18	25.8%	4.0%
% Seniors	15.8%	-1.2%
% WFH	25.6%	365.5%
% w/ College Degree	70.3%	15.2%

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As of the latest ACS Survey released in 2023, Milton, MA is a predominantly white area, with 71.5% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Milton, MA is black, making up 14.4% of the population. Foreign-born residents account for 14.2% of the population in Milton, MA, and this percentage has decreased by 2.7% 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	71.5%	-1.2%
% Black	14.4%	-4.0%
% Hispanic	3.4%	6.2%
% Asian	6.2%	-4.6%
% Foreign Born	14.2%	-2.7%

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Mortgage and Risk — Milton, MA

According to HUD data as of 2023, there were 462 mortgage originations in Milton, MA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Milton, MA. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	462
% Conventional Loans	97.0%
% Government Loans	3.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Milton, MA

As of 2024, the percent of homes in Milton, MA under the Section 8 program is 26.9%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Milton, MA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	390
Total Units Section 8	384
% Rentals under Section 8	26.9%
% Occupied Section 8	96.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$140	$2,000	$2,140
2 Bedroom	-$400	$2,950	$2,550
3 Bedroom	-$720	$3,800	$3,080
4 Bedroom	-$1,210	$4,600	$3,390

Milton, MA—02186

Key Metrics at a Glance

Home Price Trends — Milton, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Milton, MA

% of Rental Stock

Property Listings — Milton, MA

Demographics — Milton, MA

Race and Ethnicity

Mortgage and Risk — Milton, MA

Mortgages

Rentals and Section 8 — Milton, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Milton, MA

Home Price to Income Ratio

Milton, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Mattapan, Boston, MA

Hyde Park, Boston, MA

Dorchester, Boston, MA

Roslindale, Boston, MA

Dorchester, Boston, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.1
Median Home Price	$1,035,000
Median Household Income	$177,000

Milton, MA—02186

Key Metrics at a Glance

Home Price Trends — Milton, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Milton, MA

% of Rental Stock

Property Listings — Milton, MA

Demographics — Milton, MA

Race and Ethnicity

Mortgage and Risk — Milton, MA

Mortgages

Rentals and Section 8 — Milton, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Milton, MA

Home Price to Income Ratio

Milton, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Mattapan, Boston, MA

Hyde Park, Boston, MA

Dorchester, Boston, MA

Roslindale, Boston, MA

Dorchester, Boston, MA

Frequently Asked Questions

What is the average home price in Milton, MA 02186?

How have home prices in Milton, MA 02186 changed over the past year?

What is the home price projection for Milton, MA 02186?

What are the demographics of Milton, MA 02186?

How long does it take homes to sell in Milton, MA 02186?

What is the average rent price in Milton, MA 02186?