Millbrook, AL 36054 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Millbrook, AL—36054

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$215,000

4.4% YoY Growth

Household Income

$61,000

4.1% YoY Growth

Days on Market

2.0% Longer YoY

Home Price Forecast

1.2%

Median Rent

$1,350

11.7% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,300

12.1% YoY Growth

3-Bed Rent

$1,300

9.7% YoY Growth

Home Price Trends — Millbrook, AL

As of Dec '25, the median home price in Millbrook, AL is $215,000, with a year-over-year change of 4.4%. This indicates that home prices in Millbrook, AL are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$215,000	4.4%
Single Family	$215,000	4.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Millbrook, AL

As of July '25, Rentcast reports the average rent in Millbrook, AL is $1,530, with a year-over-year rent change of 11.7%. Per bedroom, the median rent as of July '25 in Millbrook, AL is 2-bedrooms: $1,300, 3-bedrooms: $1,470, 4-bedrooms: $1,890. The most common rental property sizes in Millbrook, AL are 2-bedroom and 3-bedroom, accounting for 45.7% and 35.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,350	$1,530
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,300	$1,300
3 Bed Rent	$1,300	$1,470
4 Bed Rent	$1,800	$1,890

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% of Rental Stock

1 Bedroom

12.6%

2 Bedrooms

45.7%

3 Bedrooms

35.5%

4 Bedrooms

4.9%

5+ Bedrooms

1.3%

Property Listings — Millbrook, AL

As of Dec '25, Realtor.com reports that the median days on market for a home in Millbrook, AL is 44. This is a decrease of -4.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$236,000	-18.0%
Listing Count	45	20.0%
Listings as % of Homes	0.4%	20.0%
Days on Market	45	2.0%

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Demographics — Millbrook, AL

As of the latest ACS Survey released in 2023, Millbrook, AL has a population of 14,900, which has decreased by -7.4% over the past 5 years. Millbrook, AL is a moderately popular place for families, as children make up 23.5% of the population. The area has a moderately educated workforce, with 28.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	14,900	-7.4%
% Under 18	23.5%	-15.2%
% Seniors	15.7%	61.9%
% WFH	7.4%	196.0%
% w/ College Degree	28.1%	6.0%

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As of the latest ACS Survey released in 2023, Millbrook, AL is a predominantly white area, with 60.0% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Millbrook, AL is black, making up 27.2% of the population. Foreign-born residents account for 3.4% of the population in Millbrook, AL, and this percentage has increased by 78.9% 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	60.0%	-7.0%
% Black	27.2%	-2.2%
% Hispanic	6.9%	50.0%
% Asian	1.5%	400.0%
% Foreign Born	3.4%	78.9%

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Mortgage and Risk — Millbrook, AL

According to HUD data as of 2023, there were 286 mortgage originations in Millbrook, AL, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Millbrook, AL. Investor activity is low, as 2.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	286
% Conventional Loans	56.0%
% Government Loans	44.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	19.0%

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Rentals and Section 8 — Millbrook, AL

Millbrook, AL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	25
Total Units Section 8	25
% Rentals under Section 8	1.5%
% Occupied Section 8	93.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$830
2 Bedroom	-$310	$1,300	$990
3 Bedroom	-$40	$1,300	$1,260
4 Bedroom	-$220	$1,800	$1,580

Millbrook, AL—36054

Key Metrics at a Glance

Home Price Trends — Millbrook, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Millbrook, AL

% of Rental Stock

Property Listings — Millbrook, AL

Demographics — Millbrook, AL

Race and Ethnicity

Mortgage and Risk — Millbrook, AL

Mortgages

Rentals and Section 8 — Millbrook, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Millbrook, AL

Home Price to Income Ratio

Millbrook, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Coosada, AL

Prattville, AL

Elmore, AL

Montgomery, AL

Brickdale Estates, AL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$215,000
Median Household Income	$61,000

Millbrook, AL—36054

Key Metrics at a Glance

Home Price Trends — Millbrook, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Millbrook, AL

% of Rental Stock

Property Listings — Millbrook, AL

Demographics — Millbrook, AL

Race and Ethnicity

Mortgage and Risk — Millbrook, AL

Mortgages

Rentals and Section 8 — Millbrook, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Millbrook, AL

Home Price to Income Ratio

Millbrook, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Coosada, AL

Prattville, AL

Elmore, AL

Montgomery, AL

Brickdale Estates, AL

Frequently Asked Questions

What is the average home price in Millbrook, AL 36054?

How have home prices in Millbrook, AL 36054 changed over the past year?

What is the home price projection for Millbrook, AL 36054?

What are the demographics of Millbrook, AL 36054?

How long does it take homes to sell in Millbrook, AL 36054?

What is the average rent price in Millbrook, AL 36054?