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ZIP 07041 in Millburn, NJ: housing market trends

The median home sale price in ZIP 07041 in Millburn, NJ was $1,484,564 for the three-month period ending September 2026. Sale prices were 6.4% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$1,484,564
three-month period ending September 2026
Median sale price per sq ft
$789.19
three-month period ending September 2026
Active listings
34
three-month period ending September 2026
Typical monthly rent
$3,708
Rent index · August 2026

How is housing inventory changing?

There were 34 active listings for the three-month period ending September 2026. Active listings were essentially unchanged from the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 21 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 07041 in Millburn, NJ
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$1,484,564$789.1918
Single-familySeptember 2026$1,499,622$789.1815
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026$1,470,000Unavailable3 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 07041 in Millburn, NJ
MarketMedian sale priceReporting period / source
Millburn, NJUnavailableMonth ending unavailable date · Zillow
Springfield, NJUnavailableMonth ending unavailable date · Zillow
Maplewood, NJ$1,200,000Month ending July 2026 · Zillow
Short Hills, NJ$2,497,5613 months ending September 2026 · Redfin
Union, NJ$636,200Month ending July 2026 · Zillow
South Orange, NJUnavailableMonth ending unavailable date · Zillow

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 07041 in Millburn, NJ
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$1,484,564$789.1934
August 2026$1,574,000$771.3134
July 2026$1,510,000$757.2039
June 2026$1,574,000$753.2441
May 2026$1,450,000$798.2233
April 2026$1,680,000$799.6835
March 2026$1,469,500$848.6126
February 2026$1,620,000$848.6126
January 2026$1,625,000$763.7322
December 2025$1,287,000$699.6224
November 2025$1,100,000$631.7629
October 2025$1,265,000$632.9535
September 2025$1,395,500$681.5534
August 2025$1,342,500$697.6738
July 2025$1,332,500$697.6752
June 2025$1,280,000$687.8153
May 2025$1,414,000$680.0047
April 2025$1,064,500$672.5239
March 2025$860,000$573.1129
February 2025$860,000$584.2923
January 2025$860,000$584.2922
December 2024$1,100,000$578.0524
November 2024$1,105,000$579.0828
October 2024$1,333,000$615.2833

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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