Is Millis, MA 02054 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Millis is a seller’s market. With about 1.6 months of supply and 47% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score84/ 100

More competitive than 89% of U.S. ZIP codes, and #169 of 362 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.6Under 4 months = seller’s market
Sold above original list46.6%Share of sales, last 3 months
Median sale-to-list100.9%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$369▲ +10.4% vs. last year

The Millis housing market right now

In the three months ending August 31, 2026, 47% of homes in Millis, MA 02054 sold above their list price, the typical home went under contract in 25 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 31 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (48% then), homes sold more slowly (19 days then) and the median sale price rose 19% to $857,129. Overall, Millis is less competitive than a year ago, which gives buyers more room.

Within Norfolk County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 66%. On our competition score, Millis ranks #169 of 362 MA ZIP codes with enough sales (score 84 out of 100).

Nearby, buyers who want less competition could look at Dover 02030 (5% sold over asking) or South Walpole 02071 (20% sold over asking), while East Walpole 02032 (73% sold over asking) and Holbrook 02343 (71% sold over asking) are even more competitive.

Nearby markets

Avon 02322Seller’s market $335 /sq ftBellingham 02019Seller’s market $282 /sq ftBraintree 02184Seller’s market $428 /sq ftBrookline 02445Balanced $776 /sq ft Browse all markets →

Where Millis is

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Questions about Millis real estate

Is Millis a buyer’s or seller’s market?

A seller’s market: there were 1.6 months of supply in Millis, MA 02054 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Millis?

The typical home went under contract in 25 days in the latest three months.

Do homes in Millis sell over asking?

47% of homes sold above their original list price, and the typical sale closed at 100.9% of the list price.

What are property taxes in Millis?

About 1.06% of a home’s value a year in Norfolk County, or roughly $4,240 on a $400,000 home.

What is the median home price in Millis?

The median sale price was $857,129 in the three months ending August 31, 2026, about $369 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology