Is Millville, NJ 08332 a buyer’s or seller’s market?
Millville is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 55% of U.S. ZIP codes, and #391 of 444 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
The Millville housing market right now
In the three months ending August 31, 2026, 38% of homes in Millville, NJ 08332 sold above their list price, the typical home went under contract in 48 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 135 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (38% then), homes sold more slowly (42 days then) and the median sale price held steady to $256,889. Overall, Millville is about as competitive as it was a year ago.
Within Cumberland County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 64%. On our competition score, Millville ranks #391 of 444 NJ ZIP codes with enough sales (score 54 out of 100).
Nearby, buyers who want less competition could look at Rosenhayn 08352 (0% sold over asking) or Heislerville 08324 (0% sold over asking), while Milmay 08340 (100% sold over asking) and Shiloh 08353 (100% sold over asking) are even more competitive.
Run the numbers for 08332
Nearby markets
Bridgeton 08302Balanced $181 /sq ftCedarville 08311Buyer’s market $137 /sq ftDelmont 08314 — /sq ftDorchester 08316Seller’s market $215 /sq ft Browse all markets →Towns like Millville nearby
Find towns like Millville in other states →Where Millville is
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Questions about Millville real estate
Is Millville a buyer’s or seller’s market?
A balanced market: there were 4.1 months of supply in Millville, NJ 08332 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 Millville?
The typical home went under contract in 48 days in the latest three months.
Do homes in Millville sell over asking?
38% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in Millville?
About 2.51% of a home’s value a year in Cumberland County, where towns range from 2.16% to 3.63%, or roughly $10,044 on a $400,000 home.
What is the median home price in Millville?
The median sale price was $256,889 in the three months ending August 31, 2026, about $192 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