Is Millbrook, NY 12545 a buyer’s or seller’s market?
Millbrook is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Millbrook housing market right now
In the three months ending August 31, 2026, 29% of homes in Millbrook, NY 12545 sold above their list price, the typical home went under contract in 57 days and there were 4.8 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 14 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 20%, homes sold faster (60 days then) and the median sale price rose 43% to $882,118. Overall, Millbrook is more competitive than a year ago, so tougher for buyers.
Within Dutchess County, homes here sell more slowly than in 81% of the county’s ZIP codes, and sell less often over asking than in 81%.
Nearby, buyers who want less competition could look at Tivoli 12583 (0% sold over asking) or Stanfordville 12581 (0% sold over asking), while Verbank 12585 (75% sold over asking) and Wappingers Falls 12590 (64% sold over asking) are even more competitive.
Run the numbers for 12545
Nearby markets
Amenia 12501Buyer’s market $189 /sq ftBarrytown 12507 — /sq ftBeacon 12508Balanced $400 /sq ftChelsea 12512 — /sq ft Browse all markets →Towns like Millbrook nearby
Find towns like Millbrook in other states →Where Millbrook is
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Questions about Millbrook real estate
Is Millbrook a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Millbrook, NY 12545 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 Millbrook?
The typical home went under contract in 57 days in the latest three months.
Do homes in Millbrook sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Millbrook?
About 1.89% of a home’s value a year in Dutchess County, or roughly $7,560 on a $400,000 home.
What is the median home price in Millbrook?
The median sale price was $882,118 in the three months ending August 31, 2026, about $439 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