What is the housing market like in Downtown Millburn today?
In May 2025, Downtown Millburn home prices were up 11.9% compared to last year, selling for a median price of $1.1M. On average, homes in Downtown Millburn sell after 24 days on the market compared to 50 days last year. There were 5 homes sold in May this year, up from 4 last year.
$1.51M
Sale Price
+40.9% since last year
$704
Sale $/Sq. Ft.
Under List Price
1.5%
Days on Market
103
Down Payment
—
Total Homes Sold
2
To compare other locations to the Downtown Millburn and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Short Hills add value to a home.
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View houses in Downtown Millburn that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Millburn housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Millburn.
Flood Factor - Major
55% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Millburn has a major risk of flooding. 163 properties in Downtown Millburn are likely to be
severely affected
by flooding over the next 30 years. This represents 55% of all properties in Downtown Millburn. Flood risk is increasing slower than the national average.
21% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Millburn has a moderate risk of wildfire. There are 87 properties in Downtown Millburn that have some risk of being affected by wildfire over the next 30 years. This represents 21% of all properties in Downtown Millburn.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Millburn has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Millburn is most at risk from hurricanes. 411 properties in Downtown Millburn have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 88 mph.
86% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Downtown Millburn has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 86% of homes in Downtown Millburn have a Severe Heat Factor®.
Downtown Millburn is expected to see a 114% increase in the number of days over 102ºF over the next 30 years. Downtown Millburn is expected to experience 7