Milton, FL housing market

The median sale price in Milton, FL was $255K in May 2026, up 18.3% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $227K, easing from $247K across the three months before that. That puts prices 18.8% below the strongest three-month stretch on record here, which ended in Sep 2023 at $279K. Zillow's home value index, which models the entire housing stock rather than only the homes that changed hands, reads $289K for Jun 2026, up 1.1% year over year.

Buyers had 37 homes to choose from in May 2026, down 33.9% year over year (Redfin). At the current sales pace that standing inventory works out to 5.3 months of supply; convention treats four to six months as a balanced market, which puts Milton, FL squarely inside it. 11 homes came to market in May 2026, down 47.6% year over year, against 7 closings. Homes that sold in May 2026 took a median of 64 days to go under contract, 16 days faster than this market's usual May pace.

Competition is measurable in the closings themselves: 14% settled above asking, and the average sale landed at 98% of its final list price. 27% of listings carried a price cut in May 2026.

This page tracks 10 monthly housing series for Milton, FL — median sale price, ZHVI home value, inventory (active), median days on market, months of supply, homes sold, and more — sourced from Redfin, Zillow ZHVI, running from Aug 2016 through Jun 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.