Explore Millbrook, AL - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$229,900

Market Insights

Millbrook's real estate market is experiencing a price correction, with values down 9.3% from last year. Home prices have decreased 4.2% in the past month. With 2.0 months of supply, Millbrook's inventory levels remain relatively tight. Homes are taking about 36 days to sell, which is -20 days longer than this time last year. Only 8.8% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 17.6% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Millbrook market with the affordability index at 74.7. Based on current market indicators, home prices in Millbrook are projected to increase by approximately 3.7% over the next month.

Demographics market for - Millbrook, AL

Total Population -

16,136

White Population

69.11%

Black Population

25.12%

Mexican81.00% (4.12% of total population)
Puerto Rican14.86% (0.76% of total population)
Cuban0%
Dominican0%
Salvadoran0%
Costa Rican4.14% (0.21% of total population)
Gautemalan0%
Honduran0%
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian0%
Ecuadorian0%
Peruvian0%
Uruguyan0%
Venezuelan0%

Indian 0%
Bangladeshi 0%
Chinese 0%
Bhutanese 0%
Burmese 0%
Filipino 5.85% (0.30% of total population)
Hmong 0%
Indonesian 0%
Japanese 1.58% (0.08% of total population)
Korean 5.97% (0.30% of total population)
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0%
Vietnamese 0%

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Millbrook, AL

Arson11.11%
Counterfeiting/Forgery11.11%
Embezzlement11.11%
Fraud Offenses66.67%

Sex Offenses100.00%

Homicide Offenses100.00%

Assault Offenses100.00%

Motor Vehicle Theft0.93%
Destruction/Damage/Vandalism of Property3.27%
Burglary/Breaking & Entering0.93%
Larceny/Theft Offenses92.52%
Stolen Property Offenses2.34%

Real Estate Market Prediction for - Millbrook, AL

City Hotspots
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