08332, Millville, NJ

Millville is a small town located in the 8332 zip code of New Jersey. The population of Millville was 10,824 as of the 2010 census. Millville is a residential town with a mix of single-family homes and apartments. The median home value in the 8332 zip code is $128,000, which is lower than the statewide median home value of $169,900.

The average home equity in the 8332 zip code is $50,000. Home prices have been slowly increasing over the past few years and are now slightly above where they were at their peak in 2007. In spite of this increase, Millville remains one of the more affordable towns in New Jersey when compared to other larger cities such as Newark or Trenton.

One reason that home prices have increased relatively slowly in Millville may be due to low demand for housing relative to population growth. There has been an influx of new residents into Millville over the past few years but not enough new homes have been built to meet demand. This has caused home values to rise more slowly than they would if there was greater competition for housing units.