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Home values, rents and more in Milton, FL

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$286,000
Metro: $309,000 · U.S.: $366,000
Home values, past year
+1.8%
Metro: +1.6% · U.S.: +1.2%
Typical rent
$1,800/mo
Metro: $1,735 · U.S.: $1,932
Rents, past year
+3.9%
Metro: +2.8% · U.S.: +2.9%
Population
10,733
ACS 2020–24
Median household income
$76,301
Metro: $75,967 · U.S.: $80,734
ZIP codes around Milton, FL, shaded by typical home valueMilton32530
  • Under $280k
  • $280k–$290k
  • $290k–$300k
  • $300k–$310k
  • $310k+
  • No data
ZIP codes around Milton, FL, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Milton is outlined.

How Milton compares

The typical home in Milton, FL is worth about $286,000, according to the Zillow Home Value Index for September 2026. Home values in Milton are 7% below the typical value in the Pensacola metro area ($309,000) and 22% below the U.S. typical value ($366,000).

Over the past year, home values in Milton rose 1.8%, compared with +1.6% in the Pensacola metro area and +1.2% nationally.

Typical rent is $1,800 a month (Zillow Observed Rent Index), 4% above the Pensacola metro area ($1,735) and 7% below the U.S. ($1,932). Rents rose 3.9% over the past year.

The median household income is $76,301, against $75,967 in the Pensacola metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 10,733 people live in Milton (American Community Survey 2020–24).

Milton has the 3rd-lowest typical home value of the 7 cities in the Pensacola metro area and the 146th-lowest of 496 in Florida with Zillow figures.

Part of: Santa Rosa County, FL · Pensacola metro area · Florida

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Milton, FL

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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