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Our Milton, MA real estate website provides a wealth of information for home buyers and home sellers. Below, you will find information on the history and culture of Milton as well as links to more detailed information such as demographics and schools. You may view a virtual tour, search homes for sale, and access information on different types of properties such as condos, farms, foreclosures, and vacation homes. This website will give you everything you need to buy or sell a home in Milton, MA.
Virtual Homes is a full-service residential real estate company dedicated to providing a wealth of real estate and local community information to home buyers and home sellers. Our agents are ready to assist you with all of your real estate needs.
Milton MA Community Profile & History
Milton, Massachusetts is an affluent suburban community between the Neponset River and the Blue Hills. Although the first English traders arrived in the 1620's, the earliest permanent settlement occurred in 1634 when colonists created an agricultural community, growing barley, rye and Indian corn. A powder mill established in 1674 is thought to be the earliest in the colonies, taking advantage of the town's valuable water power sites.
Boston investors, seeing the potential of the town and its proximity to the city, provided the capital to develop 18th-century Milton as an important industrial site with an iron slitting mill, paper and sawmills and the first chocolate factory in New England in 1764. Benjamin Crahore began making pianos in 1800 in what is thought to be the first piano factory in the country.
Situated at the head of a tidewater, the town became a commercial trading center where goods from the interior could be exchanged for West Indian imports. Prosperous Bostonians, including Governor Hutchinson, followed their investments and moved to the town, creating an early estate district which grew side-by-side with 125 farms.
Immigrants from Ireland, Nova Scotia and Scotland further accelerated the town's growth, drawn to the new jobs created by the mills. Laying of streetcar lines fueled the rapid expansion of residential development and between 1870 and 1915 Milton effectively grew into the community it is now, a wealthy streetcar suburb with only some chocolates, biscuits and market produce to remind residents of the past.
By 1929 many of the big estates were broken up into subdivisions continuing the town's residential growth. The community retains a good many 19th century country houses, estates and early 19th century workers' houses today.
Milton Massachusetts Community Information
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Different financing alternatives are available depending on whether you are purchasing a single family, condo, multi-family, or investment property. Understanding the pros and cons of each may help you decide which option is the best for you. Speak to our buyer agent professionals and mortgage partners to understand and evaluate your options.
Milton, MA Real Estate Market Statistics
The following information was extracted from the state-wide MLS system and its accuracy is not guranteed.
Milton Single Family Home Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 144 203 $550887 $275000 $465000 $2200000 |
2007 120 218 $542900 $246000 $439850 $2175000 |
2008 109 230 $518982 $190000 $456000 $2546200 |
2009 103 208 $505411 $199000 $443000 $1715850 |
2010 107 205 $545404 $169900 $469000 $2850000 |
Average Selling Price of Single Family Homes in Milton
| 2006 |  $550887 | |
| 2007 | $542900 | |
| 2008 | $518982 | |
| 2009 | $505411 | |
| 2010 | $545404 |
Milton Condominum Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 392 18 $455472 $296000 $411500 $930000 |
2007 204 18 $377486 $215000 $325000 $726000 |
2008 150 10 $447350 $305000 $391250 $760000 |
2009 139 9 $386475 $176500 $350000 $667875 |
2010 238 18 $360472 $193000 $372500 $493000 |
Average Selling Price of Condominiums in Milton
| 2006 | $455472 | |
| 2007 | $377486 | |
| 2008 | $447350 | |
| 2009 | $386475 | |
| 2010 | $360472 |