New Milford, CT Housing Market & Real Estate

Seller's market+94.1% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in New Milford, CT is $422,000, up 94.1% year-over-year. Homes sell in an average of 37 days with 12 active listings. The market is currently a seller's market.

$422,000median sale price

Is New Milford a buyer's or seller's market?

Seller's market1.7 months of supply37 avg. days on market

New Milford, CT is currently a seller's market, based on 1.7 months of supply and homes selling in about 37 days. How we determine this →

Homes sold

7

Last 12 weeks

Days on market

37

Average pace

Active listings

12

1.7 months supply

Sale-to-list

97.8%

Below asking

New Milford, CT market data

Current housing market statistics for New Milford, CT
MetricValue
Median sale price$422,000
Median list price$200,000
Year-over-year price change+94.1%
Average days on market37 days
Active inventory12 listings
Months of supply1.7 months
Sale-to-list price ratio97.8%
Market conditionSeller's market

Source: Redfin · Updated weekly

The New Milford housing market is currently classified as a seller's market with a median sale price of $422,000. Prices have risen 94.1% compared to last year, with homes spending an average of 37 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in New Milford

There are currently 12 homes listed for sale in New Milford, Connecticut. The median listing price is $200K.

Active listings

12

Homes on market

Median list price

$200K

Avg. days on market

37

Days until sale

New this week

6

Newly listed

Sale-to-list:97.8%

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Frequently asked questions

What is the average home price in New Milford?

The median home sale price in New Milford is $422,000, up 94.1% from last year.

How long do homes stay on market in New Milford?

Homes typically spend 37 days on market before going under contract.

Is New Milford a buyer's or seller's market?

With 1.7 months of supply, New Milford is currently a seller's market.

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