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Featured local agent — New Milford, IL
Sarah Mitchell
Compass Real Estate · New Milford, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Milford, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$390,000median sale price
How is the New Milford, IL housing market right now?
The median home sale price in New Milford, IL is $390,000. Homes sell in an average of 2 days. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is New Milford a buyer's or seller's market?
New Milford, IL is currently a seller's market and homes selling in about 2 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
2
Fast-moving
Active listings
—
Sale-to-list
100.0%
Above asking
What does the New Milford housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $390,000 |
| Average days on market | 2 days |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $230/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in New Milford by property type?
How the New Milford, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $390,000 | $230/sq ft | 1 | 2 days |
Source: Redfin · Updated monthly
The New Milford housing market is currently classified as a seller's market with a median sale price of $390,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 2 days on market.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
Explore homes currently listed for sale in New Milford, Illinois across major real estate platforms.
Who lives in New Milford?
Population
1,183
Median income
$73,125/yr
Median age
33.2 years
Owner-occupied
88.6%
College grads
8.5%
Avg commute
21.6 min
Source: U.S. Census Bureau ACS
What is it like to live in New Milford?
New Milford is a community of approximately 1K residents with a median age of 33.2 years.The median household income is $73,125, which represents a working-class community with solid middle-income opportunities. 8.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 88.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New Milford offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near New Milford, IL?
Want a head-to-head view? Compare New Milford side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in New Milford?
The median home sale price in New Milford is $390,000, down 0.0% from last year.
How long do homes stay on market in New Milford?
Homes typically spend 2 days on market before going under contract.
What is the median income in New Milford?
The median household income is $73,125 per year.
How much does a single-family home cost in New Milford?
The median single-family home price in New Milford, IL is $390,000 (about $230 per square foot).
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