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Featured local agent — Milford, ME
Sarah Mitchell
Compass Real Estate · Milford, ME
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Milford, ME Housing Market & Real Estate
Housing market overview · Updated monthly ·
$192,913median sale price
How is the Milford, ME housing market right now?
The median home sale price in Milford, ME is $192,913, down 29.2% year-over-year. Homes sell in an average of 6 days with 2 active listings. The market is currently a strong 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 Milford a buyer's or seller's market?
Milford, ME is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 6 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
6
Fast-moving
Active listings
2
1.0 months supply
Sale-to-list
96.3%
Below asking
What does the Milford housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $192,913 |
| Median list price | $287,000 |
| Year-over-year price change | -29.2% |
| Average days on market | 6 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 96.3% |
| Median price per sq ft | $166/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Listings with a price cut | 50.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Milford by property type?
How the Milford, ME market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $165,825 | $175/sq ft | 1 | 3 days |
| Condo / Co-op | $220,000 | $157/sq ft | 1 | 9 days |
Source: Redfin · Updated monthly
The Milford housing market is currently classified as a strong seller's market with a median sale price of $192,913. Prices have fallen 29.2% compared to last year, with homes spending an average of 6 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in Milford
There are currently 2 homes listed for sale in Milford, Maine. The median listing price is $287K.
Active listings
2
Homes on market
Median list price
$287K
Avg. days on market
6
Days until sale
New this week
2
Newly listed
Who lives in Milford?
Population
2,312
Median income
$63,864/yr
Median age
42.7 years
Owner-occupied
85.6%
College grads
12.4%
Avg commute
21.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Milford?
Zillow home value
$233,081
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Milford?
Milford is a community of approximately 2K residents with a median age of 42.7 years.The median household income is $63,864, which represents a working-class community with solid middle-income opportunities. 12.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 85.6%, 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, Milford offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Milford?
1 schools tracked · 281 students
The largest public schools serving Milford, ME by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Dr Lewis S Libby School
Grades PK-8 · 281 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Milford, ME?
Want a head-to-head view? Compare 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 Milford?
The median home sale price in Milford is $192,913, down 29.2% from last year.
How long do homes stay on market in Milford?
Homes typically spend 6 days on market before going under contract.
What is the median income in Milford?
The median household income is $63,864 per year.
Is Milford a buyer's or seller's market?
With 1.0 months of supply, Milford is currently a strong seller's market.
What is the Zillow home value estimate for Milford?
The Zillow Home Value Index (ZHVI) for Milford is $233,081, representing the typical home value in the area.
What is the median condo price in Milford?
The median condo/co-op sale price in Milford, ME is $220,000, compared to $165,825 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Milford?
The median single-family home price in Milford, ME is $165,825 (about $175 per square foot).
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