Milford, NJ

Buyer's market-30.6% YoY

Housing market overview · Updated weekly

$250,000median sale price

Homes sold

2

Last 12 weeks

Days on market

92

Average pace

Active listings

11

5.5 months supply

Sale-to-list

95.5%

Below asking

The Milford housing market is currently classified as a buyer's market with a median sale price of $250,000. Prices have fallen 30.6% compared to last year, with homes spending an average of 92 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Milford

There are currently 11 homes listed for sale in Milford, New Jersey. The median listing price is $425K.

Active listings

11

Homes on market

Median list price

$425K

Avg. days on market

92

Days until sale

New this week

2

Newly listed

Sale-to-list:95.5%

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Frequently asked questions

What is the average home price in Milford?

The median home sale price in Milford is $250,000, down 30.6% from last year.

How long do homes stay on market in Milford?

Homes typically spend 92 days on market before going under contract.

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

With 5.5 months of supply, Milford is currently a buyer's market.

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