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Featured local agent — Milford, OH
Sarah Mitchell
Compass Real Estate · Milford, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Milford, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$250,000median sale price
How is the Milford, OH housing market right now?
The median home sale price in Milford, OH is $250,000, down 13.8% year-over-year. Homes sell in an average of 49 days with 13 active listings. 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 Milford a buyer's or seller's market?
Milford, OH is currently a seller's market, based on 2.6 months of supply and homes selling in about 49 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
49
Average pace
Active listings
13
2.6 months supply
Sale-to-list
99.3%
Below asking
What does the Milford housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $250,000 |
| Median list price | $492,450 |
| Year-over-year price change | -13.8% |
| Average days on market | 49 days |
| Active inventory | 13 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 99.3% |
| Median price per sq ft | $210/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 8 |
| Listings with a price cut | 23.1% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Milford by property type?
How the Milford, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $307,500 | $227/sq ft | 2 | 56 days |
| Condo / Co-op | $230,000 | $210/sq ft | 3 | 40 days |
| Townhouse | $337,500 | $154/sq ft | 1 | 49 days |
Source: Redfin · Updated monthly
The Milford housing market is currently classified as a seller's market with a median sale price of $250,000. Prices have fallen 13.8% compared to last year, with homes spending an average of 49 days on market, indicating 2.6 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 4.7x provides context for how home values compare to local earning capacity.
Homes for sale in Milford
There are currently 13 homes listed for sale in Milford, Ohio. The median listing price is $492K.
Active listings
13
Homes on market
Median list price
$492K
Avg. days on market
49
Days until sale
New this week
8
Newly listed
Who lives in Milford?
Population
6,525
Median income
$72,907/yr
Median age
46.8 years
Owner-occupied
49.6%
College grads
38.1%
Avg commute
21.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Milford?
Zillow home value
$340,267
Zillow rent index
$1,606/mo
Price-to-rent ratio
17.7x
Price-to-income
4.7x
Source: Zillow Research
What is it like to live in Milford?
Milford is a community of approximately 7K residents with a median age of 46.8 years.The median household income is $72,907, which represents a working-class community with solid middle-income opportunities. 38.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 49.6%, showing a blend of owner and renter-occupied properties. The average commute time is 21.4 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?
10 schools tracked · 6,165 students
The largest public schools serving Milford, OH 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.
Milford Sr High School
Grades 9-12 · 1,826 students
Milford Junior High School
Grades 7-8 · 972 students
Live Oaks Cdc
Grades 11-12 · 625 students
Meadowview Elementary School
Grades K-6 · 611 students
Boyd E Smith Elementary School
Grades PK-6 · 486 students
Pattison Elementary School
Grades K-6 · 479 students
Charles L Seipelt Elementary School
Grades K-6 · 463 students
Mulberry Elementary School
Grades K-6 · 451 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, OH?
Want a head-to-head view? Compare Milford side-by-side with any other U.S. city using our market-comparison tool.
Is Milford a good real estate investment market?
For investors evaluating Milford, the price-to-rent ratio of 17.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 13.8% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Milford's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Milford's median home price.
Frequently asked questions
What is the average home price in Milford?
The median home sale price in Milford is $250,000, down 13.8% from last year.
How long do homes stay on market in Milford?
Homes typically spend 49 days on market before going under contract.
What is the median income in Milford?
The median household income is $72,907 per year.
Is Milford a buyer's or seller's market?
With 2.6 months of supply, Milford is currently a seller's market.
What is the Zillow home value estimate for Milford?
The Zillow Home Value Index (ZHVI) for Milford is $340,267, 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, OH is $230,000, compared to $307,500 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, OH is $307,500 (about $227 per square foot).
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