New Milford, CT Home Values & Market Trends
Real estate market trends reflect that there have been 380 transactions over the past year in New Milford. The median value for residential home transactions that occurred over the previous year is $422,639.88. The number of current listings in New Milford is 15, and the percentage of properties for sale in the city is 15.00%. New Milford, CT currently has 8 properties in foreclosure, 3 bank owned properties, 4 properties headed for auction, and 15 properties for sale.
New Milford, CT Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 06776 | $ 456,250 $ 212/sqft |
Housing Market Summary for New Milford, CT
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $394.5K | $377.1K | -4.40% |
| Median Sold Price | $348.3K | $377.1K | 8.30% |
| Homes For Sale | 21 | 15 | -28.57% |
| Homes Sold | 153 | 145 | -5.23% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in New Milford, CT
Browse Homes in New Milford, CT
New Milford home values range from $57,335 to $4,392,713. The median estimated value of a home in New Milford is $422,639.88. The median list price of a home is 345,000, and the total count of properties in the city is 9,768.
- Pre-ForeclosurePre-foreclosure homes account for 0.01% of all residential properties in New Milford, CT with 06776 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within New Milford, CT; of that zips, the estimated home value for pre-foreclosure homes ranges from $222,250 in 06776 to the lowest home value of $222,250 in 06776.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Milford, CT ranges from the highest value of $629,000 in 06776 to the lowest value of $202,000 in 06776. Bank owned homes and properties account for 0.03% of properties in New Milford, CT. There is 1 zips within New Milford, CT; 06776 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions06776 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of New Milford, CT. Auction homes and other auction properties account for 0.04% of all properties in New Milford, CT. There is 1 zips within New Milford, CT; of that zips, the median estimated home value for homes going to auction ranges from $510,800 in 06776 to the lowest value of $286,400 in 06776.
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More Real Estate Resources for New Milford, CT
Guide for New Milford, CT
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