Milford, CT Home Values & Market Trends
Real estate market trends reflect that there have been 704 transactions over the past year in Milford. The median value for residential home transactions that occurred over the previous year is $448,620.53. The number of current listings in Milford is 57, and the percentage of properties for sale in the city is 57.00%. Milford, CT currently has 18 properties in foreclosure, 3 bank owned properties, 2 properties headed for auction, and 57 properties for sale.
Milford, CT Real Estate Market Overview
Housing Market Summary for Milford, CT
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $387K | $409.9K | 5.92% |
| Median Sold Price | $360K | $409.9K | 13.86% |
| Homes For Sale | 63 | 46 | -26.98% |
| Homes Sold | 258 | 278 | 7.75% |
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 Milford, CT
Browse Homes in Milford, CT
Milford home values range from $40,424 to $3,350,000. The median estimated value of a home in Milford is $448,620.53. The median list price of a home is 400,000, and the total count of properties in the city is 19,669.
- Pre-ForeclosurePre-foreclosure homes account for 0.07% of all residential properties in Milford, CT with 06460 containing 12 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Milford, CT; of those zips, the estimated home value for pre-foreclosure homes ranges from $619,500 in 06461 to the lowest home value of $325,000 in 06460.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Milford, CT ranges from the highest value of $467,300 in 06460 to the lowest value of $407,750 in 06461. Bank owned homes and properties account for 0.02% of properties in Milford, CT. There are 2 zips within Milford, CT; 06460 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions06460 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Milford, CT. Auction homes and other auction properties account for 0.01% of all properties in Milford, CT. There are 2 zips within Milford, CT; of those zips, the median estimated home value for homes going to auction ranges from $831,750 in 06460 to the lowest value of $328,500 in 06460.
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