08848 Home Values & Market Trends
There are 80 homes currently listed for 08848. 08848 real estate market trends show that home prices range from $280,000 to $1,650,000, and the median sales price in the 08848 zip code is $500,147.52. The total number of properties sold within the past twelve months is 89. In 08848, 31 properties are in foreclosure, 1 are bank owned properties,and 2 are headed for auction.
08848 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Milford | $ 500,726 $ 275/sqft |
Housing Market Summary for 08848
| Apr 2025 | April 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $435K | $526.5K | 21.03% |
| Median Sold Price | $465.6K | $526.5K | 13.09% |
| Homes For Sale | 5 | 77 | 1440.00% |
| Homes Sold | 61 | 35 | -42.62% |
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 08848
Browse Homes in 08848
The median list price of a home in Milford, is $500,147.52. A total of 80 properties are for sale, and the percentage of properties for sale in the zip code is 72.07%. The total count of 08848 properties is 2,806.
- Pre-ForeclosurePre-foreclosure homes account for 1.00% of all residential properties in 08848 with Milford containing 28 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 08848; of that cities, the estimated home value for pre-foreclosure homes ranges from $784,942 in Milford to the lowest home value of $285,284 in Milford.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 08848 ranges from the highest value of $494,379 in Milford to the lowest value of $494,379 in Milford. Bank owned homes and properties account for 0.04% of properties in 08848. There is 1 cities within 08848; Milford containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMilford has 2 auction properties, the highest number of properties going to auction in a single city in the state of 08848. Auction homes and other auction properties account for 0.07% of all properties in 08848. There is 1 cities within 08848; of that cities, the median estimated home value for homes going to auction ranges from $298,318 in Milford to the lowest value of $231,118 in Milford.