08848 Home Values & Market Trends
There are 97 homes currently listed for 08848. 08848 real estate market trends show that home prices range from $399,000 to $1,450,000, and the median sales price in the 08848 zip code is $523,858.5. The total number of properties sold within the past twelve months is 102. In 08848, 31 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.
08848 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Milford | $ 514,872 $ 282/sqft |
Housing Market Summary for 08848
| Jul 2025 | July 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $399.9K | $459.6K | 14.92% |
| Median Sold Price | $447.1K | $459.6K | 2.78% |
| Homes For Sale | 25 | 94 | 276.00% |
| Homes Sold | 33 | 29 | -12.12% |
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 $523,858.5. A total of 97 properties are for sale, and the percentage of properties for sale in the zip code is 75.78%. The total count of 08848 properties is 2,756.
- Pre-ForeclosurePre-foreclosure homes account for 1.09% of all residential properties in 08848 with Milford containing 30 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 $999,000 in Milford to the lowest home value of $284,648 in Milford.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 08848 ranges from the highest value of $496,271 in Milford to the lowest value of $496,271 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.
- AuctionsN/A has 0 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% 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 $0 in N/A to the lowest value of $0 in N/A.