Milford, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 102 transactions over the past year in Milford. The median value for residential home transactions that occurred over the previous year is $523,776.99. The number of current listings in Milford is 97, and the percentage of properties for sale in the city is 75.78%. Milford, NJ currently has 31 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 97 properties for sale.
Milford, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 08848 | $ 514,872 $ 282/sqft |
Housing Market Summary for Milford, NJ
| 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 Milford, NJ
Browse Homes in Milford, NJ
Milford home values range from $120,559 to $2,293,942. The median estimated value of a home in Milford is $523,776.99. The median list price of a home is 542,450, and the total count of properties in the city is 2,758.
- Pre-ForeclosurePre-foreclosure homes account for 1.09% of all residential properties in Milford, NJ with 08848 containing 30 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Milford, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $999,000 in 08848 to the lowest home value of $284,648 in 08848.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Milford, NJ ranges from the highest value of $496,271 in 08848 to the lowest value of $496,271 in 08848. Bank owned homes and properties account for 0.04% of properties in Milford, NJ. There is 1 zips within Milford, NJ; 08848 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Milford, NJ. Auction homes and other auction properties account for 0% of all properties in Milford, NJ. There is 1 zips within Milford, NJ; of that zips, 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.