Housing · Milford

Milford, NJ housing market

The typical Milford home is worth about $532,000, up 2.8% in a year, 8% below the New Jersey typical home.

Home values, sales, trends and how Milford compares with the towns next door — updated as new data is published.

The market right now

Milford at a glance

Typical home value
$532K
▲ 2.8% in a year · Zillow
Median sale price
$300K
May 2026 · Redfin
Homes sold
3
in May · 9 for sale

Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

MilfordNew Jersey
$300K$350K$400K$450K$500K$550K$600K 20182020202220242026 Milford $532K New Jersey $580K
Show as a table
JanuaryMilfordNew Jersey
2017$328,000$317,000
2018$339,000$330,000
2019$348,000$343,000
2020$356,000$358,000
2021$384,000$394,000
2022$427,000$441,000
2023$442,000$471,000
2024$476,000$511,000
2025$513,000$551,000
2026$520,000$568,000
August 2026$532,000$580,000
Affordability

7.4 years of income

The typical Milford home costs about 7.4 years of the town's median household income, more than across New Jersey (5.6 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
71.8%
New Jersey: 63.8%
Median tax bill
$9,384
New Jersey: $9,590
Median rent
$1,523
New Jersey: $1,720
Typical home built
1953
New Jersey: 1970

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Milford

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01