Housing · Milford

Milford, UT housing market

The typical Milford home is worth about $256,000, up 10.7% in a year, 52% below the Utah 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
$256K
▲ 10.7% in a year · Zillow
Ten-year trend

Typical home value, 2022–2026

MilfordUtah
$200K$250K$300K$350K$400K$450K$500K$550K 20242026 Milford $256K Utah $535K
Show as a table
JanuaryMilfordUtah
2023$218,000$514,000
2024$213,000$516,000
2025$216,000$528,000
2026$245,000$538,000
August 2026$256,000$535,000
New construction

6 new homes permitted in 2025

Builders were permitted 6 new homes in Milford in 2025, all single-family houses, worth about $2 million to build. That's 3.9 per 1,000 residents, slower than across Utah (8.8). Over the past 10 years, Milford has permitted 28 homes in all.

New homes, 2025
6
2 in 2024
2026 so far
2
Jan–Aug
Per 1,000 residents
3.9
Utah: 8.8
Single-family
100%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
051015 2000: 2 homes 2000 2001: 1 home 2002: 0 homes 2003: 1 home 2004: 1 home 2005: 0 homes 2005 2006: 2 homes 2007: 13 homes (5 single-family, 8 in buildings with 2+ homes) 2008: 2 homes 2009: 3 homes 2010: 2 homes 2010 2011: 2 homes 2012: 0 homes 2013: 0 homes 2014: 4 homes 2015: 7 homes 2015 2016: 3 homes 2017: 1 home 2018: 0 homes 2019: 2 homes 2020: 1 home 2020 2021: 6 homes 2022: 5 homes 2023: 2 homes 2024: 2 homes 2025: 6 homes 2025 2026 so far: 2 homes

Homes vs. people, 2010–2020

Residents+22
New homes+21

Between the 2010 and 2020 censuses, Milford gained 22 residents while 21 new homes were permitted: about 1 new resident per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Utah: 2.7 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)220$664,000
2025660$2 million
2024220$450,000
2023220$697,000
2022550$986,000
2021660$1.9 million
2020110$412,000
2019220$399,000
2018000—
2017110$193,000
2016330$565,000
2015770$877,000
2014440$698,000
2013000—
2012000—
2011220$309,000
2010220$368,000
2009330$255,000
2008220$201,000
20071358$1.3 million
2006220$417,000
2005000—
2004110$93,000
2003110$35,000
2002000—
2001110$86,000
2000220$124,000

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

3.1 years of income

The typical Milford home costs about 3.1 years of the town's median household income, less than across Utah (5.6 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
68.5%
Utah: 70.2%
Median tax bill
$1,194
Utah: $2,525
Median rent
$1,007
Utah: $1,496
Typical home built
1951
Utah: 1992

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

Renting

A two-bedroom rents for about $1,130

HUD's Fair Market Rent for a two-bedroom in Milford is $1,130 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Milford pay a median of $1,007, so moving in tends to cost more than staying put. A two-bedroom takes about 16% of the town's median household income.

1 bedroom
$940
a month, with utilities
2 bedrooms
$1,130
a month, with utilities
3 bedrooms
$1,400
a month, with utilities
Share of income
16%
2 bedrooms ÷ median income

Studio $830 · 4 bedrooms $1,560

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (84751; Beaver County, UT), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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