Housing in New Milford, CT
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$165,000
Median List Price
$589,000
Price Per Sq Ft
$247
Days on Market
64
Active Inventory
11
Months of Supply
3.7
Seller's market
Zillow Home Value
$447,409
ZHVI — January 2026
Zillow Rent Index
$2,420
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
33.3%
Off Market in 2 Weeks
66.7%
Sale-to-List Ratio
99.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
3
New Listings
7
Pending Sales
9
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$247
Median List $/SF
$255
New Milford vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. New Milford is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$326,200
Median Rent
$1,422
Total Housing Units
3,080
Vacancy Rate
8.8%
Owner Occupied
60.6%
Renter Occupied
39.4%
Median Property Tax
$4,899
per year
Monthly Cost (w/ Mortgage)
$1,919
Housing Types
The current median sale price in New Milford, CT is $165,000 according to Redfin data. Homes spend a median of 64 days on the market. 33.3% of homes sold above asking price. The market has 3.7 months of supply. The median price per square foot is $247. Zillow's observed rent index is $2,420/month. About 60.6% of housing units are owner-occupied. The median year homes were built is 1969. There are 3,080 total housing units.