Housing in New Milford, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — June 2025

Median Sale Price

$224,500

Median List Price

N/A

Price Per Sq Ft

$182

Days on Market

Active Inventory

N/A

Zillow Home Value

$101,634

ZHVI — January 2026

Price Trends

Source: Redfin

Sale Price ↑ 49.7%List Price ↑ 38.5%Mar 24 → Jun 25

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Sale-to-List Ratio

106.9%

Seller's market

Sold Above Asking

100.0%

Market Activity

Source: Redfin

Homes Sold

Homes Sold ↑ 0.0%New Listings ↓ 66.7%Pending ↑ 0.0%Mar 24 → Jun 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$182

Sale $/SF ↑ 41.1%List $/SF ↓ 19.7%Mar 24 → Jun 25

New Milford vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. New Milford is highlighted.

Median Home Value

34th%ilemost expensive$130,200show rank

Median Rent

23rd%ilemost expensive rent$750show rank

Median Price Per Sq Ft

54th%ilemost expensive $/sqft$182show rank

Rent Burden

10th%ilehighest rent burden12.3%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$130,200

Median Rent

$750

Total Housing Units

438

Vacancy Rate

5.9%

Owner Occupied

88.6%

Renter Occupied

11.4%

Median Property Tax

$2,939

per year

Monthly Cost (w/ Mortgage)

$972

Housing Types

Single Family

69.4%

Multi-Family

1.8%

Mobile Home

28.8%

The current median sale price in New Milford, IL is $224,500 according to Redfin data. Homes spend a median of 4 days on the market. 100.0% of homes sold above asking price. The median price per square foot is $182. The median rent is $750 per month (Census ACS). About 88.6% of housing units are owner-occupied. The median year homes were built is 1985. There are 438 total housing units.