Housing in Milford, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$538,000
Median List Price
$400,000
Price Per Sq Ft
$248
Days on Market
14
Active Inventory
22
Months of Supply
2.4
Seller's market
Zillow Home Value
$463,918
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
44.4%
Off Market in 2 Weeks
41.7%
Sale-to-List Ratio
99.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
9
New Listings
15
Pending Sales
12
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$248
Median List $/SF
$217
Milford vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. 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
$348,600
Median Rent
$1,058
Total Housing Units
2,767
Vacancy Rate
3.4%
Owner Occupied
75.4%
Renter Occupied
24.6%
Median Property Tax
$4,860
per year
Monthly Cost (w/ Mortgage)
$1,760
Housing Types
The current median sale price in Milford, MI is $538,000 according to Redfin data. Homes spend a median of 14 days on the market. 44.4% of homes sold above asking price. The market has 2.4 months of supply. The median price per square foot is $248. The median rent is $1,058 per month (Census ACS). About 75.4% of housing units are owner-occupied. The median year homes were built is 1976. There are 2,767 total housing units.