Housing in Milford, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$310,000
Median List Price
$464,500
Price Per Sq Ft
$299
Days on Market
20
Active Inventory
10
Months of Supply
10.0
Buyer's market
Zillow Home Value
$506,272
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
103.7%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
2
Pending Sales
3
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$299
Median List $/SF
$269
Milford vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 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
$304,100
Median Rent
$1,476
Total Housing Units
578
Vacancy Rate
6.4%
Owner Occupied
73.4%
Renter Occupied
26.6%
Median Property Tax
$9,334
per year
Monthly Cost (w/ Mortgage)
$1,955
Housing Types
The current median sale price in Milford, NJ is $310,000 according to Redfin data. Homes spend a median of 20 days on the market. 100.0% of homes sold above asking price. The market has 10.0 months of supply. The median price per square foot is $299. The median rent is $1,476 per month (Census ACS). About 73.4% of housing units are owner-occupied. The median year homes were built is 1955. There are 578 total housing units.