Housing in New Milford, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$530,000
Median List Price
$599,000
Price Per Sq Ft
$299
Days on Market
102
Active Inventory
30
Months of Supply
1.6
Seller's market
Zillow Home Value
$710,282
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
36.8%
Off Market in 2 Weeks
23.5%
Sale-to-List Ratio
101.4%
Seller's market
Market Activity
Source: RedfinHomes Sold
19
New Listings
11
Pending Sales
17
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$299
Median List $/SF
$273
New Milford vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 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
$554,800
Median Rent
$1,722
Total Housing Units
6,428
Vacancy Rate
4.2%
Owner Occupied
62.7%
Renter Occupied
37.3%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,745
Housing Types
The current median sale price in New Milford, NJ is $530,000 according to Redfin data. Homes spend a median of 102 days on the market. 36.8% of homes sold above asking price. The market has 1.6 months of supply. The median price per square foot is $299. The median rent is $1,722 per month (Census ACS). About 62.7% of housing units are owner-occupied. The median year homes were built is 1953. There are 6,428 total housing units.