$3,859 Closing Credit*
$325,000
1,008 SqFt
2 Beds
•1 Full Bath
Leila Chaucer, Listing Office: Coldwell Banker Realty
Is Milford, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Milford has remained a Seller's Market.
Key Takeaway
Milford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Milford, CT
How much do homes in Milford, CT cost?
Median Sold Price
$458,506
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$37,506(+8.9%)
Key Takeaway
Homes in Milford have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Milford was $458,506 in November 2024, up 8.9% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $240.1K | +9.2% |
| 2 Bedrooms | $328.5K | $363.2K | +10.6% |
| 3 Bedrooms | $445K | $484.5K | +8.9% |
| 4 Bedrooms | $570K | $617.5K | +8.3% |
| 5+ Bedrooms | $675K | $782.6K | +15.9% |
Summary: Milford housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 15.9%.
Median Sold Price Compared To Nearby Cities
| Woodmont | $425K | $665K | +56.5% |
| West Haven | $300K | $344.5K | +14.8% |
| Stratford | $376.4K | $425K | +12.9% |
| Milford | $421K | $458.5K | +8.9% |
| Orange | $525K | $559.9K | +6.7% |
Housing Supply in Milford, CT
How many homes are available in Milford, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 230 | 216 | -6.1% |
Summary: The Milford real estate market had 216 homes for sale in November 2024, a 6.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 18 | 0.0% |
| 2 Bedrooms | 51 | 45 | -11.8% |
| 3 Bedrooms | 98 | 91 | -7.1% |
| 4 Bedrooms | 48 | 45 | -6.3% |
| 5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The Milford housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 46 | -4.2% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Milford, you may be able to get a good deal. 47.8% of homes here sold below asking price last month.
Summary: A total of 46 homes were sold or pending in Milford in November 2024, down by 4.2% month-over-month. Of the 46 sold homes, 48% were sold under asking, 4% were sold at asking, and 48% were sold over asking.
Days on Market for Milford, CT
We’re sorry, we don't have information for this market at the moment
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