$8,905 Closing Credit*
$749,900
1,475 SqFt
3 Beds
•2 Full Baths, 1 Partial
Stacy Blake, Listing Office: Stacy Blake Realty LLC
Is Milford, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$449,870
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$33,995(+8.2%)
Key Takeaway
Homes in Milford have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Milford was $449,870 in October 2024, up 8.2% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $226.5K | $240K | +6.0% |
| 2 Bedrooms | $327K | $365K | +11.6% |
| 3 Bedrooms | $440K | $480K | +9.1% |
| 4 Bedrooms | $570K | $575K | +0.9% |
| 5+ Bedrooms | $740K | $699.5K | -5.5% |
Summary: Milford housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 5.5%.
Median Sold Price Compared To Nearby Cities
| West Haven | $295K | $350K | +18.6% |
| Stratford | $375K | $420.2K | +12.0% |
| Milford | $415.8K | $449.8K | +8.2% |
| Orange | $525K | $565K | +7.6% |
Housing Supply in Milford, CT
How many homes are available in Milford, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 200 | 225 | +12.5% |
Summary: The Milford real estate market had 225 homes for sale in October 2024, a 12.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 19 | +26.7% |
| 2 Bedrooms | 46 | 49 | +6.5% |
| 3 Bedrooms | 81 | 100 | +23.5% |
| 4 Bedrooms | 42 | 43 | +2.4% |
| 5+ Bedrooms | 16 | 14 | -12.5% |
Summary: The Milford housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 26.7%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 47 | +9.3% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Milford, you could pay more than the asking price. 53.2% of homes here sold above asking price last month.
Summary: A total of 47 homes were sold or pending in Milford in October 2024, up by 9.3% month-over-month. Of the 47 sold homes, 38% were sold under asking, 9% were sold at asking, and 53% 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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