Housing Prices in Milford, IL

How much do homes in Milford, IL cost?

Median List Price

$114,450

$75/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$25,450(-18.2%)

Key Takeaway

The list price of homes in Milford has decreased by 18.2% since last year.

Summary: The median home list price in Milford was $114,450 in October 2024, down 18.2% from the previous year, and the median price per square foot was $75.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $52.7K-
N/A
2 $34.9K$95K
+172.2%
3 $139.9K$109K
-22.1%
4 $199.9K$159.9K
-20.0%
5+ $278.9K-
N/A

Summary: Milford housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 172.2%, 3 bedroom homes decreased by 22.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Milford
-18.2%
Milford Township
-18.2%

Housing Supply in Milford, IL

How many homes are available in Milford, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
660.0%

Summary: The Milford real estate market had 6 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 42
-50.0%
4 24
+100.0%
5+ 00
0.0%

Summary: The Milford housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Milford, IL

How long does it take to sell a home in Milford, IL?

Average Listing Age

Oct 2023Oct 2024CHANGE
59 Days59 Days-1.0%

Summary: Homes in Milford had an average listing age of 59 days in Oct 2024, down by 1% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Milford, IL

Nearby Markets to Milford, IL