Is Milford, NH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Milford is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 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, NH

How much do homes in Milford, NH cost?

Median Sold Price

$407,000

$257/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$18,000(-4.2%)

Key Takeaway

Homes in Milford have sold for 4.2% less than they did a month ago.

Summary: The median home sold price in Milford was $407,000 in November 2024, down 4.2% from last month, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $298.5K$340.7K
+14.2%
3 -$473.7K
N/A
4 $726K$425K
-41.5%
5+ $655K-
N/A

Summary: Milford housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 41.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Amherst
+39.9%
Brookline
+15.7%
Lyndeborough
+8.9%
Milford
-4.2%

Housing Supply in Milford, NH

How many homes are available in Milford, NH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3238+18.8%

Summary: The Milford real estate market had 38 homes for sale in November 2024, a 18.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 02
+100.0%
2 1617
+6.3%
3 610
+66.7%
4 77
0.0%
5+ 32
-33.3%

Summary: The Milford housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
717+142.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Milford, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Milford in November 2024, up by 142.9% month-over-month. Of the 17 sold homes, 35% were sold under asking, 18% were sold at asking, and 47% were sold over asking.

Days on Market for Milford, NH

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Milford, NH

Nearby Markets to Milford, NH

What housing markets are near Milford, NH?