$8,906 Closing Credit*
$750,000
5,279 SqFt
4 Beds
•3 Full Baths, 1 Partial
Caroline W Dager, Listing Office: Keller Williams Real Estate-Montgomeryville
Is Milford Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Milford Township has remained a Seller's Market.
Key Takeaway
Milford Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Milford Township, PA
How much do homes in Milford Township, PA cost?
Median Sold Price
$425,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$5,100(+1.2%)
Key Takeaway
Homes in Milford Township have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Milford Township was $425,000 in December 2024, up 1.2% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $64K | N/A |
| 2 Bedrooms | $241K | $275K | +14.1% |
| 3 Bedrooms | $375K | $379.9K | +1.3% |
| 4 Bedrooms | $517.5K | $600K | +15.9% |
| 5+ Bedrooms | $480K | $572.5K | +19.3% |
Summary: Milford Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 19.3%.
Median Sold Price Compared To Nearby Cities
| Lower Milford Township | $400K | $490.4K | +22.6% |
| Quakertown | $360K | $390.2K | +8.4% |
| Richland Township | $380K | $384.9K | +1.3% |
| Milford Township | $419.9K | $425K | +1.2% |
Housing Supply in Milford Township, PA
How many homes are available in Milford Township, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Summary: The Milford Township real estate market had 14 homes for sale in December 2024, a 6.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Milford Township housing inventory by bedroom type for December 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 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Milford Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Milford Township in December 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Milford Township, PA
How long does it take to sell a home in Milford Township, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 18 Days | 26 Days | +42.1% |
Summary: Homes in Milford Township had an average of 26 days on market in Dec 2024, up by 42.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Milford Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in Milford Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Greater Scranton MLS as distributed by MLS GRID.