$889 Closing Credit*
$74,900
750 SqFt
2 Beds
•1 Full Bath
#SC1298, Listing Office: Across Country Real Estate
Is New Milford, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, New Milford has remained a Seller's Market.
Key Takeaway
New Milford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Milford, PA
How much do homes in New Milford, PA cost?
Median Sold Price
$555,000
$124/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$376,250(+210.5%)
Key Takeaway
Homes in New Milford have sold for 210.5% more than they did a month ago.
Summary: The median home sold price in New Milford was $555,000 in December 2024, up 210.5% from last month, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157.5K | - | N/A |
| 2 Bedrooms | $200K | - | N/A |
| 3 Bedrooms | $195.2K | $555K | +184.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: New Milford housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 184.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| New Milford | $178.7K | $555K | +210.5% |
| New Milford Township | $178.7K | $555K | +210.5% |
Housing Supply in New Milford, PA
How many homes are available in New Milford, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Summary: The New Milford real estate market had 5 homes for sale in December 2024, a 44.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Milford housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in New Milford, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in New Milford in December 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for New Milford, PA
How long does it take to sell a home in New Milford, PA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 55 Days | 20 Days | -64.1% |
Summary: Homes in New Milford had an average of 20 days on market in Dec 2024, down by 64.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in New Milford are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in New Milford; 100% of homes were sold within 30 days, 0% 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.