Milford, CT Foreclosures
How much do homes sell for in Milford, CT?
The average home price is currently $589,080.
In Milford, CT, how many homes are available?
There are currently 30 active home listings available in Milford.
What’s the average rental cost in Milford, CT?
The average rental price in Milford is $1,928.
What is the most expensive home in Milford?
The most expensive home sold in Milford had a price of $179,811,616.
What is currently the cheapest priced home in Milford, CT?
The cheapest home for sale in Milford is priced at $10,239.
Living in Milford, CT
Milford, CT is a picturesque coastal city known for its stunning waterfront, community-oriented atmosphere, and diverse recreational opportunities. The city's blend of charming shops and a vibrant downtown district makes it a desirable place to live. With excellent schools and easy access to major highways, Milford offers both convenience and community spirit.
Current Market Conditions in Milford, CT
The real estate market in Milford, CT has shown consistent stability in recent months, with moderate price growth and an increase in inventory. Demand remains steady, supported by the city's attractive amenities and accessibility to nearby urban centers, making it a sought-after location for homebuyers seeking both leisure and convenience.
Despite the competitive rates, Milford has witnessed a gradual increase in home prices, driven by the limited availability of properties within desirable neighborhoods. Average time on the market for homes has decreased, although buyers are still able to find good deals if they act quickly. Overall, the market outlook reflects a healthy balance of supply and demand.
Home Value Estimator For Milford, CT
There are currently 22,006 real estate properties
in Milford, CT,
with a median automated valuation model (AVM) price
of $492,824.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Milford, CT, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Milford, CT,
is $589,080.00, with the most expensive house
in Milford, CT, topping out
at $179,811,616.00 and the cheapest home
in Milford, CT,
clocking in at $10,239.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Milford, CT!
Rent Prices
In Milford, CT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Milford, CT, is on
a rollercoaster ride. The
average rent price in Milford, CT,
is $1,928.00. Indeed, when looking to rent in
Milford, CT, you can expect to pay as little
as $950.00 or as much
as $4,840.00,
with the average rent median estimated to
be $1,930.00. The good news is that finding
an affordable and desirable property to rent in Milford, CT
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
