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Foreclosure Homes in Milford, MI

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Milford, MI Foreclosures

Current Market Conditions in in Milford, MI As of March 2026?
Over the past month, the Milford real estate market has experienced increased activity, with more listings entering the market. Many homes received multiple offers shortly after being listed, indicating that demand continues to outpace supply. This trend has resulted in a slight increase in home prices as buyers compete for available inventory. Additionally, interest rates remain relatively low, encouraging buyers to explore their options in this attractive market.
How much do homes sell for in Milford, MI?
The average home price is currently $521,135.
In Milford, MI, how many homes are available?
There are currently 14 active home listings available in Milford.
What’s the average rental cost in Milford, MI?
The average rental price in Milford is $1,800.
What is the most expensive home in Milford?
The most expensive home sold in Milford had a price of $6,466,133.
What is currently the cheapest priced home in Milford, MI?
The cheapest home for sale in Milford is priced at $20,874.

Living in Milford, MI

Milford, MI is a picturesque village marked by a vibrant downtown area, lush green parks, and a strong sense of community. The town offers plenty of outdoor activities and access to quality education, making it a great place to live for families and individuals alike.

Buyer vs Seller Market in Milford, MI

The Milford real estate market is currently showing a steady demand for homes, driven by the area's scenic charm and family-friendly environment. With its mix of older homes and new constructions, buyers have a variety of options to choose from.

Prices in the area have seen a consistent increase, reflecting a growing interest in suburban living and the appeal of local amenities. Homes are selling relatively quickly, indicating a competitive market.

Home Value Estimator For Milford, MI

There are currently 7,957 real estate properties in Milford, MI, with a median automated valuation model (AVM) price of $482,518.00. 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, MI, 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, MI, is $521,135.00, with the most expensive house in Milford, MI, topping out at $6,466,133.00 and the cheapest home in Milford, MI, clocking in at $20,874.00. In other words, there’s something for every potential homebuyer or savvy investor in Milford, MI!

Rent Prices In Milford, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Milford, MI, is on a rollercoaster ride. The average rent price in Milford, MI, is $1,800.00. Indeed, when looking to rent in Milford, MI, you can expect to pay as little as $800.00 or as much as $3,280.00, with the average rent median estimated to be $1,800.00. The good news is that finding an affordable and desirable property to rent in Milford, MI -- 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.

Milford, MI Foreclosures

Market Trend for Milford, MI

Total Listings Available: 14

Market Values:

Home Prices from $20,874 to $6,466,133

Average Sales Price: $521,135

Rental Values:

Rental from $800 to $3,280

Average Rent Value: $1,800 / month

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