Milford, NJ Foreclosures
How much do homes sell for in Milford, NJ?
The average home price is currently $492,578.
In Milford, NJ, how many homes are available?
There are currently 16 active home listings available in Milford.
What’s the average rental cost in Milford, NJ?
The average rental price in Milford is $1,985.
What is the most expensive home in Milford?
The most expensive home sold in Milford had a price of $22,000,000.
What is currently the cheapest priced home in Milford, NJ?
The cheapest home for sale in Milford is priced at $18,242.
Living in Milford, NJ
Milford, NJ is a quaint riverside town that offers a unique blend of small-town charm and natural beauty. Residents enjoy a vibrant community atmosphere with local shops, cafes, and parks. With easy access to outdoor activities and a strong education system, Milford is an ideal location for families and nature enthusiasts alike.
Current Market Conditions in Milford, NJ
The real estate market in Milford is characterized by a stable environment with a mix of historic homes, modern properties, and opportunities for land development. The appeal of the town, combined with its scenic location, has made it a popular choice for home buyers seeking a peaceful lifestyle, driving demand and maintaining home values.
As of late 2023, the market in Milford has seen a consistent level of interest, with new listings appearing regularly. Inventory levels remain relatively low, which often leads to multiple offers on desirable properties. Potential buyers are encouraged to act quickly as homes can move off the market fast.
Home Value Estimator For Milford, NJ
There are currently 3,605 real estate properties
in Milford, NJ,
with a median automated valuation model (AVM) price
of $453,065.00. 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, NJ, 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, NJ,
is $492,578.00, with the most expensive house
in Milford, NJ, topping out
at $22,000,000.00 and the cheapest home
in Milford, NJ,
clocking in at $18,242.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Milford, NJ!
Rent Prices
In Milford, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Milford, NJ, is on
a rollercoaster ride. The
average rent price in Milford, NJ,
is $1,985.00. Indeed, when looking to rent in
Milford, NJ, you can expect to pay as little
as $900.00 or as much
as $4,700.00,
with the average rent median estimated to
be $1,990.00. The good news is that finding
an affordable and desirable property to rent in Milford, NJ
-- 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.
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