How much do homes in Milford, MI cost?

Median List Price

$284,950

Based on all homes listed in the last 12 months.

Difference Since July 2020

+$9,950(+3.6%)

Key Takeaway

The list price of homes in Milford has increased by 3.6% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSJul 2020Jul 2021%
1 $172.9K$119.9K-30.7%
2 $199K$214K+7.5%
3 $265K$265K0.0%
4 $400K$399.9K0%
5+ $506.9K$518K+2.2%

Median List Price Compared To Nearby Cities

Milford Charter Township
+10.0%
Milford
+3.6%

How many homes are available in Milford, MI?

Number of Homes For Sale

Jun 2021Jul 2021%
2526+4.0%

Homes For Sale By Bedroom Count

# BEDSJun 2021Jul 2021%
1 000.0%
2 45+25.0%
3 14140.0%
4 770.0%
5+ 000.0%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Jul 2020Jul 2021%
72 Days43 Days-40.2%

Breakdown of Home Sale Times

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Key Takeaway

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About Milford, MI

Milford, MI has 26 homes on the market. The inventory of homes for sale in Milford, MI between June 2021 and July 2021 increased by 4%. While the average time on the market in July 2021 was 43 days, the median list price was $284,950. Real estate listing prices changed between June 2021 and July 2021: prices of 1 bedroom properties went down by 30.7%, 2 bedrooms properties became 7.5% more expensive, the cost of 3 bedrooms properties have not changed, the cost of 4 bedrooms properties have not changed, prices of 5 bedrooms properties went up by 2.2%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, 2 bedrooms homes inventory increased by 25%, the quantity of 3 bedrooms homes have not changed, volume of 4 bedrooms homes stayed the same, number of 5 bedrooms homes remained the same. In July 2021 more than 4 listings in Milford, MI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 5 were sold below.

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