Is Milford Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Milford Township is a buyer's market

Buyer's
Market

Difference Since May 2021

Since last year, Milford Township has remained a Buyer's Market.

Key Takeaway

Milford Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Milford Township, PA cost?

Median Sold Price

$377,500

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$36,250(+10.6%)

Key Takeaway

Homes in Milford Township have sold for 10.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 --
N/A
2 $160.5K$249.5K
+55.5%
3 $303.4K$347.5K
+14.5%
4 $415K$444.9K
+7.2%
5+ $642.5K-
N/A

How many homes are available in Milford Township, PA?

Number of Homes For Sale

Apr 2022May 2022%
916+77.8%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 01
+100.0%
3 14
+300.0%
4 89
+12.5%
5+ 02
+100.0%

Number of Homes Sold

Apr 2022May 2022%
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Milford Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

May 2021May 2022%
37 Days15 Days-59.5%

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Milford Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Milford Township, PA

Milford Township, PA has 16 homes for sale to choose from. Between April 2022 and May 2022, Milford Township, PA real estate market has seen increase in the number of listings by 77.8%. The median list price of listings available in May 2022 was $377,500, while the average time on the real estate market was 15 days. From April 2022 through May 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 55.5%, 3 bedrooms properties became 14.5% more expensive, prices of 4 bedrooms properties increased by 7.2%, the cost of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes went up by 100%, number of 3 bedrooms homes increased by 300%, 4 bedrooms homes became 12.5% more available, 5 bedrooms homes inventory increased by 100%. Over 0 listings were sold over their listed price in May 2022 in Milford Township, PA. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price.

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