The housing market in Milford, OH is thriving. The median value of homes in the area is $280,200, which is significantly lower than the US median value of $338,100. However, what Milford lacks in price it more than makes up for in appreciation. In the last year, the house appreciation rate for Milford was 13.22%, compared to 8.27% nationally. This means that homeowners in Milford are seeing significant returns on their investment and that the housing market looks very promising going forward.
The median home cost in Milford is $280,200. Home appreciation the last 10 years has been 84.0%. Home Appreciation in Milford is up 15.4%.
Average Age of Homes
- The median age of Milford real estate is 44 years old
The Rental Market in Milford
- Renters make up 46.6% of the Milford population
- 0.0% of houses and apartments in Milford, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.