Milford, IA is a great market for housing investments as the median value of homes in the area is significantly lower than the US median at $240,500. On top of that, Milford has seen a higher appreciation rate over the last year with an 11.61% increase compared to 8.27% nation-wide. This is great news for potential buyers and investors looking to make a move in this area. With its affordable prices and increasing value, Milford provides many opportunities for people looking to purchase a home or invest in real estate.
The median home cost in Milford is $240,500. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Milford is up 15.1%.
Average Age of Homes
- The median age of Milford real estate is 43 years old
The Rental Market in Milford
- Renters make up 27.8% 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.