Housing in Milford, MA is a very attractive option for people looking to move to the area. The median value of homes in Milford is $445,600, which is significantly higher than the national median value of $338,100. Furthermore, homes in Milford have appreciated by 8.77% in the past year, while the US has seen an appreciation rate of 8.27%. This indicates that investing in a home in Milford may be a great long-term decision for potential homeowners.
The median home cost in Milford is $445,600. Home appreciation the last 10 years has been 81.3%. Home Appreciation in Milford is up 14.6%.
Average Age of Homes
- The median age of Milford real estate is 47 years old
The Rental Market in Milford
- Renters make up 30.7% of the Milford population
- 1.9% 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.