Milford, UT has a median housing value of $153,000 which is significantly lower than the US median housing value of $338,100. Although the US has seen an 8.27% appreciation in the past year, Milford's housing appreciation rate stands at 7.86%, showing that the area is still relatively affordable for potential buyers. The community provides a great opportunity for those looking to purchase a home as they would gain access to all the amenities at a fraction of the cost compared to other areas across the country.
The median home cost in Milford is $153,000. Home appreciation the last 10 years has been 170.2%. Home Appreciation in Milford is up 19.9%.
Average Age of Homes
- The median age of Milford real estate is 52 years old
The Rental Market in Milford
- Renters make up 22.7% of the Milford population
- 3.4% 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.