The housing in Milford, IL is very affordable compared to the US median value of $338,100. The median house value in Milford, IL is $77,900 and has appreciated by 7.34% in the past year. This is lower than the US 1 year house appreciation of 8.27%, but still shows that real estate investment in Milford holds promise for potential buyers or investors. In summary, the housing market in Milford, IL is an attractive option for those looking for an affordable home with a good return on their investment.
The median home cost in Milford is $77,900. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Milford is up 15.4%.
Average Age of Homes
- The median age of Milford real estate is 64 years old
The Rental Market in Milford
- Renters make up 24.1% 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.