New Milford borough, PA has a housing median value of $148,300, which is lower than the median value of housing in the US at $338,100. However, New Milford borough has seen an impressive 1 year house appreciation rate of 10.35%, higher than the US average house appreciation rate of 8.27%. This indicates that despite New Milford's lower housing median value compared to the US, its real estate market is still performing quite well and may be an attractive option for potential buyers.
The median home cost in New Milford is $148,300. Home appreciation the last 10 years has been 51.5%. Home Appreciation in New Milford is up 14.3%.
Average Age of Homes
- The median age of New Milford real estate is 72 years old
The Rental Market in New Milford
- Renters make up 29.0% of the New Milford population
- 0.6% of houses and apartments in New 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.