Zip 04461 (Milford, ME) Housing

The housing in 04461 Milford, ME is more affordable than the national median of $338,100. The median value of a house in 04461 stands at $202,300 which is about 40% lower than the US median. In addition, the one year house appreciation rate in this area is 15.28%, making it a great place to invest in real estate as it has seen higher returns than the US average of 8.27%.

The median home cost in Milford (zip 04461) is $202,300. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Milford (zip 04461) is up 19.0%.

Average Age of Homes

- The median age of Milford (zip 04461) real estate is 32 years old

The Rental Market in Milford (zip 04461)

- Renters make up 26.4% of the Milford (zip 04461) population
- 1.3% of houses and apartments in Milford (zip 04461), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Milford, Maine	United States
	1,386.0	139,647,020.0
	35	42
	$202,300	$338,100
	19.0%	16.6%
	68.7%	57.0%
	79.9%	101.1%
	$13.58	$10.98
	$1,832	$2,690
	73.7%	57.4%
	13.6%	11.2%
	12.6%	31.4%
Vacant Housing
	1.3%	1.9%
	1.7%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	10.6%	4.1%
Value of Owner-Occupied Housing
	8.3%	2.6%
	8.6%	2.4%
	2.1%	2.8%
	19.3%	3.9%
	1.1%	4.5%
	14.7%	11.3%
	24.2%	13.0%
	19.0%	20.1%
	2.8%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	21.4%	13.6%
	21.4%	13.6%
	15.9%	13.6%
	23.2%	13.2%
	15.7%	14.8%
	15.9%	13.6%
	1.9%	10.0%
	2.7%	4.7%
	11.3%	12.2%

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