The housing market in Milford, CA (96121) is slightly below the US average in terms of median value. According to statistics, the median value for housing in Milford is totaled at $284,400 while the US house median value is $338,100. However, appreciation rates are a bit lower than the nation-wide numbers. During the past year, US housing experienced an 8.27% appreciation rate while Milford only experienced a 3.89% appreciation rate. Despite this difference in appreciation rates, Milford still provides a great opportunity to invest in real estate and provides a relatively affordable housing market for buyers looking to purchase property in California.
The median home cost in Milford (zip 96121) is $284,400. Home appreciation the last 10 years has been 128.2%. Home Appreciation in Milford (zip 96121) is up 8.6%.
Average Age of Homes
- The median age of Milford (zip 96121) real estate is 49 years old
The Rental Market in Milford (zip 96121)
- Renters make up 14.2% of the Milford (zip 96121) population
- 0.0% of houses and apartments in Milford (zip 96121), 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.