Zip 06461 (Milford, CT) Housing

The housing market in 06461 Milford, CT is thriving. The median value of housing in the area is $412,200, which is much higher than the US House Median Value of $338,100. Furthermore, the 1 year house appreciation rate in Milford is 10.61%, which is significantly higher than the US 1 year House Appreciation rate of 8.27%. This shows that Milford's housing market is experiencing an increase in value and desirability over time.

The median home cost in Milford (zip 06461) is $412,200. Home appreciation the last 10 years has been 47.1%. Home Appreciation in Milford (zip 06461) is up 13.4%.

Average Age of Homes

- The median age of Milford (zip 06461) real estate is 43 years old

The Rental Market in Milford (zip 06461)

- Renters make up 9.8% of the Milford (zip 06461) population
- 0.0% of houses and apartments in Milford (zip 06461), 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, Connecticut	United States
	5,769.0	139,647,020.0
	47	42
	$412,200	$338,100
	13.4%	16.6%
	44.1%	57.0%
	47.1%	101.1%
	$18.43	$10.98
	$6,234	$2,690
	85.4%	57.4%
	5.6%	11.2%
	9.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.4%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	2.2%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	2.7%	2.4%
	0.4%	2.8%
	0.2%	3.9%
	0.0%	4.5%
	0.8%	11.3%
	6.1%	13.0%
	27.6%	20.1%
	30.0%	13.6%
	14.6%	8.3%
	13.8%	9.7%
	0.4%	3.9%
	1.8%	2.2%
	0.5%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.6%	13.6%
	8.6%	13.6%
	17.0%	13.6%
	10.2%	13.2%
	16.7%	14.8%
	17.0%	13.6%
	18.6%	10.0%
	5.0%	4.7%
	9.8%	12.2%

Reviews for Milford

See all (0)

Write a Review

Start Your Review of Milford

Commute

The premier source for comprehensive city data for over 30 years.