Zip 08848 (Milford, NJ) Housing

The housing in Milford, NJ 08848 has a median value of $394,800 and has appreciated 10.79% over the past year. This is higher than the US median value of $338,100 and the US 1 year house appreciation rate of 8.27%. This shows that real estate values in Milford are rising above the national average, making it an attractive location for buyers looking for a strong return on their investment.

The median home cost in Milford (zip 08848) is $394,800. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Milford (zip 08848) is up 15.1%.

Average Age of Homes

- The median age of Milford (zip 08848) real estate is 48 years old

The Rental Market in Milford (zip 08848)

- Renters make up 9.4% of the Milford (zip 08848) population
- 0.5% of houses and apartments in Milford (zip 08848), 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, New Jersey	United States
	3,187.0	139,647,020.0
	50	42
	$394,800	$338,100
	15.1%	16.6%
	43.3%	57.0%
	60.4%	101.1%
	$25.01	$10.98
	$8,530	$2,690
	86.8%	57.4%
	6.1%	11.2%
	7.1%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	4.8%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.8%	4.1%
Value of Owner-Occupied Housing
	0.1%	2.6%
	0.0%	2.4%
	0.1%	2.8%
	0.0%	3.9%
	0.8%	4.5%
	1.5%	11.3%
	8.9%	13.0%
	28.6%	20.1%
	24.4%	13.6%
	17.0%	8.3%
	16.3%	9.7%
	1.8%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.8%	13.6%
	6.8%	13.6%
	17.3%	13.6%
	10.5%	13.2%
	16.5%	14.8%
	17.3%	13.6%
	11.2%	10.0%
	3.5%	4.7%
	21.9%	12.2%

Reviews for Milford

See all (0)

Write a Review

Start Your Review of Milford

Commute