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City / Town Overview

Milford, MI

Aggregate real estate market report across all ZIPs in scope
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The Milford, MI real estate market currently shows 115 active listings, with 47 pending sales. Homes are averaging 60.8 days on the market before going under contract.

Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 60.8 days on market compared to 43.5 days last year.

The median listing price has fallen 2.2% year-over-year, from $635,956 to $621,823.

Whether you are buying or selling in Milford, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 21,323  ·  Density: 209.0/mi²  ·  Median household income: $110,501

Typical home value: $374,566  ·  Homeownership: 88.5%

Included Areas

Milford: 48380, 48381

Area Map

Market Overview

Active Listings
115
⇩ 13.5% vs 133 last year
Pending
47
41% pending ratio
Median Price
$621,823
⇩ 2.2% vs $635,956 last year
Average Price
$722,111
⇧ 8.1% vs $668,144 last year
Days on Market
60.8
⇧ 39.8% vs 44 days last year

Price Per Square Foot

Median $/sqft
$271
⇧ 5.8% vs $256/sqft last year
Median Home Size
2,256 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %