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MILFORD, ME 04461

Real Estate Market Report  ·  Penobscot County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The MILFORD, ME real estate market (04461) currently shows 5 active listings, with 1 pending sales. Homes are averaging 114 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 114 days on market compared to 21 days last year.

The median listing price has fallen 23.5% year-over-year, from $274,450 to $210,000.

Whether you are buying or selling in MILFORD, ME, 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: 3,073  ·  Density: 26.0/mi²  ·  Median household income: $59,091

Typical home value: $0  ·  Homeownership: 88.7%

Market Overview

Active Listings
5
⇧ 66.7% vs 3 last year
Pending
1
20% pending ratio
Median Price
$210,000
⇩ 23.5% vs $274,450 last year
Average Price
$232,428
⇩ 15.3% vs $274,450 last year
Days on Market
114
⇧ 442.9% vs 21 days last year

Price Per Square Foot

Median $/sqft
$208
⇧ 36.8% vs $152/sqft last year
Median Home Size
1,278 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 3 last year
  • Days on market: 114 now vs 21 last year

Median & Average Pricing

Year over Year
  • Median: $210,000 (-23.5% YoY)
  • Average: $232,428 (-15.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.8 miles — 102 listings ($28,876,029 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04461Milford, ME 044610.0 mi8$2,068,800$231,250$258,600
04418Greenbush, ME 044187.3 mi10$1,643,250$147,500$164,325
04473Orono, ME 044739.7 mi13$4,843,150$272,500$372,550
04475Passadumkeag, ME 0447514.1 mi5$1,124,900$180,000$224,980
04412Brewer, ME 0441215.8 mi17$6,129,384$320,000$360,552
04408Aurora, ME 0440816.6 mi2$250,000$125,000$125,000
04493West Enfield, ME 0449317.9 mi7$1,634,822$269,900$233,546
04450Kenduskeag, ME 0445018.0 mi4$1,150,024$261,112$287,506
04417Burlington, ME 0441718.1 mi5$1,283,750$174,500$256,750
04427Corinth, ME 0442721.4 mi6$1,562,682$222,500$260,447
04422Charleston, ME 0442223.4 mi7$3,260,719$312,450$465,817
04448Howland, ME 0444824.0 mi14$2,484,552$131,425$177,468
04419Carmel, ME 0441925.8 mi4$1,439,996$359,999$359,999

Frequently Asked Questions

How many homes are for sale in MILFORD, ME 04461?

As of March 2026, there are 5 active listings in MILFORD, ME (zip code 04461), compared to 3 the prior year.

What is the median home price in MILFORD, ME 04461?

The median listing price in MILFORD, ME 04461 is $210,000 as of March 2026, a 23.5% decrease from $274,450 the prior year.

How long do homes stay on the market in MILFORD, ME?

Homes in MILFORD, ME 04461 spend an average of 114 days on the market before going under contract, compared to 21 days the prior year.

Is it a seller's or buyer's market in MILFORD, ME 04461?

Based on current inventory and days-on-market data as of March 2026, MILFORD, ME 04461 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 114 days on market compared to 21 days last year.

How much can I save on real estate commission in MILFORD, ME?

With SELL123.com's maximum 3% commission, sellers in MILFORD, ME 04461 save an estimated $4,200 compared to a typical 5% commission on the median listing price of $210,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.