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MILFORD, NJ 08848

Real Estate Market Report  ·  Hunterdon County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The MILFORD, NJ real estate market (08848) currently shows 31 active listings, with 14 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.

Homes are selling faster, averaging 39 days on market compared to 49 days last year.

The median listing price has fallen 21.6% year-over-year, from $765,000 to $599,900.

Whether you are buying or selling in MILFORD, NJ, 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: 8,295  ·  Density: 97.9/mi²  ·  Median household income: $126,705

Typical home value: $379,942  ·  Homeownership: 92.9%

Market Overview

Active Listings
31
⇧ 82.4% vs 17 last year
Pending
14
45% pending ratio
Median Price
$599,900
⇩ 21.6% vs $765,000 last year
Average Price
$960,556
⇩ 66.6% vs $2,871,717 last year
Days on Market
39
⇩ 20.4% vs 49 days last year

Price Per Square Foot

Median $/sqft
$357
⇩ 4.8% vs $375/sqft last year
Median Home Size
2,753 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 17 last year
  • Days on market: 39 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $599,900 (-21.6% YoY)
  • Average: $960,556 (-66.6% 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 13.0 miles — 389 listings ($239,018,566 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08848Milford, NJ 088480.0 mi29$24,673,171$749,900$850,799
18972Upper Black Eddy, PA 189724.3 mi3$2,572,275$857,425$857,425
08867Pittstown, NJ 088676.8 mi11$15,134,834$942,500$1,375,894
08802Asbury, NJ 088026.9 mi13$9,839,609$799,000$756,893
18930Kintnersville, PA 189307.7 mi3$6,241,251$2,046,250$2,080,417
18077Riegelsville, PA 180777.9 mi4$1,810,000$452,500$452,500
08865Phillipsburg, NJ 088658.5 mi88$32,751,664$303,500$372,178
08809Clinton, NJ 088099.7 mi9$4,443,975$445,500$493,775
18055Hellertown, PA 1805510.7 mi20$15,595,880$422,475$779,794
18045Easton, PA 1804511.6 mi59$33,115,048$531,498$561,272
08829High Bridge, NJ 0882911.7 mi8$3,267,784$437,450$408,473
18040Easton, PA 1804012.4 mi73$38,167,247$502,450$522,839
08822Flemington, NJ 0882213.0 mi69$51,405,828$642,450$745,012

Frequently Asked Questions

How many homes are for sale in MILFORD, NJ 08848?

As of March 2026, there are 31 active listings in MILFORD, NJ (zip code 08848), compared to 17 the prior year.

What is the median home price in MILFORD, NJ 08848?

The median listing price in MILFORD, NJ 08848 is $599,900 as of March 2026, a 21.6% decrease from $765,000 the prior year.

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

Homes in MILFORD, NJ 08848 spend an average of 39 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in MILFORD, NJ 08848?

Based on current inventory and days-on-market data as of March 2026, MILFORD, NJ 08848 is currently a Balanced Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are selling faster, averaging 39 days on market compared to 49 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MILFORD, NJ 08848 save an estimated $11,998 compared to a typical 5% commission on the median listing price of $599,900. 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.