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MILFORD, NJ 08848

Real Estate Market Report  ·  Hunterdon County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
25
⇧ 56.3% vs 16 last year
Pending
7
28% pending ratio
Median Price
$674,900
⇩ 3.5% vs $699,725 last year
Average Price
$842,488
⇩ 75.7% vs $3,468,189 last year
Days on Market
83
⇧ 2.5% vs 81 days last year

Market Context

Population: 8,295  ·  Density: 97.9/mi²  ·  Median household income: $126,705

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

Market Analysis

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

The MILFORD, NJ real estate market (08848) currently shows 25 active listings, with 7 pending sales. Homes are averaging 83 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 83 days on market compared to 81 days last year.

The median listing price has fallen 3.5% year-over-year, from $699,725 to $674,900.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 25 this year vs 16 last year
  • Days on market: 83 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $674,900 (-3.5% YoY)
  • Average: $842,488 (-75.7% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.6 miles — 284 listings ($220,797,291 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08848Milford, NJ 088480.0 mi25$21,062,200$674,900$842,488
18972Upper Black Eddy, PA 189724.3 mi6$4,394,364$814,950$732,394
08825Frenchtown, NJ 088256.7 mi7$5,388,831$639,500$769,833
08886Stewartsville, NJ 088866.9 mi22$12,473,406$519,900$566,973
18920Erwinna, PA 189207.0 mi3$5,025,000$1,237,500$1,675,000
18042Easton, PA 180427.7 mi82$32,930,954$310,000$401,597
08827Hampton, NJ 088278.2 mi17$12,215,146$719,900$718,538
18942Ottsville, PA 189429.1 mi9$11,400,039$651,900$1,266,671
18950Point Pleasant, PA 1895010.3 mi1$1,975,000$1,975,000$1,975,000
08801Annandale, NJ 0880111.2 mi21$19,548,900$553,950$930,900
18947Pipersville, PA 1894711.6 mi15$31,987,380$1,824,950$2,132,492
07882Washington, NJ 0788211.9 mi49$20,114,206$375,000$410,494
08559Stockton, NJ 0855912.6 mi27$42,281,865$1,186,500$1,565,995

Frequently Asked Questions

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

As of January 2026, there are 25 active listings in MILFORD, NJ (zip code 08848), compared to 16 the prior year.

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

The median listing price in MILFORD, NJ 08848 is $674,900 as of January 2026, a 3.5% decrease from $699,725 the prior year.

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

Homes in MILFORD, NJ 08848 spend an average of 83 days on the market before going under contract, compared to 81 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 January 2026, MILFORD, NJ 08848 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 83 days on market compared to 81 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 $13,498 compared to a typical 5% commission on the median listing price of $674,900. 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.