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MILFORD, VA 22514

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The MILFORD, VA real estate market (22514) currently shows 6 active listings, with 2 pending sales. Homes are averaging 21 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 21 days on market compared to 42 days last year.

The median listing price has fallen 33.7% year-over-year, from $509,257 to $337,400.

Whether you are buying or selling in MILFORD, VA, 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: 2,402  ·  Density: 12.0/mi²  ·  Median household income: $66,413

Typical home value: $231,412  ·  Homeownership: 77.3%

Market Overview

Active Listings
6
⇩ 53.8% vs 13 last year
Pending
2
33% pending ratio
Median Price
$337,400
⇩ 33.7% vs $509,257 last year
Average Price
$380,577
⇩ 59.2% vs $931,831 last year
Days on Market
21
⇩ 50% vs 42 days last year

Price Per Square Foot

Median $/sqft
$263
⇩ 12.9% vs $302/sqft last year
Median Home Size
1,310 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 13 last year
  • Days on market: 21 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $337,400 (-33.7% YoY)
  • Average: $380,577 (-59.2% 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 24.4 miles — 457 listings ($258,098,391 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
22514Milford, VA 225140.0 mi5$3,786,940$564,675$757,388
22427Bowling Green, VA 224277.2 mi11$4,187,656$383,750$380,696
22535Port Royal, VA 2253510.7 mi4$2,100,000$525,000$525,000
23009Aylett, VA 2300911.6 mi89$34,143,159$373,725$383,631
22580Woodford, VA 2258014.4 mi17$19,515,371$495,450$1,147,963
22538Rappahannock Academy, VA 2253815.1 mi1$9,000,000$9,000,000$9,000,000
22560Tappahannock, VA 2256016.0 mi38$23,460,326$414,900$617,377
23005Ashland, VA 2300519.6 mi79$40,478,810$370,000$512,390
22408Fredericksburg, VA 2240820.1 mi80$43,073,920$472,750$538,424
22485King George, VA 2248521.2 mi110$66,422,290$537,713$603,839
23177Walkerton, VA 2317721.3 mi7$2,715,608$391,950$387,944
22454Dunnsville, VA 2245423.5 mi13$7,864,311$446,000$604,947
23161Stevensville, VA 2316124.4 mi3$1,350,000$450,000$450,000

Frequently Asked Questions

How many homes are for sale in MILFORD, VA 22514?

As of March 2026, there are 6 active listings in MILFORD, VA (zip code 22514), compared to 13 the prior year.

What is the median home price in MILFORD, VA 22514?

The median listing price in MILFORD, VA 22514 is $337,400 as of March 2026, a 33.7% decrease from $509,257 the prior year.

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

Homes in MILFORD, VA 22514 spend an average of 21 days on the market before going under contract, compared to 42 days the prior year.

Is it a seller's or buyer's market in MILFORD, VA 22514?

Based on current inventory and days-on-market data as of March 2026, MILFORD, VA 22514 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 21 days on market compared to 42 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MILFORD, VA 22514 save an estimated $6,748 compared to a typical 5% commission on the median listing price of $337,400. 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.