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MILFORD, VA 22514

Real Estate Market Report  ·  Caroline County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
6
⇩ 33.3% vs 9 last year
Pending
1
17% pending ratio
Median Price
$495,000
⇧ 18.6% vs $417,500 last year
Average Price
$806,970
⇩ 19.3% vs $1,000,144 last year
Days on Market
104
⇧ 55.2% vs 67 days last year

Market Context

Population: 2,402  ·  Density: 12.0/mi²  ·  Median household income: $66,413

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

Market Analysis

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

The MILFORD, VA real estate market (22514) currently shows 6 active listings, with 1 pending sales. Homes are averaging 104 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 104 days on market compared to 67 days last year.

The median listing price has risen 18.6% year-over-year, from $417,500 to $495,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 9 last year
  • Days on market: 104 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $495,000 (+18.6% YoY)
  • Average: $806,970 (-19.3% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.4 miles — 401 listings ($224,101,058 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
22514Milford, VA 225140.0 mi6$4,841,820$495,000$806,970
22427Bowling Green, VA 224277.2 mi12$5,914,692$354,950$492,891
22476Hustle, VA 2247610.6 mi2$420,000$210,000$210,000
22546Ruther Glen, VA 2254611.1 mi91$39,658,528$380,000$435,808
23148Saint Stephens Church, VA 2314813.4 mi4$1,457,844$364,531$364,461
22580Woodford, VA 2258014.4 mi16$18,109,600$459,500$1,131,850
22538Rappahannock Academy, VA 2253815.1 mi1$9,000,000$9,000,000$9,000,000
22560Tappahannock, VA 2256016.0 mi40$24,303,640$365,000$607,591
23115Millers Tavern, VA 2311519.1 mi1$659,900$659,900$659,900
22443Colonial Beach, VA 2244319.7 mi102$41,367,834$364,900$405,567
23023Bruington, VA 2302320.1 mi1$1,599,950$1,599,950$1,599,950
23015Beaverdam, VA 2301521.3 mi35$25,323,340$735,878$723,524
23116Mechanicsville, VA 2311621.4 mi90$51,443,910$565,000$571,599

Frequently Asked Questions

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

As of January 2026, there are 6 active listings in MILFORD, VA (zip code 22514), compared to 9 the prior year.

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

The median listing price in MILFORD, VA 22514 is $495,000 as of January 2026, a 18.6% increase from $417,500 the prior year.

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

Homes in MILFORD, VA 22514 spend an average of 104 days on the market before going under contract, compared to 67 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 January 2026, MILFORD, VA 22514 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 104 days on market compared to 67 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 $9,900 compared to a typical 5% commission on the median listing price of $495,000. 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.