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MILFORD, MI 48380

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

Market Overview

Active Listings
8
⇩ 55.6% vs 18 last year
Pending
2
25% pending ratio
Median Price
$789,999
⇩ 6.8% vs $847,475 last year
Average Price
$957,467
⇧ 4.3% vs $918,137 last year
Days on Market
103
⇧ 33.8% vs 77 days last year

Market Context

Population: 7,750  ·  Density: 104.5/mi²  ·  Median household income: $131,368

Typical home value: $409,494  ·  Homeownership: 98.9%

Market Analysis

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

The MILFORD, MI real estate market (48380) currently shows 8 active listings, with 2 pending sales. Homes are averaging 103 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 103 days on market compared to 77 days last year.

The median listing price has fallen 6.8% year-over-year, from $847,475 to $789,999.

Whether you are buying or selling in MILFORD, MI, 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: 8 this year vs 18 last year
  • Days on market: 103 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $789,999 (-6.8% YoY)
  • Average: $957,467 (+4.3% 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 14.0 miles — 484 listings ($284,392,751 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48380Milford, MI 483800.0 mi8$7,659,736$789,999$957,467
48114Brighton, MI 481144.6 mi39$21,968,115$532,613$563,285
48353Hartland, MI 483535.4 mi10$5,585,140$592,400$558,514
48356Highland, MI 483566.6 mi16$5,929,472$324,900$370,592
48116Brighton, MI 481167.8 mi67$30,529,488$429,450$455,664
48383White Lake, MI 483838.5 mi17$12,747,688$529,950$749,864
48390Walled Lake, MI 483909.9 mi76$30,041,736$339,900$395,286
48377Novi, MI 4837711.1 mi20$10,065,740$368,750$503,287
48167Northville, MI 4816712.1 mi73$62,887,091$625,000$861,467
48375Novi, MI 4837513.0 mi43$17,711,743$425,000$411,901
48350Davisburg, MI 4835013.0 mi22$15,878,962$537,000$721,771
48327Waterford, MI 4832713.6 mi50$16,366,050$299,020$327,321
48324West Bloomfield, MI 4832414.0 mi43$47,021,790$395,000$1,093,530

Frequently Asked Questions

How many homes are for sale in MILFORD, MI 48380?

As of January 2026, there are 8 active listings in MILFORD, MI (zip code 48380), compared to 18 the prior year.

What is the median home price in MILFORD, MI 48380?

The median listing price in MILFORD, MI 48380 is $789,999 as of January 2026, a 6.8% decrease from $847,475 the prior year.

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

Homes in MILFORD, MI 48380 spend an average of 103 days on the market before going under contract, compared to 77 days the prior year.

Is it a seller's or buyer's market in MILFORD, MI 48380?

Based on current inventory and days-on-market data as of January 2026, MILFORD, MI 48380 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 103 days on market compared to 77 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MILFORD, MI 48380 save an estimated $15,800 compared to a typical 5% commission on the median listing price of $789,999. 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.