Call or Text (240) SELL-123

MILFORD, IA 51351

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

Market Overview

Active Listings
12
⇩ 14.3% vs 14 last year
Pending
1
8% pending ratio
Median Price
$1,037,450
⇧ 95.4% vs $531,000 last year
Average Price
$1,442,490
⇧ 27% vs $1,135,745 last year
Days on Market
83
⇧ 12.2% vs 74 days last year

Market Context

Population: 4,812  ·  Density: 17.2/mi²  ·  Median household income: $67,250

Typical home value: $245,894  ·  Homeownership: 77.7%

Market Analysis

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

The MILFORD, IA real estate market (51351) currently shows 12 active listings, with 1 pending sales. Homes are averaging 83 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 83 days on market compared to 74 days last year.

The median listing price has risen 95.4% year-over-year, from $531,000 to $1,037,450.

Whether you are buying or selling in MILFORD, IA, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MILFORD, IA 51351 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 14 last year
  • Days on market: 83 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $1,037,450 (+95.4% YoY)
  • Average: $1,442,490 (+27% 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 27.1 miles — 112 listings ($77,665,888 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51351Milford, IA 513510.0 mi12$17,309,880$1,037,450$1,442,490
51340Fostoria, IA 513405.5 mi2$318,000$159,000$159,000
51360Spirit Lake, IA 513609.7 mi51$49,153,953$470,000$963,803
51338Everly, IA 5133810.3 mi3$318,750$106,250$106,250
51346Hartley, IA 5134616.4 mi7$1,359,575$207,450$194,225
51354Ocheyedan, IA 5135419.1 mi2$260,000$130,000$130,000
56167Round Lake, MN 5616719.6 mi1$115,000$115,000$115,000
51350Melvin, IA 5135020.7 mi1$139,500$139,500$139,500
51365Wallingford, IA 5136522.7 mi3$393,900$115,000$131,300
56143Jackson, MN 5614323.3 mi21$5,270,664$199,900$250,984
50515Ayrshire, IA 5051525.7 mi2$31,666$13,500$15,833
56127Dunnell, MN 5612726.2 mi2$390,000$195,000$195,000
51058Sutherland, IA 5105827.1 mi5$2,605,000$342,500$521,000

Frequently Asked Questions

How many homes are for sale in MILFORD, IA 51351?

As of January 2026, there are 12 active listings in MILFORD, IA (zip code 51351), compared to 14 the prior year.

What is the median home price in MILFORD, IA 51351?

The median listing price in MILFORD, IA 51351 is $1,037,450 as of January 2026, a 95.4% increase from $531,000 the prior year.

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

Homes in MILFORD, IA 51351 spend an average of 83 days on the market before going under contract, compared to 74 days the prior year.

Is it a seller's or buyer's market in MILFORD, IA 51351?

Based on current inventory and days-on-market data as of January 2026, MILFORD, IA 51351 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 83 days on market compared to 74 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MILFORD, IA 51351 save an estimated $20,749 compared to a typical 5% commission on the median listing price of $1,037,450. 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.