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MILFORD, IL 60953

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

Market Overview

Active Listings
8
⇧ 60% vs 5 last year
Pending
1
13% pending ratio
Median Price
$169,900
⇧ 4.6% vs $162,400 last year
Average Price
$159,443
⇧ 4.7% vs $152,300 last year
Days on Market
109
⇧ 11.2% vs 98 days last year

Market Context

Population: 2,444  ·  Density: 6.2/mi²  ·  Median household income: $55,298

Typical home value: $93,838  ·  Homeownership: 79.4%

Market Analysis

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

The MILFORD, IL real estate market (60953) currently shows 8 active listings, with 1 pending sales. Homes are averaging 109 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 109 days on market compared to 98 days last year.

The median listing price has risen 4.6% year-over-year, from $162,400 to $169,900.

Whether you are buying or selling in MILFORD, IL, 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 5 last year
  • Days on market: 109 now vs 98 last year

Median & Average Pricing

Year over Year
  • Median: $169,900 (+4.6% YoY)
  • Average: $159,443 (+4.7% 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 23.4 miles — 129 listings ($25,866,191 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60953Milford, IL 609530.0 mi8$1,275,544$169,900$159,443
60974Woodland, IL 609746.6 mi1$120,000$120,000$120,000
60942Hoopeston, IL 6094211.3 mi18$1,767,798$65,000$98,211
60970Watseka, IL 6097011.6 mi40$6,830,480$135,000$170,762
47942Earl Park, IN 4794213.3 mi3$740,499$187,500$246,833
60960Rankin, IL 6096016.9 mi6$732,000$122,000$122,000
60918Buckley, IL 6091818.0 mi4$426,000$110,000$106,500
60938Gilman, IL 6093818.4 mi12$2,757,300$227,400$229,775
47944Fowler, IN 4794419.0 mi21$4,922,652$237,000$234,412
60951Martinton, IL 6095120.2 mi4$699,668$169,900$174,917
60930Danforth, IL 6093021.6 mi2$1,434,900$717,450$717,450
60911Ashkum, IL 6091123.0 mi7$3,388,350$237,500$484,050
47948Goodland, IN 4794823.4 mi3$771,000$257,000$257,000

Frequently Asked Questions

How many homes are for sale in MILFORD, IL 60953?

As of January 2026, there are 8 active listings in MILFORD, IL (zip code 60953), compared to 5 the prior year.

What is the median home price in MILFORD, IL 60953?

The median listing price in MILFORD, IL 60953 is $169,900 as of January 2026, a 4.6% increase from $162,400 the prior year.

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

Homes in MILFORD, IL 60953 spend an average of 109 days on the market before going under contract, compared to 98 days the prior year.

Is it a seller's or buyer's market in MILFORD, IL 60953?

Based on current inventory and days-on-market data as of January 2026, MILFORD, IL 60953 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 109 days on market compared to 98 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MILFORD, IL 60953 save an estimated $3,398 compared to a typical 5% commission on the median listing price of $169,900. 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.