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MILFORD, NE 68405

Real Estate Market Report  ·  Seward County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The MILFORD, NE real estate market (68405) currently shows 4 active listings, with 4 pending sales. Homes are averaging 47 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 taking longer to sell, averaging 47 days on market compared to 26 days last year.

The median listing price has fallen 43.1% year-over-year, from $425,000 to $242,000.

Whether you are buying or selling in MILFORD, NE, 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: 3,567  ·  Density: 17.3/mi²  ·  Median household income: $78,313

Typical home value: $225,423  ·  Homeownership: 67.8%

Market Overview

Active Listings
4
⇩ 63.6% vs 11 last year
Pending
4
100% pending ratio
Median Price
$242,000
⇩ 43.1% vs $425,000 last year
Average Price
$242,000
⇩ 34.7% vs $370,571 last year
Days on Market
47
⇧ 80.8% vs 26 days last year

Price Per Square Foot

Median $/sqft
$206
⇧ 10.8% vs $186/sqft last year
Median Home Size
1,183 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 11 last year
  • Days on market: 47 now vs 26 last year

Median & Average Pricing

Year over Year
  • Median: $242,000 (-43.1% YoY)
  • Average: $242,000 (-34.7% 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
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 20.2 miles — 150 listings ($46,393,481 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68405Milford, NE 684050.0 mi5$878,000$175,600$175,600
68434Seward, NE 6843410.2 mi27$7,869,285$266,625$291,455
68343Dorchester, NE 6834310.5 mi1$156,250$156,250$156,250
68333Crete, NE 6833311.9 mi23$7,999,515$346,250$347,805
68360Garland, NE 6836013.9 mi3$1,129,176$207,175$376,392
68359Friend, NE 6835914.4 mi2$680,000$340,000$340,000
68524Lincoln, NE 6852415.9 mi17$3,523,862$184,500$207,286
68522Lincoln, NE 6852216.4 mi37$11,976,308$336,225$323,684
68465Wilber, NE 6846519.1 mi11$3,327,500$237,000$302,500
68404Martell, NE 6840419.5 mi4$2,176,900$544,000$544,225
68508Lincoln, NE 6850819.5 mi15$4,629,225$228,650$308,615
68368Hallam, NE 6836819.8 mi5$2,047,460$414,475$409,492
68351Exeter, NE 6835120.2 mi0$0$178,000$178,000

Frequently Asked Questions

How many homes are for sale in MILFORD, NE 68405?

As of March 2026, there are 4 active listings in MILFORD, NE (zip code 68405), compared to 11 the prior year.

What is the median home price in MILFORD, NE 68405?

The median listing price in MILFORD, NE 68405 is $242,000 as of March 2026, a 43.1% decrease from $425,000 the prior year.

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

Homes in MILFORD, NE 68405 spend an average of 47 days on the market before going under contract, compared to 26 days the prior year.

Is it a seller's or buyer's market in MILFORD, NE 68405?

Based on current inventory and days-on-market data as of March 2026, MILFORD, NE 68405 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 47 days on market compared to 26 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MILFORD, NE 68405 save an estimated $4,840 compared to a typical 5% commission on the median listing price of $242,000. 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.