Home Values

Milford Township Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$266,700

  • 8.7% 1-year change
  • 3.9% 1-year forecast

The median home value in Milford Township is $266,700. Milford Township home values have gone up 8.7% over the past year and Zillow predicts they will rise 3.9% within the next year. The median list price per square foot in Milford Township is $149, which is higher than the Philadelphia Metro average of $131. The median price of homes currently listed in Milford Township is $289,900 while the median price of homes that sold is $258,150.

Foreclosures will be a factor impacting home values in the next several years. In Milford Township 3.4 homes are foreclosed (per 10,000). This is lower than the Philadelphia Metro value of 5.0 and also lower than the national value of 4.0

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Relative ZHVI
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Milford Township Market Overview

Data through Sep 30, 2014
  • $266,700 ZHVI
  • 3.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Sep 30, 2015)
  • $289,900 Median listing price
  • $258,150 Median sale price (Aug 31, 2014)
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Milford Township Market Health

Data through Sep 30, 2014
  • 7.2/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

3.4 homes Milford Township
5 homes Philadelphia Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Lower Milford Township $282,800
Marlborough Township $268,600
Upper Hanover Township $265,700
Name Median ZHVI
Richland Township $242,000
Coopersburg $205,600
Quakertown $201,200
Name Median ZHVI
Pennsburg $195,100
Red Hill $192,300
East Greenville $149,800

Listings & Sales

Data through Sep 30, 2014
  • $149 Median list price / sq ft
  • $145 Median sale price / sq ft (Aug 31, 2014)
  • 50.0% Listings with price cut
36.5%
Sold below listing
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Milford Township Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,557 Milford Township
    $1,556 Philadelphia Metro
    $1,335 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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