Milford Home Prices & Values

$143,800 Zillow Home Value Index What's This?  
Close

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

  • 7.2% 1-year change
  • 2.9% 1-year forecast

The median home value in Milford is $143,800. Milford home values have gone up 7.2% over the past year and Zillow predicts they will rise 2.9% within the next year. The median price of homes currently listed in Milford is $140,000.

Foreclosures will be a factor impacting home values in the next several years. In Milford 17.3 homes are foreclosed (per 10,000). This is greater than the Richmond Metro value of 4.0 and also greater than the national value of 4.4

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Milford is 0.0%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Milford homeowners underwater on their mortgage is 17.7%, which is lower than Richmond Metro at 20.3%.

more
Relative ZHVI
- +

Milford Market Overview

Data through Jul 31, 2014
  • $143,800 ZHVI
  • 2.9% 1-yr forecast What's This?  
    Close

    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $140,000 Median listing price
  • No data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Milford Market Health

Data through Jul 31, 2014
  • 5.3/10 Stable What's This?  
    Close

    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
  • 17.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 0.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

17.3 homes Milford
4 homes Richmond Metro
4.4 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
King George $240,100 Mechanicsville $227,500 Hanover $212,600
Ashland $210,700 Doswell $208,200 Bowling Green $162,600
Woodford $161,400 Ruther Glen $160,200  

Listings & Sales

Data through Jul 31, 2014
  • $92 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 29.4% Listings with price cut
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Milford Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,161 Milford
$1,306 Richmond Metro
$1,318 United States
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading