Milford, NY—13807
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Milford, NY
As of Oct '25, the median home price in Milford, NY is $217,000, with a year-over-year change of -0.5%. This indicates that home prices in Milford, NY are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $217,000 | -0.5% |
| Single Family | $217,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $213,000 | 0.5% |
4 Bed | $252,000 | -2.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Milford, NY
Milford, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Milford, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Milford, NY is 56. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 133.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $158,000 | -48.0% |
Listing Count | 3 | -53.0% |
| Listings as % of Homes | 0.4% | -53.0% |
Days on Market | 56 | -1.0% |
Demographics — Milford, NY
As of the latest ACS Survey released in 2023, Milford, NY has a population of 1,260, which has decreased by -1.4% over the past 5 years. Milford, NY is a less popular place for families, as children make up 13.1% of the population. The area has a moderately educated workforce, with 35.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,260 | -1.4% |
% Under 18 | 13.1% | -20.6% |
% Seniors | 19.1% | 11.0% |
% WFH | 10.0% | 212.5% |
% w/ College Degree | 35.0% | 50.2% |
As of the latest ACS Survey released in 2023, Milford, NY is a predominantly white area, with 91.3% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Milford, NY is asian, making up 4.5% of the population. Foreign-born residents account for 6.4% of the population in Milford, NY, and this percentage has increased by 392.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.3% | -3.3% |
% Black | 0.7% | -58.8% |
% Hispanic | 3.9% | 457.1% |
% Asian | 4.5% | 150.0% |
% Foreign Born | 6.4% | 392.3% |
Mortgage and Risk — Milford, NY
Milford, NY lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Milford, NY
Milford, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | N/A | N/A | $960 |
| 3 Bedroom | N/A | N/A | $1,180 |
| 4 Bedroom | N/A | N/A | $1,280 |
Affordability — Milford, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $217,000 |
| Median Household Income | $86,200 |