Milford, KS—66514
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Milford, KS
As of Oct '25, the median home price in Milford, KS is $320,000, with a year-over-year change of 9.9%. This indicates that home prices in Milford, KS are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $320,000 | 9.9% |
| Single Family | $320,000 | 9.6% |
| 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 | $301,000 | 10.7% |
4 Bed | $354,000 | 8.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Milford, KS
As of July '25, Rentcast reports the average rent in Milford, KS is $1,820, with a year-over-year rent change of 36.8%. Per bedroom, the median rent as of July '25 in Milford, KS is 3-bedrooms: $1,820. The most common rental property sizes in Milford, KS are 3-bedroom and studio, accounting for 70.8% and 17.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,820 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,500 | $1,820 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Milford, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Milford, KS is 49. This is a decrease of -27.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $295,000 | -20.0% |
Listing Count | 6 | -24.0% |
| Listings as % of Homes | 0.9% | -24.0% |
Days on Market | 49 | -27.0% |
Demographics — Milford, KS
As of the latest ACS Survey released in 2023, Milford, KS has a population of 1,660, which has increased by 59.9% over the past 5 years. Milford, KS is a popular place for families, as children make up 35.6% of the population. The area has a poorly educated workforce, with 15.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,660 | 59.9% |
% Under 18 | 35.6% | 31.4% |
% Seniors | 16.5% | 36.4% |
% WFH | 3.8% | -28.3% |
% w/ College Degree | 15.2% | -49.8% |
As of the latest ACS Survey released in 2023, Milford, KS is a predominantly white area, with 75.3% of the population identifying as white. The white population has grown by 10.4% in the last 5 years. The second most common race or ethnicity in Milford, KS is hispanic, making up 9.5% of the population. Foreign-born residents account for 6.8% of the population in Milford, KS, and this percentage has increased by 19.3% 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 | 75.3% | 10.4% |
% Black | 2.5% | 177.8% |
% Hispanic | 9.5% | -59.4% |
% Asian | 1.9% | -47.2% |
% Foreign Born | 6.8% | 19.3% |
Mortgage and Risk — Milford, KS
Milford, KS 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, KS
Milford, KS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | -$200 | $1,500 | $1,300 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Milford, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $320,000 |
| Median Household Income | $92,500 |