New Milford Real Estate Market

New Milford Market

The median sale price for homes in New Milford over the last 12 months is $320,000.


The median mortgage debt is $256,537.

Additional Statistics for Single Family Homes and Condos in New Milford, NJ
$380,900
Median Listing Price
53
Median Days on Market
74
Active Listings
6.8%
Distressed Listings
(foreclosures and short sales)
New Milford, NJ Price Trends - Sold vs. Listed
The median list price in May for single family homes in New Milford is $379,000. The list prices increased by 2.71% from the previous month.

The median sale price in January for single family homes is $362,000. The sale prices increased by 23.33% from the previous month.

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New Milford, NJ Market Inventory Trends

The number of active listings in New Milford increased by 14.5% from the previous month.

The median number of days active properties have been listed is 54. This is significantly shorter than the national average.

The number of sales in January dropped by 25% from the previous month.

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New Milford, NJ Property Ownership

The percent of unoccupied properties is very low in New Milford. It is -11.4% below the national average.

The percent of rental properties in New Milford is 15% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.