Photo: Internet Archive Book Images · Public domain34 homes sold in Milford in the last year, at a typical $258K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Milford homes are listed.
Every place Milford homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Milford.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Milford’s sales, at a typical $258K
34 homes sold in the year to May 2026.
typical sale · 34 sold in 12 months
- Per square foot
- $159IN $148
- Days to sell
- 58
- Sold over asking
- 15%
- Listings with a price cut
- 25%
More homes sell than most years, at 2.5 times the 2016 price
34 sales in the last year, against 32 in 2016 and a low of 20 in 2020. The typical sale went from $102K in 2016 to $258K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Milford
Check a listing against what Milford homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Milford are rarer than before the pandemic, with about as many homes for sale
We read every month of Milford’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 34 sales.
If you’re buying in Milford
- Shop in July. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (21% over asking).
- Bid near asking. Buyers paid 99% of the list price on average; 15% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings the homes; fall brings the bidding wars
July has the most new listings (about 3 a month), but October is the most competitive: 50% of October sales close over asking. December has the least competition (12%) but only about 1 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Indiana as a whole
| Milford now | 2017–19 | 2021 peak | IN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 15% | 21% | 54% | 19% |
| Gone within two weeksShare of homes under contract within 14 days | 51% | 0% | 0% | 37% |
| Listings with a price cutShare of homes for sale that cut their price | 25% | — | — | 33% |
| Price paid vs. askingAverage sale price ÷ list price | 99% | 98.7% | 102.7% | 97.7% |
| Days to sellMedian days from listing to contract | 58 | 83 | 72 | 35 |
7 homes for sale on a typical day
That’s 3.1 times the 2023 low (2), 13% more than in 2017–19 and well under 2015’s 12.
1 in 4 listings has cut its price
25% in the last year, against — in 2017–19 and 33% across Indiana.
Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Milford home costs about $1,460 a month
Price: Milford’s typical sale, last 12 months. Property tax at Milford’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Milford is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. December has the fewest, about 1.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $258K home, about $1,370 a year.
Taxes vs. neighborsSchools
The schools grade for Milford, from test results, graduation and how much students grow.
Schools in MilfordCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Nappanee, Goshen and Ligonier sell for less a square foot; Syracuse for far more
The busier markets within 25 miles of Milford, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Goshen | 299 | $231K | $134 | 26% | 23 |
| Warsaw | 225 | $246K | $155 | 22% | 44 |
| Nappanee | 56 | $235K | $148 | 27% | 30 |
| Syracuse | 41 | $335K | $208 | 22% | 44 |
| Milford | 34 | $258K | $159 | 15% | 58 |
| Ligonier | 23 | $184K | $130 | 30% | 73 |
| New Paris | 21 | $283K | $191 | 29% | 60 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Milford, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Milford. People who follow the town see it, and so do people comparing Milford with their own town. No commission, no listing fee.
Questions about buying a home in Milford
What do homes sell for in Milford, IN?
34 homes sold in the year to May 2026 at a typical $258K, $159 a square foot.
Is Milford a buyer’s or seller’s market?
A seller’s market: 6 homes were for sale in May 2026 and 2 sold, about 3 months of supply. Buyers paid 99% of asking on average, and 25% of listings cut their price.
When is the best time to buy in Milford?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Milford?
About 0.5% of a home’s value a year. On a $258K home that’s near $1,370.
Where can I see homes for sale in Milford?
Zillow, Redfin, Realtor.com and Homes.com all carry Milford’s MLS listings; the search links above open each one filtered to Milford.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).