135 homes sold in Milford in the last year, at a typical $401K
About one sale in 3 is a condo. 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.
A third of Milford’s sales are condos, at $22K less than a house
90 houses and 45 condos sold in the year to May 2026. Houses sell faster.
typical sale · 90 sold in 12 months
- Per square foot
- $246MI $172
- Days to sell
- 24
- Sold over asking
- 38%
- Listings with a price cut
- 31%
typical sale · 45 sold in 12 months
- Per square foot
- $193MI $190
- Days to sell
- 37
- Sold over asking
- 36%
- Listings with a price cut
- 23%
About as many homes sell as usual, at 1.7 times the 2016 price
135 sales in the last year, against 167 in 2014 and a low of 79 in 2023. The typical sale went from $237K in 2016 to $401K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K 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 more common than before the pandemic, but a quarter fewer homes come up for sale
We read every month of Milford’s home sales since 2012 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, 135 sales.
If you’re buying in Milford
- Shop in March. It brings about 16 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
- Less room to haggle. Only 27% of listings cut their price, against 31% before the pandemic.
- Bid near asking. Buyers paid 98.8% of the list price on average; 37% paid over.
- You’ll usually have time. Only 42% of homes go under contract within two weeks; the typical one takes 25 days.
Summer brings the homes; spring brings the bidding wars
June has the most new listings (about 18 a month), but April is the most competitive: 36% of April sales close over asking. March offers nearly as much choice with fewer homes bid up (23%). January has the least competition (20%) but only about 8 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Michigan
| Milford now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 37% | 23% | 39% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 42% | 41% | 59% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | 27% | 31% | 45% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 98.8% | 98% | 99.6% | 98.4% |
| Days to sellMedian days from listing to contract | 25 | 34 | 17 | 33 |
24 homes for sale on a typical day
That’s 2.4 times the 2023 low (10), 22% fewer than in 2017–19 and well under 2014’s 49.
1 in 4 listings has cut its price
27% in the last year, against 31% in 2017–19 and 28% across Michigan.
Since 2019, houses are up 47%, condos 97%
A house typically sold for $411K in the last year (90 sales), a condo for $389K (45).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Milford ranks 67th of 194 busy Michigan markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Milford is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 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 $2,577 a month
Price: Milford’s typical sale, last 12 months. Property tax at Milford’s 1.5% (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 June
The month with the most choice. December has the fewest, about 7.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $401K home, about $5,820 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.
Wixom, Wolverine Lake, Walled Lake, South Lyon, Novi and Brighton sell for less a square foot
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 | |
|---|---|---|---|---|---|
| Novi | 659 | $462K | $220 | 34% | 23 |
| South Lyon | 222 | $269K | $176 | 34% | 26 |
| Brighton | 157 | $348K | $210 | 32% | 32 |
| Wixom | 140 | $381K | $211 | 32% | 31 |
| Milford | 135 | $401K | $229 | 37% | 25 |
| Walled Lake | 106 | $248K | $189 | 27% | 28 |
| Wolverine Lake | 59 | $379K | $220 | 54% | 33 |
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, MI?
135 homes sold in the year to May 2026 at a typical $401K, $229 a square foot. Houses sold for about $411K, condos for about $389K.
Is Milford a buyer’s or seller’s market?
A seller’s market: 26 homes were for sale in May 2026 and 20 sold, about 1.3 months of supply. Buyers paid 98.8% of asking on average, and 27% of listings cut their price.
When is the best time to buy in Milford?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Milford?
About 1.5% of a home’s value a year. On a $401K home that’s near $5,820.
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).