Milford, NH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Milford Neighborhoods Since 2000




Milford, NH Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Milford Housing Market Information

With a population of 15,284, 6,135 total housing units (homes and apartments), and a median house value of $295,099, Milford real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Milford, accounting for 55.16% of the town's housing units. Other types of housing that are prevalent in Milford include large apartment complexes or high rise apartments ( 21.61%), duplexes, homes converted to apartments or other small apartment buildings ( 13.71%), and a few mobile homes or trailers ( 5.03%).

The most prevalent building size and type in Milford are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 63.69% owning and 36.31% renting.

There is a lot of housing in Milford built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Milford built before 1939 ( 18.90%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.21%). There's also some housing in Milford built between 1940-1969 ( 18.07%).

Milford Home Appreciation Rates

Milford's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Milford during the period has been just -1.51%, which is lower than 80% of US communities.

Over the last year, Milford appreciation rates have trailed the rest of the nation. In the last twelve months, Milford's appreciation rate has been 2.75%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Milford were at 0.21%, which equates to an annual appreciation rate of 0.86%.

Relative to New Hampshire, our data show that Milford's latest annual appreciation rate is lower than 70% of the other cities and towns in New Hampshire.

Average Home Values

 

Median Home Value:
$295,099

Milford, NH HOME PRICES

Value Range
> $1,096,000 0.2
$822,001 - $1,096,000 0.0
$548,001 - $822,000 0.7
$438,001 - $548,000 1.7
$329,001 - $438,000 18.2
$219,001 - $329,000 47.5
$109,001 - $219,000 21.7
$55,001 - $109,000 4.8
$0 - $55,000 5.2

High for NH
Very High for Nation

Value Relative to Nation Value Relative to State
16.7233095042775 32.484076433121

Number Of Homes And Apartments:
6,135

Milford Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NH*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
33.02% 1.67% 2 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,293 / per month

Homeownership Rate

Homeownership
Owners 63.69
Renters 36.31
Vacant 4.41

Housing Market Details

 

Age of Homes

AGE OF Milford HOMES
2000 or Newer 18.2
1970 - 1999 44.8
1940 - 1969 18.1
1939 or Older 18.9

Types of Homes

TYPE OF Milford HOMES
Single-Family 55.2
Townhomes 4.5
Small Apt. Buildings 13.7
Apt. Complexes 21.6
Mobile Homes 5.0
Other 0.0

Home Size

SIZE OF Milford HOMES
No Bedroom 2.17
1 Bedroom 9.89
2 Bedrooms 32.10
3 Bedrooms 38.31
4 Bedrooms 15.89
5 or more bedrooms 1.64