Altos Market Data for Realtors

Milford, VA

Single-Family Homes

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Milford, VA

Wed May 08 2024
This week the median list price for Milford, VA is $259,500 with the market action index hovering around 33. This is less than last month's market action index of 40. Inventory has held steady at or around 6. Click here to stay informed with the Milford market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Milford, VA

Wed May 08 2024
This week the median list price for Milford, VA is $259,500 with the market action index hovering around 33. This is less than last month's market action index of 40. Inventory has held steady at or around 6. Click here to stay informed with the Milford market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Milford market.
Median List Price $259,500
Median Price of New Listings $0
Per Square Foot $218
Average Days on Market 127
Median Days on Market 119
Price Decreased 33%
Price Increased 17%
Relisted 17%
Inventory 6
Median Rent
Market Action 33
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$449,950 1,728 1 - 2.5 acres 3 2 47 0 0 161
$279,900 1,833 0.5 - 1 acre 3 2 53 0 1 77
$259,500 1,188 1 - 2.5 acres 3 1 57 0 0 171
$223,230 864 5 - 10 acres 2 1 48 0 0 91