Milford Township Housing Market Report March 2025•Somerset County, Pennsylvania

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Housing Prices in Milford Township, PA

How much do homes in Milford Township, PA cost?

Housing Market Conditions

Is Milford Township, PA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Milford Township is a Seller's Market

Difference Since March 2024

Since last year, Milford Township has remained a Seller's Market.

Insight

Milford Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$342,000$183/SqFt
+$42,000
+14.0%

Based on all homes sold in the last 12 months

Insight

Homes in Milford Township have sold for 14% more than they did a year ago.

Summary: The median home sold price in Milford Township was $342,000 in March 2025, up 14% from last year, and the median price per square foot was $183.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Milford Township
+14.0%
Middlecreek Township
-4.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$44K$45.1K
+2.5%
2$171K$258K
+50.9%
3$317.7K$350K
+10.1%
4$374.9K$435K
+16.0%
5$482.5K$640K
+32.6%

Summary: Milford Township housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +2.5%. The home price for 2 bedroom homes increased by +50.9%. The home price for 3 bedroom homes increased by +10.1%. The home price for 4 bedroom homes increased by +16.0%. The home price for 5 bedroom homes increased by +32.6%.

How does Milford Township, PA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Milford Township, PA

Housing supply in Milford Township, PA

How many homes are available in Milford Township, PA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
67Last MonthMar 2025
532 months agoFeb 2025
+26.4 %
Change MoMFeb – Mar

Summary: The Milford Township real estate market had 67 homes for sale in Mar 2025, a 26.4 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
16Last MonthMar 2025
172 months agoFeb 2025
-5.9 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
155
0.0%
21418
+28.6%
32231
+40.9%
41011
+10.0%
522
0.0%

Summary: Milford Township housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +28.6%. The inventory for 3 bedroom homes increased by +40.9%. The inventory for 4 bedroom homes increased by +10.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Milford Township, PA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price1 Home

Under Asking Price13 Homes

Insight

If you're buying a home in Milford Township, you may be able to get a good deal. 81.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Milford Township in March 2025, down by 5.9% month-over-month. Of the 16 sold homes, 81% were sold under asking, 6% were sold at asking, and and 13% were sold over asking.

Days on Market for Milford Township, PA

How long does it take to sell a home in Milford Township, PA?

Breakdown of Home Sale Times

Under 30 Days7 Homes

30 – 90 Days5 Homes

Over 90 Days4 Homes

Insight

Many homes in Milford Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 16 homes were sold in Milford Township; 44% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
61 DaysThis YearMar 2025
80 Days1 year agoMar 2024
-23.0 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Milford Township had an average listing age of 61 days in Mar 2025, down by 23.0% compared to the previous year.

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Newest Listings in Milford Township, PA

What homes are available in Milford Township, PA?

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Nearby markets

Nearby markets aren't available for Milford Township, PA

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MLS Disclaimers and Copyright

Based on information from Pike/Wayne Association of Realtors MLS, Pocono Mountains Association of Realtors MLS, West Penn Multi-List Inc., Cambria-Somerset Association of Realtors MLS, and OneKey MLS for the period 04/01/2023 - 04/01/2025

© 2025 Pike Wayne Association of REALTORS MLS. Information displayed on this website on listings other than those of the website owner is displayed with permission of the Pike Wayne Association of REALTORS and Broker/Participants of the Pike Wayne MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 5:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate for sale on this web site includes listings held by MLS IDX Participants of the Internet Data Exchange Program of the Multiple Listing Service of the Pocono Mountain Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarily the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Association and its MLS IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed of implied.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 5:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Copyright © 2025 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listing information provided in part by the Cambria Somerset Association of Realtors MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © 2025 Cambria Somerset Association of Realtors MLS 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 5:16:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/6/2025, 11:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.