New Milford's October First-Time Homebuyer Report

New Milford is much younger than the rest of Illinois, with a median age of 42. It's affluent as well, with a median income of $52,355 per household. The New Milford market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. The best school in the city is Arthur Froberg Elementary School.

Price Range

Home values in New Milford are generally in line with others in the state with a median home value of $95,400 and an average list price of $137,320.

Out of all the listings in New Milford, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$109K   $124K  

Typical Dwelling

The typical dwelling in New Milford is a three-bedroom detached home worth about $90,414. To purchase a similar home, a buyer with good credit and a $18,083 cash down payment could obtain a mortgage with a 3.95% interest rate and a $163 monthly payment. The property tax rate is $25.64 per $1,000 of taxable assessed value.

Get started right now by checking out New Milford homes for sale or reviewing New Milford real estate trends.


Data reported through 10/13/2016

Comments:


©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.