October's First-Time Homebuyer Report for Milford

Milford is a small city in New Hampshire with a median income of $59,424 per household. Besides being affluent, its population is much older than others with a median age of 39 years. Detached homes account for 100% of the area's current housing market. The top schools in the city are Jacques Memorial Elementary School, Milford Middle School, and Milford High School.

Culture

If you are interested in arts and entertainment, Foursquare says that Amato Family Perming Arts Center is the most popular place in Milford. Recommended places to eat are Red Arrow Diner, Pasta Loft, and Amigos Mexican Cantina. And finally, J's Tavern is a frequently visited spot to get a drink.

Price Range

The housing prices of Milford are close to the state average with a median home value of $179,500 and a current average list price of $238,874. Over the last 30 days, the Milford market made strides with one home sold.

Typical Dwelling

A two-bedroom detached home valued around $222,450 is considered a typical dwelling in Milford. If a buyer was looking for a similar home, they would need good credit and a $44,490 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $780 and the property tax rate is $23.37 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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