All Home Types
New Milford, NJ Housing Market
What is the housing market like in New Milford today?
In October 2024, New Milford home prices were up 7.8% compared to last year, selling for a median price of $550K. On average, homes in New Milford sell after 56 days on the market compared to 51 days last year. There were 16 homes sold in October this year, up from 15 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$550,000
+7.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
New Milford, NJ
$550,000
+7.8%
United States
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New Milford Migration & Relocation Trends
In Sep '24 - Nov '24, 29% of New Milford homebuyers searched to move out of New Milford, while 71% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into New Milford from outside metros.
- San Francisco homebuyers searched to move into New Milford more than any other metro followed by Seattle and Gainesville.
Where are people moving to New Milford from?
- 71% of New Milford homebuyers searched to stay within the New Milford metropolitan area.
- Miami was the most popular destination among New Milford homebuyers followed by Boston and Philadelphia.
Where are people from New Milford moving to?
Number of People Moving to New Milford
least
most
People are moving to New Milford from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 179 | ||
| 2 | 44 | ||
| 3 | 35 | ||
| 4 | 10 | ||
| 5 | 8 | ||
| 6 | 4 | ||
| 7 | 4 | ||
| 8 | 3 | ||
| 9 | 3 | ||
| 10 | 3 | ||
People are leaving New Milford for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 4,605 | ||
| 2 | 4,152 | ||
| 3 | 4,074 | ||
| 4 | 2,027 | ||
| 5 | 2,017 | ||
| 6 | 1,999 | ||
| 7 | 1,885 | ||
| 8 | 1,678 | ||
| 9 | 1,287 | ||
| 10 | 1,265 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in New Milford.
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