Cheap homes for sale & real estate in Milford, IA

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ABOUT THIS HOME
Cheap Home for sale in Milford, IA:
New roof 11/06/25. Here is a 2 bedroom, 1 bath house located only 1/2 block from the elementary school and 3 blocks from the high school. The Library and post office just one block away. The price point makes the mortgage less than rent. Ready for the next owners.

$109,000

2 beds1 bath648 sq ft

1208 8th St St, Milford, IA 51351

4,260 sq ft lot • Garage • Built 1947

ABOUT THIS HOME
Cheap Home for sale in Milford, IA:
Welcome to this spacious and beautifully maintained 6-bedroom, 2-bathroom home offering 2,496 sq ft of finished living space in a fantastic location! Just blocks away from Okoboji schools, parks, and ball diamonds, this home combines convenience, comfort, and style. Inside you’ll find a modern layout featuring a bright, open living area and a finished basement that adds valuable extra space for entertaining or guest quarters, and ample storage. Step outside to enjoy the peaceful and inviting backyard, ideal for relaxing evenings. Another added bonus, a new roof installed in 2024! Whether you’re looking for space to grow or a home in an ideal location, this property checks the bo

$357,000

7 beds2 baths2,496 sq ft

1500 15th St, Milford, IA 51351

Finished basement • Fantastic location • Peaceful backyard

ABOUT THIS HOME
Cheap Home for sale in Milford, IA:
Fantastic opportunity to own a 3-bedroom, 2-bathroom condo located in the Iowa Great Lakes Area! Just steps from Terrace Park Beach on West Lake Okoboji, this property is ideally situated near top attractions including bike trails, Taco House, and West O Brewery. Whether you're looking for a low-maintenance second home, a summer getaway, or a long-term rental investment, this condo checks all the boxes. Enjoy the best of lake life with excellent potential for rental income when you're not using it.

$155,500

3 beds2 baths970 sq ft

664 Terrace Park Blvd #29, Milford, IA 51351

$203 HOA • Built 1999 • Listed 53 days

ABOUT THIS HOME
Cheap Home for sale in Milford, IA:
Welcome to your perfect lakes area retreat! Nestled in a prime Okoboji location, this meticulously maintained 3-bedroom, 2-bathroom mobile home offers comfort and convenience just steps away from all the summertime excitement. Originally the model home, it boasts modern upgrades including granite countertops in the kitchen, robust 2x6 exterior wall construction, and enhanced insulation for optimal energy efficiency and comfort year-round. Just steps away from the Dickinson County Trails, you can enjoy walking, jogging, cycling, and plenty of wildlife. This home combines quality, location, and thoughtful upgrades for an ideal lakes area living experience.

$179,950

3 beds2 baths1,153 sq ft

3200 Okoboji Ave #128, Milford, IA 51351

Enhanced insulation • Storm shelter • Granite countertops

OPEN SUN, 11:30AM TO 1PM

ABOUT THIS HOME
Cheap Home for sale in Milford, IA:
Get into the Iowa great lakes with this affordable 3 bed, 2 bath unit in Okoboji Village! Over 1800 square ft on a triangular "peninsula" lot, street on both sides makes for a quiet retreat. Easy access sitting just south of Arnolds Park, and Terrace Park beach on West Lake Okoboji just a short drive away via car, golf cart, or UTV. Dollar General right across the highway, Kwik Star just up the way, all kinds of convenience! Affordable unit for year round or weekend fun!

$148,900

3 beds2 baths1,896 sq ft

806 28th St St #85, Milford, IA 51351

1,848 sq ft lot • Built 1995 • Listed 172 days

Property at 806 28th St #17, Milford, IA 51351, 2 beds, 1 bath

$149,950

2 beds1 bath1,120 sq ft

806 28th St #17, Milford, IA 51351

Property at 1213 Lower Loop, Arnolds Park, IA 51331, 3 beds, 2 baths

$425,000

3 beds2 baths1,583 sq ft

1213 Lower Loop, Arnolds Park, IA 51331

Property at 1189 Lower Loop, Arnolds Park, IA 51331, 3 beds, 2 baths

$445,000

3 beds2 baths1,583 sq ft

1189 Lower Loop, Arnolds Park, IA 51331

Property at 000 Hill Dr, Milford, IA 51351

$169,000

— beds— baths— sq ft

000 Hill Dr, Milford, IA 51351

Property at 1181 Lower Loop, Arnolds Park, IA 51331, 3 beds, 2 baths

$445,000

3 beds2 baths1,583 sq ft

1181 Lower Loop, Arnolds Park, IA 51331

Property at 1188 Lower Loop, Arnolds Park, IA 51331, 3 beds, 2 baths

$445,000

3 beds2 baths1,583 sq ft

1188 Lower Loop, Arnolds Park, IA 51331

Property at 1185 Lower Loop, Arnolds Park, IA 51331, 3 beds, 2 baths

$445,000

3 beds2 baths1,583 sq ft

1185 Lower Loop, Arnolds Park, IA 51331

Property at 1191 Lower Loop, Arnolds Park, IA 51331, 3 beds, 2 baths

$445,000

3 beds2 baths1,583 sq ft

1191 Lower Loop, Arnolds Park, IA 51331

Property at 1190 Lower Loop, Arnolds Park, IA 51331, 3 beds, 2 baths

$445,000

3 beds2 baths1,583 sq ft

1190 Lower Loop, Arnolds Park, IA 51331

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NEW 9 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Milford, IA:
This hidden gem provides the rare combination of peace and tranquility, while located right in the heart of Okoboji! The 3-bedroom (plus office!), 3-bath home is within a short walking distance to the newly renovated Speier Park/pickleball courts, West Lake public access on Dixon Beach, Minnie Queen Playground, East Lake boat ramp, and the highly anticipated Sherwood Forest Park. The open floor plan provides an abundance of natural light and warmth with windows facing each direction. The large patio is perfect for entertaining, enjoying the sunrise, or watching the kids play on the included playset. With nearby trails, easy lake access, and room to roam, this is Okoboji living at its finest

$405,000

3 beds2 baths1,804 sq ft

1002 Eloise St St, Okoboji, IA 51355

Pickleball courts • Dixon beach • 9,408 sq ft lot

ABOUT THIS HOME
Cheap Home for sale in Milford, IA:
HUD HOMES are Sold AS IS. SUBMIT OFFERS AT HUDHOMESTORE. GOV. CASE# 161-372445.

$80,000

3 beds2 baths1,330 sq ft

115 3rd Ave Ave NW, Fostoria, IA 51340

7,100 sq ft lot • 3 garage spots • Built 1929

ABOUT THIS HOME
Cheap Home for sale in Milford, IA:
What a gem! This picture-perfect, move-in ready home delivers style, comfort and easy living for everyday life and entertaining. The open layout features an extra-spacious kitchen, and the large family room showcases a stylish new fireplace. Each of the three bedrooms enjoys its own bath and the main-level primary suite includes a walk-in closet. The relaxing patio has a private feel, and the corner-lot location is a family-friendly setting just moments from the schools, YMCA and bike trail. You’ll love calling this one home!

$348,500

3 beds3 baths1,996 sq ft

3625 Keokuk Ave, Spirit Lake, IA 51360

Relaxing patio • Walk-in closet • Corner-lot location

ABOUT THIS HOME
Cheap Home for sale in Milford, IA:
Enjoy maintenance-free living in a convenient location with easy access to all the amenities of the Lakes Area. This nicely updated unit features an open floor plan that combines the living room, dining area, and kitchen—perfect for comfortable everyday living. The spacious bedroom includes a generous walk-in closet, and the living room opens to a patio area with wide views. Homestead Cooperative offers a variety of amenities including a welcoming community room, craft and exercise rooms, and a coin-free laundry area. Your monthly cooperative fee covers most expenses—utilities, real estate taxes, lawn care, snow removal, basic cable, and common insurance, among others—maki

$130,000

1 bed1 bath936 sq ft

2351 27th St #2333, Spirit Lake, IA 51360

Open floor plan • Walk-in closet • Patio area

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Milford, IA:
Welcome to this near-new duplex in the heart of it all! With two bedrooms and a kitchen/living area on the main level there is plenty of space. But, wait! There is also a living area, two bedrooms, and lots of storage space in the lower level. The property has well-appointed finishes throughout. During chillier times, you will enjoy sitting by the fireplace. In warmer weather you can enjoy the patio overlooking the pond. A convenient location right off of Sunner Avenue allows for easy access to shops, restaurants and other area amenities. This home could just be what you have been looking for!

$425,000

4 beds3 baths2,439 sq ft

1940 35th St Unit B, Spirit Lake, IA 51360

Kitchen living area • Lower level • Convenient location

ABOUT THIS HOME
Cheap Home for sale in Milford, IA:
Welcome to 71 Shores. This unit provides a unique opportunity for a buyer to purchase and complete the interior on their own time and expense. Property is a part of the 71 Shores community and will share in all amenities of the project including lake access!

$300,000

3 beds2 baths2,850 sq ft

1316 Hwy 71 N #32, Okoboji, IA 51355

Lake access • $250 HOA • Community pool

Property at 172 Iowa St, Arnolds Park, IA 51331, 4 beds, 2.5 baths

$355,000

4 beds2.5 baths1,681 sq ft

172 Iowa St, Arnolds Park, IA 51331

Property at 290 240th Ave #104, Arnolds Park, IA 51331, 3 beds, 2 baths

$449,000

3 beds2 baths1,155 sq ft

290 240th Ave #104, Arnolds Park, IA 51331

Property at 290 240th Ave #127, Arnolds Park, IA 51331, 3 beds, 2.5 baths

$448,800

3 beds2.5 baths1,465 sq ft

290 240th Ave #127, Arnolds Park, IA 51331

Property at 1652 Exchange St, Okoboji, IA 51355, 2 beds, 2 baths

$184,900

2 beds2 baths1,052 sq ft

1652 Exchange St, Okoboji, IA 51355

Property at 25704 164th St, Spirit Lake, IA 51360, 2 beds, 2 baths

$295,000

2 beds2 baths1,310 sq ft

25704 164th St, Spirit Lake, IA 51360

Property at 83 Rohr St, Arnolds Park, IA 51331, 3 beds, 1 bath

$320,000

3 beds1 bath1,112 sq ft

83 Rohr St, Arnolds Park, IA 51331

Property at 3234 Honeycomb Ct, Spirit Lake, IA 51360

$75,000

— beds— baths— sq ft

3234 Honeycomb Ct, Spirit Lake, IA 51360

Property at 3222 Honeycomb Ct, Spirit Lake, IA 51360

$75,000

— beds— baths— sq ft

3222 Honeycomb Ct, Spirit Lake, IA 51360

Property at 3226 Honeycomb Ct, Spirit Lake, IA 51360

$75,000

— beds— baths— sq ft

3226 Honeycomb Ct, Spirit Lake, IA 51360

Property at 3230 Honeycomb Ct, Spirit Lake, IA 51360

$75,000

— beds— baths— sq ft

3230 Honeycomb Ct, Spirit Lake, IA 51360

Property at 3238 Honeycomb Ct, Spirit Lake, IA 51360

$75,000

— beds— baths— sq ft

3238 Honeycomb Ct, Spirit Lake, IA 51360

Property at Sunner Ave/ 28th St, Spirit Lake, IA 51360

$215,000

— beds— baths— sq ft

Sunner Ave/ 28th St, Spirit Lake, IA 51360

Property at Lots 20 & 21 Walleye Dr, Spirit Lake, IA 51360

$70,000

— beds— baths— sq ft

Lots 20 & 21 Walleye Dr, Spirit Lake, IA 51360

Property at Lot 1, 4 & 5 Walleye Dr, Spirit Lake, IA 51360

$74,000

— beds— baths— sq ft

Lot 1, 4 & 5 Walleye Dr, Spirit Lake, IA 51360

Cheap Homes for Sale in Milford

There are currently 14 cheap homes for sale in Milford at a median listing price of $299K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Milford stay on the market for 69 days. This map is refreshed with the newest listings in Milford every 15 minutes.

In the past month, 6 homes have been sold in Milford. In addition to houses in Milford, there were also 2 condos, 1 townhouse, and 3 multi-family units for sale in Milford last month. Find your dream home in Milford using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Milford are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Milford. Our Milford real estate stats and trends will give you more information about home buying and selling trends in Milford. If you're looking to sell your home in the Milford area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Milford with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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Cheap homes for sale & real estate in Milford, IA

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