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MILFORD, CT 06461

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The MILFORD, CT real estate market (06461) currently shows 32 active listings, with 20 pending sales. Homes are averaging 88 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 88 days on market compared to 28 days last year.

The median listing price has fallen 26.5% year-over-year, from $637,425 to $468,650.

Whether you are buying or selling in MILFORD, CT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 15,075  ·  Density: 598.5/mi²  ·  Median household income: $121,185

Typical home value: $376,329  ·  Homeownership: 90.6%

Market Overview

Active Listings
32
⇩ 8.6% vs 35 last year
Pending
20
63% pending ratio
Median Price
$468,650
⇩ 26.5% vs $637,425 last year
Average Price
$519,416
⇩ 22.6% vs $671,366 last year
Days on Market
88
⇧ 214.3% vs 28 days last year

Price Per Square Foot

Median $/sqft
$296
⇩ 3.9% vs $308/sqft last year
Median Home Size
1,546 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 32 this year vs 35 last year
  • Days on market: 88 now vs 28 last year

Median & Average Pricing

Year over Year
  • Median: $468,650 (-26.5% YoY)
  • Average: $519,416 (-22.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.9 miles — 587 listings ($275,064,809 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
06461Milford, CT 064610.0 mi42$21,231,126$489,900$505,503
06614Stratford, CT 066142.8 mi87$47,790,405$479,999$549,315
06610Bridgeport, CT 066105.5 mi35$7,825,580$247,450$223,588
06615Stratford, CT 066155.7 mi43$19,188,621$360,000$446,247
06516West Haven, CT 065166.1 mi83$29,730,600$377,500$358,200
06608Bridgeport, CT 066086.6 mi6$1,660,560$274,900$276,760
06606Bridgeport, CT 066067.2 mi90$35,579,700$399,000$395,330
06604Bridgeport, CT 066047.8 mi30$8,290,410$225,000$276,347
06515New Haven, CT 065158.2 mi16$8,199,600$415,000$512,475
06510New Haven, CT 065109.0 mi5$2,705,000$469,000$541,000
06825Fairfield, CT 068259.2 mi35$29,095,815$729,000$831,309
06483Seymour, CT 064839.8 mi37$20,322,250$450,000$549,250
06512East Haven, CT 0651210.9 mi78$43,445,142$449,950$556,989

Frequently Asked Questions

How many homes are for sale in MILFORD, CT 06461?

As of February 2026, there are 32 active listings in MILFORD, CT (zip code 06461), compared to 35 the prior year.

What is the median home price in MILFORD, CT 06461?

The median listing price in MILFORD, CT 06461 is $468,650 as of February 2026, a 26.5% decrease from $637,425 the prior year.

How long do homes stay on the market in MILFORD, CT?

Homes in MILFORD, CT 06461 spend an average of 88 days on the market before going under contract, compared to 28 days the prior year.

Is it a seller's or buyer's market in MILFORD, CT 06461?

Based on current inventory and days-on-market data as of February 2026, MILFORD, CT 06461 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 88 days on market compared to 28 days last year.

How much can I save on real estate commission in MILFORD, CT?

With SELL123.com's maximum 3% commission, sellers in MILFORD, CT 06461 save an estimated $9,373 compared to a typical 5% commission on the median listing price of $468,650. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.