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Milford, MA

Full City Profile · Massachusetts · Norfolk County County

3.3 /5.0
B Good
27,919 Population 2,751/sq mi density
$88,992 Median Income $43,116 per capita
$429,800 Home Value $545,707 Zillow
$1,702 Median Rent 31.1% income on rent
48°F Avg Temperature 246 sunny days/yr
165 Violent Crime/100K 589 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$88,992 median income, 3.4% unemployment
B+
Affordability
4.0 / 5.0
$429,800 home value, $1,702/mo rent
F
Safety
1.0 / 5.0
165 violent crimes/100K
B+
Education
3.5 / 5.0
31.6% bachelor's degree or higher

Housing Overview

Median Home Value
$429,800
52% above
US avg: $281,900
Median Rent
$1,702/mo
46% above
US avg: $1,163/mo
Homeownership Rate
65.3%
0% below US avg (65.4%)
Total Housing Units
10,942
Median year built: 1968

Home Value by Source

Census Median
$429,800
Zillow (ZHVI)
$545,707
Median Sale Price
$510,000
Median List Price
$439,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.3%
Owner-Occupied
34.7%
Renter-Occupied
65%
35%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent: $1,702/mo · Zillow rent: $2,429/mo

Market Indicators (Redfin)

Median Days on Market
25 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$216
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
31.1%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
65.3%

Complete Housing Data

Home Values

Census Median Value$429,800
Zillow Home Value (ZHVI)$545,707
Median Sale Price$510,000
Median List Price$439,000
Price Per Sq Ft$216

Rent

Census Median Rent$1,702
Zillow Rent (ZORI)$2,429
FMR Studio$1,727
FMR 1-Bedroom$1,822
FMR 2-Bedroom$2,300
FMR 3-Bedroom$2,858
FMR 4-Bedroom$3,232

Market

Days on Market25
Sale-to-List Ratio1.0%
Price Drops50.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$216

Ownership & Stock

Owner-Occupied65.3%
Renter-Occupied34.7%
Homeownership Rate65.3%
Total Housing Units10,942
Median Year Built1968
Rent Burden31.1%