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Milford, ME
Full City Profile · Maine · Hancock County County
3.1
/5.0
B
Good
2,312
Population
692/sq mi density
$63,864
Median Income
$32,557 per capita
$177,400
Home Value
$212,369 Zillow
$964
Median Rent
23.7% income on rent
43°F
Avg Temperature
251 sunny days/yr
37
Violent Crime/100K
1,199 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$63,864 median income, 1.6% unemployment
A+
Affordability
5.0 / 5.0
$177,400 home value, $964/mo rent
F
Safety
1.0 / 5.0
37 violent crimes/100K
D
Education
2.0 / 5.0
12.4% bachelor's degree or higher
Housing Overview
Median Home Value
$177,400
37% below
US avg: $281,900
Median Rent
$964/mo
17% below
US avg: $1,163/mo
Homeownership Rate
85.6%
31% above US avg (65.4%)
Total Housing Units
1,068
Median year built: 1984
Home Value by Source
Census Median
$177,400
Zillow (ZHVI)
$212,369
Median Sale Price
$250,000
Median List Price
$309,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.6%
Owner-Occupied
14.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,108/mo
1 Bedroom
$1,186/mo
2 Bedroom
$1,497/mo
3 Bedroom
$1,951/mo
4 Bedroom
$2,190/mo
Census median rent:
$964/mo
Market Indicators (Redfin)
Median Days on Market
59 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
66.7%
of listings with price reduction
Price Per Sq Ft
$171
Active Inventory
3
homes for sale
Affordability & Housing Stock
Rent Burden
23.7%
of renters spending 30%+ of income on housing
24% below US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
85.6%
Complete Housing Data
Home Values
| Census Median Value | $177,400 |
| Zillow Home Value (ZHVI) | $212,369 |
| Median Sale Price | $250,000 |
| Median List Price | $309,450 |
| Price Per Sq Ft | $171 |
Rent
| Census Median Rent | $964 |
| FMR Studio | $1,108 |
| FMR 1-Bedroom | $1,186 |
| FMR 2-Bedroom | $1,497 |
| FMR 3-Bedroom | $1,951 |
| FMR 4-Bedroom | $2,190 |
Market
| Days on Market | 59 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 66.7% |
| Homes Sold | 2 |
| Active Inventory | 3 |
| Price Per Sq Ft | $171 |
Ownership & Stock
| Owner-Occupied | 85.6% |
| Renter-Occupied | 14.4% |
| Homeownership Rate | 85.6% |
| Total Housing Units | 1,068 |
| Median Year Built | 1984 |
| Rent Burden | 23.7% |