06461 Home Values & Market Trends
There are 196 homes currently listed for 06461. 06461 real estate market trends show that home prices range from $189,900 to $1,848,000, and the median sales price in the 06461 zip code is $577,727. The total number of properties sold within the past twelve months is 238. In 06461, 4 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.
06461 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Milford | $ 570,536 $ 370/sqft |
Housing Market Summary for 06461
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $525K | $605K | 15.24% |
| Median Sold Price | $437.7K | $439.9K | 0.50% |
| Homes For Sale | 114 | 192 | 68.42% |
| Homes Sold | 56 | 60 | 7.14% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 06461
Browse Homes in 06461
The median list price of a home in Milford, is $577,727. A total of 196 properties are for sale, and the percentage of properties for sale in the zip code is 196.00%. The total count of 06461 properties is 265.
- Pre-ForeclosurePre-foreclosure homes account for 1.13% of all residential properties in 06461 with milford containing 11 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 06461; of that cities, the estimated home value for pre-foreclosure homes ranges from $983,670 in milford to the lowest home value of $231,823 in milford.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 06461 ranges from the highest value of $660,000 in milford to the lowest value of $591,900 in milford. Bank owned homes and properties account for 0.38% of properties in 06461. There is 1 cities within 06461; milford containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 06461. Auction homes and other auction properties account for 0% of all properties in 06461. There is 1 cities within 06461; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for 06461
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
