08848 Home Values & Market Trends
There are 106 homes currently listed for 08848. 08848 real estate market trends show that home prices range from $249,900 to $1,350,000, and the median sales price in the 08848 zip code is $531,843. The total number of properties sold within the past twelve months is 100. In 08848, 34 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.
08848 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Milford | $ 531,843 $ 287/sqft |
Housing Market Summary for 08848
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $587K | $549.9K | -6.32% |
| Median Sold Price | $469.1K | $442.3K | -5.71% |
| Homes For Sale | 46 | 106 | 130.43% |
| Homes Sold | 49 | 27 | -44.90% |
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 08848
Browse Homes in 08848
The median list price of a home in Milford, is $531,843. A total of 106 properties are for sale, and the percentage of properties for sale in the zip code is 106.00%. The total count of 08848 properties is 201.
- Pre-ForeclosurePre-foreclosure homes account for 16.42% of all residential properties in 08848 with milford containing 33 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 08848; of that cities, the estimated home value for pre-foreclosure homes ranges from $848,317 in milford to the lowest home value of $249,900 in milford.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 08848 ranges from the highest value of $382,500 in milford to the lowest value of $382,500 in milford. Bank owned homes and properties account for 0.50% of properties in 08848. There is 1 cities within 08848; milford containing 1 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 08848. Auction homes and other auction properties account for 0% of all properties in 08848. There is 1 cities within 08848; 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 08848
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.
