New Milford, CT Home Values & Market Trends
Real estate market trends reflect that there have been 368 transactions over the past year in New Milford. The median value for residential home transactions that occurred over the previous year is $539,437. The number of current listings in New Milford is 392, and the percentage of properties for sale in the city is 392.00%. New Milford, CT currently has 3 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 392 properties for sale.
New Milford, CT Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 06776 | $ 539,437 $ 292/sqft |
Housing Market Summary for New Milford, CT
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $525K | $549K | 4.57% |
| Median Sold Price | $404.1K | $369.7K | -8.51% |
| Homes For Sale | 265 | 389 | 46.79% |
| Homes Sold | 104 | 78 | -25.00% |
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 New Milford, CT
Browse Homes in New Milford, CT
New Milford home values range from $75,756 to $3,572,917. The median estimated value of a home in New Milford is $539,437. The median list price of a home is 549,900, and the total count of properties in the city is 478.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in New Milford, CT with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within New Milford, CT; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Milford, CT ranges from the highest value of $235,008 in 06776 to the lowest value of $235,008 in 06776. Bank owned homes and properties account for 0.21% of properties in New Milford, CT. There is 1 zips within New Milford, CT; 06776 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions06776 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of New Milford, CT. Auction homes and other auction properties account for 0.42% of all properties in New Milford, CT. There is 1 zips within New Milford, CT; of that zips, the median estimated home value for homes going to auction ranges from $593,872 in 06776 to the lowest value of $517,438 in 06776.
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Guide for New Milford, CT
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.
