New Milford Housing Information - Census

IndexNew MilfordNew JerseyNational
Median home price$394,200$316,400$184,700
Median rent asked$1,259$1,213$949
Avg. people per household2.72.72.6
Owner occupied households61.8%64.1%63.6%
Renter occupied households38.2%35.9%36.4%

New Milford Housing Information - Zillow

IndexNew MilfordNew JerseyNational
Zillow home value index$397,739$313,560$213,146
Year over year appreciation rate6.20%10.64%8.00%
5 year average appreciation rate4.40%4.27%6.57%
10 year average appreciation rate-0.49%-0.86%1.33%

Did you know?

  • The median home price in New Milford is 113% higher than the national average.
  • The median rent asked in New Milford is 33% higher than the national average.
  • The average number of people per household in New Milford is 4% higher than the national average.
  • The number of owner occupied households in New Milford is 3% lower than the national average.
  • The number of renter occupied households in New Milford is 5% higher than the national average.

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Compare New Milford, NJ Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Teterboro, NJ86$0100%
Greenville CDP (Greene County), NY604$164,60011%
East Orange, NJ64,621$209,50013%
Newark, NJ280,139$222,10020%
Silver Lake, NJ4,007$224,20021%
New Milford, NJ16,682$394,200113%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Parole, MD16,679$409,500122%
Roosevelt, NY16,675$285,60055%
Tifton, GA16,691$133,70028%
Altoona, IA16,692$168,1009%
Center Point, AL16,711$100,30046%
New Milford, NJ16,682$394,200113%
Source: The New Milford, NJ housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.