In August 2017, there were eight homes sold, with a median sale price of $97,000 - a 38.6% increase over the $70,000 median sale price for the same period of the previous year. There were seven homes sold in Milford in August 2016.
The median sales tax in Milford for the most recent year with available data, 2015, was $358, approximately 0.4% of the median home sale price for August 2017.
The following table compares Milford to other Kent County cities with similar median sales prices in August 2017:
City | Aug. 2017 Home Sales | Aug. 2016 Home Sales | % change (Total Home Sales) | Aug. 2017 Median Sales Price | Aug. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Woodside East | 2 | 4 | -50% | $134,689.50 | $140,500 | -4.1% |
Harrington | 18 | 19 | -5.3% | $124,450 | $103,490 | 20.3% |
Bay View Heights | 1 | 1 | 0% | $120,000 | $120,000 | 0% |
Village at Chestnut Ridge | 3 | 2 | 50% | $120,000 | $230,300.50 | -47.9% |
Viola | 1 | 0 | - | $101,250 | $0 | - |
Milford | 8 | 7 | 14.3% | $97,000 | $70,000 | 38.6% |
Kent Acres | 4 | 2 | 100% | $92,923.50 | $116,750 | -20.4% |
Brenford | 1 | 1 | 0% | $79,900 | $260,000 | -69.3% |
Houston | 3 | 3 | 0% | $55,000 | $45,000 | 22.2% |
Capitol Park | 1 | 1 | 0% | $48,500 | $40,000 | 21.3% |
Lucky Estates | 1 | 1 | 0% | $45,000 | $265,000 | -83% |
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