New Milford, NJ Real Estate & Property Data

New Milford Real Estate Market Trends
Last Updated: April 25, 2024

Accurate and comprehensive real estate data is critical for insight into New Milford, NJ. ATTOM’s New Milford real estate data is updated daily, and current market trends show that in New Milford, NJ a total of 121 residential properties have sold over the past year. With a median home price of $600,000 in New Milford and a total of 1 foreclosures. Get detailed property data for New Milford, NJ instantly. ATTOM is your one-stop-shop for the New Milford property reports and real estate data you need in New Milford, NJ.

New Milford Real Estate Market Trends
Total Residential Properties 4,116
Total Commercial Properties 77
Avg. Home Age (Single Family Home) 73 Years
Avg. Square Feet (Single Family Home) 1,814
Total 2024 Residential Sales (year-to-date) 12
% of Homes Seriously Underwater (Q2 2024) 0.56%
Total 2023 Residential Sales 124
% of Equity Rich Homes (Q2 2024) 48.75%
Effective 2023 Property Tax 1.96%
Total Foreclosure Filings (year-to-date) 2
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New Milford, NJ Real Estate Overview

There were 121 residential properties sold in the past year in New Milford, NJ. The median home value in New Milford, NJ is $595,500. There are a total of 4,116 residential properties in the New Milford.

Median Sales Price i
$600,000
(Feb 2024)
-7.7%
year-over-year
y-o-y
  • February '24 Feb '24 $600,000
  • January '24 Jan '24 $586,000
  • December '23 Dec '23 $1,081,500
  • November '23 Nov '23 $525,000
  • October '23 Oct '23 $503,000
  • September '23 Sep '23 $597,500
  • August '23 Aug '23 $700,500
  • July '23 Jul '23 $655,000
  • June '23 Jun '23 $587,450
  • May '23 May '23 $645,000
  • April '23 Apr '23 $590,000
  • March '23 Mar '23 $542,000
Median Down Payment i
$82,600
(Feb 2024)
-22.4%
year-over-year
y-o-y
  • February '24 Feb '24 $82,600
  • January '24 Jan '24 $215,875
  • December '23 Dec '23 $382,000
  • November '23 Nov '23 $150,000
  • October '23 Oct '23 $119,800
  • September '23 Sep '23 $96,000
  • August '23 Aug '23 $169,500
  • July '23 Jul '23 $104,000
  • June '23 Jun '23 $106,937
  • May '23 May '23 $113,750
  • April '23 Apr '23 $146,250
  • March '23 Mar '23 $80,250
Number of Homes Sold i
3
(Feb 2024)
-57.1%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 9
  • December '23 Dec '23 7
  • November '23 Nov '23 10
  • October '23 Oct '23 8
  • September '23 Sep '23 17
  • August '23 Aug '23 13
  • July '23 Jul '23 6
  • June '23 Jun '23 12
  • May '23 May '23 10
  • April '23 Apr '23 8
  • March '23 Mar '23 11
Number of Purchase Loans i
2
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 6
  • December '23 Dec '23 6
  • November '23 Nov '23 10
  • October '23 Oct '23 5
  • September '23 Sep '23 13
  • August '23 Aug '23 13
  • July '23 Jul '23 6
  • June '23 Jun '23 11
  • May '23 May '23 12
  • April '23 Apr '23 9
  • March '23 Mar '23 10
Number of REFI Loans i
5
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 5
  • December '23 Dec '23 6
  • November '23 Nov '23 5
  • October '23 Oct '23 10
  • September '23 Sep '23 6
  • August '23 Aug '23 9
  • July '23 Jul '23 5
  • June '23 Jun '23 7
  • May '23 May '23 6
  • April '23 Apr '23 5
  • March '23 Mar '23 6
Number of HELOC Loans i
6
(Feb 2024)
-14.3%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 3
  • December '23 Dec '23 9
  • November '23 Nov '23 2
  • October '23 Oct '23 3
  • September '23 Sep '23 7
  • August '23 Aug '23 2
  • July '23 Jul '23 1
  • June '23 Jun '23 9
  • May '23 May '23 7
  • April '23 Apr '23 7
  • March '23 Mar '23 10

New Milford, NJ Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

New Milford, NJ Foreclosure Activity

There were a total of 1 New Milford, NJ properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 2
  • September '23 Sep '23 2
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 3
  • May '23 May '23 3
  • April '23 Apr '23 3
  • March '23 Mar '23 1
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 2
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 3
  • April '23 Apr '23 3
  • March '23 Mar '23 1
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