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MI area data

Milford, MI

Aggregated across 2 ZIP codes in Milford.

Population: 21,219 (Census ACS)

Home values & appreciation

Median home value
$520,873
1-year appreciation
+3.5%
3-year appreciation
+12.9%
5-year appreciation
+25.0%
10-year appreciation
+72.3%
All-time peak (2026-07)
$520,873
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$504,500
Median list price
$611,220
Median days on market
23 days
Sale-to-list ratio
100.0%
Active listings
43
1-year forecast
+1.4%
Days to pending
35 days
New listings (monthly)
34

Rents

Typical rent
$2,100/mo
1BR fair-market rent
$1,345/mo
3BR fair-market rent
$2,090/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
2
Middle schools
1
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coldWave, iceStorm, strongWind, tornado, heatWave
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
49.5°F
Average high
58.5°F
Average low
40.5°F
Annual precipitation
41.7 in
Annual snowfall
33.1 in

Air quality

Air quality rating
Good
Median AQI (annual)
41
Days with Good air quality
193
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
4.3 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
River Raisin National Battlefield Park (46 mi)
Nearest airport
Oakland Southwest Airport (4 mi)
Nearest major airport
Oakland County International Airport (PTK) (11 mi)
Hospitals nearby (~15 mi)
8
Avg hospital rating
2.5 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-3,502 tax filers

Housing stock

Median year housing built
1,988
Median annual property tax
$5,190
Mean commute to work
25 min
Households with broadband internet
81.0%

Employment & development

Total county employment
680,690
Average weekly wage
$1,465
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
1,342

Area data compiled from public government, academic, and industry research feeds. Data sources →

ZIP codes in Milford

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents