Milford, MI 48381 Real Estate & Property Data

Milford, MI 48381 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 213 residential properties have been sold over the past 12 months in 48381. With a median sales price of $392,000 in 48381 and a total of 2 foreclosures in Milford, MI 48381. Discover market trends and get the granular level real estate data for Milford, MI 48381 to keep your pulse on the housing market. Curate compelling home reports for Milford, MI 48381 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Milford, MI 48381 Real Estate Market Trends
Total Residential Properties 4,877
Total Commercial Properties 261
Avg. Home Age (Single Family Home) 56 Years
Avg. Square Feet (Single Family Home) 1,925
Total 2025 Residential Sales (year-to-date) 32
% of Homes Seriously Underwater (Q2 2025) 1.71%
Total 2024 Residential Sales 191
% of Equity Rich Homes (Q2 2025) 45.92%
Effective 2024 Property Tax 1.09%
Total Foreclosure Filings (year-to-date) 2
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Milford, MI 48381 Real Estate Overview

There were 213 residential properties sold in the past year in Milford, MI 48381. The median home value in Milford, MI 48381 is $437,153. There are a total of 4,877 residential properties in the 48381.

Median Sales Price i
$392,000
(Feb 2025)
-24.6%
year-over-year
y-o-y
  • February '25 Feb '25 $392,000
  • January '25 Jan '25 $380,000
  • December '24 Dec '24 $290,000
  • November '24 Nov '24 $415,000
  • October '24 Oct '24 $330,000
  • September '24 Sep '24 $400,000
  • August '24 Aug '24 $395,000
  • July '24 Jul '24 $507,500
  • June '24 Jun '24 $450,000
  • May '24 May '24 $385,000
  • April '24 Apr '24 $335,000
  • March '24 Mar '24 $378,500
Median Down Payment i
$164,375
(Feb 2025)
+11.1%
year-over-year
y-o-y
  • February '25 Feb '25 $164,375
  • January '25 Jan '25 $68,000
  • December '24 Dec '24 $44,125
  • November '24 Nov '24 $56,300
  • October '24 Oct '24 $62,400
  • September '24 Sep '24 $66,000
  • August '24 Aug '24 $95,500
  • July '24 Jul '24 $105,000
  • June '24 Jun '24 $47,780
  • May '24 May '24 $72,200
  • April '24 Apr '24 $46,200
  • March '24 Mar '24 $68,925
Number of Homes Sold i
12
(Feb 2025)
+100%
year-over-year
y-o-y
  • February '25 Feb '25 12
  • January '25 Jan '25 20
  • December '24 Dec '24 19
  • November '24 Nov '24 10
  • October '24 Oct '24 20
  • September '24 Sep '24 16
  • August '24 Aug '24 17
  • July '24 Jul '24 23
  • June '24 Jun '24 15
  • May '24 May '24 26
  • April '24 Apr '24 15
  • March '24 Mar '24 14
Number of Purchase Loans i
11
(Feb 2025)
+22.2%
year-over-year
y-o-y
  • February '25 Feb '25 11
  • January '25 Jan '25 18
  • December '24 Dec '24 28
  • November '24 Nov '24 15
  • October '24 Oct '24 42
  • September '24 Sep '24 11
  • August '24 Aug '24 19
  • July '24 Jul '24 21
  • June '24 Jun '24 18
  • May '24 May '24 31
  • April '24 Apr '24 31
  • March '24 Mar '24 19
Number of REFI Loans i
13
(Feb 2025)
+85.7%
year-over-year
y-o-y
  • February '25 Feb '25 13
  • January '25 Jan '25 8
  • December '24 Dec '24 6
  • November '24 Nov '24 10
  • October '24 Oct '24 16
  • September '24 Sep '24 13
  • August '24 Aug '24 6
  • July '24 Jul '24 10
  • June '24 Jun '24 5
  • May '24 May '24 5
  • April '24 Apr '24 12
  • March '24 Mar '24 4
Number of HELOC Loans i
6
(Feb 2025)
+100%
year-over-year
y-o-y
  • February '25 Feb '25 6
  • January '25 Jan '25 9
  • December '24 Dec '24 6
  • November '24 Nov '24 6
  • October '24 Oct '24 10
  • September '24 Sep '24 5
  • August '24 Aug '24 5
  • July '24 Jul '24 14
  • June '24 Jun '24 7
  • May '24 May '24 12
  • April '24 Apr '24 9
  • March '24 Mar '24 5

Milford, MI 48381 Foreclosure Activity

There were a total of 2 Milford, MI 48381 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
2
(Feb 2025)
  • February '25 Feb '25 2
  • January '25 Jan '25 N/A
  • December '24 Dec '24 2
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 1
  • August '24 Aug '24 1
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 1
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
Foreclosure Starts i
2
(Feb 2025)
  • February '25 Feb '25 2
  • January '25 Jan '25 N/A
  • December '24 Dec '24 2
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 1
  • August '24 Aug '24 1
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 1
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
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