House Prices

House Prices & Home Values New Milford, CT 2026


Average Data

average house price$630,173
average size per house1924 ft²
average price per ft²328 $ / ft²

06/26/2026 - The value range (VR) for house prices in New Milford, CT is $476/ sqft to $476/ sqft. An average home with 1924 sqft costs approximately $915,824 to $915,824. New Milford, CT includes 1 ZIP codes and it is located in Litchfield county. The lowest prices are found in ZIP 06776, while the highest are in ZIP 06776. The average price per sqare feet is $328. Our analysis is based on 341 property listings.

Avergage prices by ZIP codes New Milford

06776453 $ / ft²


House prices by neighborhoods in New Milford

Aqua Vista491 $ / ft²
Aspetuck Ridge429 $ / ft²
Birch Groves515 $ / ft²
Boardman490 $ / ft²
Bucks Rock505 $ / ft²
Candlewood Lake Club468 $ / ft²
Candlewood Point458 $ / ft²
Candlewood Springs512 $ / ft²
Candlewood Terrace510 $ / ft²
Carmen Hill445 $ / ft²
Chestnut Land432 $ / ft²
Clatter Valley445 $ / ft²
Downtown New Milford507 $ / ft²
Ferris Estates450 $ / ft²
Fort Hill457 $ / ft²
Lanesville516 $ / ft²
Long Mountain486 $ / ft²
Lower Merryall434 $ / ft²
Merryall432 $ / ft²
Northville469 $ / ft²
Park Lane442 $ / ft²
Pickett District504 $ / ft²
Rocky River469 $ / ft²
Second Hill522 $ / ft²
Segar Mountain486 $ / ft²
South New Milford484 $ / ft²
Sunny Valley465 $ / ft²
Town Hill496 $ / ft²
Turkey Plain486 $ / ft²
Upper Merryall506 $ / ft²




Historical development of home values in New Milford

Year Estimated value (USD) Change vs. 2025
2010 $292,664 -53.6%
2011 $281,346 -55.4%
2012 $280,589 -55.5%
2013 $291,077 -53.8%
2014 $305,550 -51.5%
2015 $321,232 -49.0%
2016 $337,996 -46.4%
2017 $356,239 -43.5%
2018 $375,934 -40.3%
2019 $393,366 -37.6%
2020 $413,701 -34.4%
2021 $470,540 -25.3%
2022 $548,544 -13.0%
2023 $578,465 -8.2%
2024 $611,930 -2.9%
2025 $630,173 0.0%

Graph: estimated home values in New Milford over time (USD)



Example: 100% financing house in New Milford

Loan amount: $630,173

Interest rate: 6.00%

Fixed monthly payment: $3,778.21

Breakdown in the 1st month:
Interest portion: $3,150.87  –  Principal portion: $627.34

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $37,599.87 $7,738.60 $622,434.40
2 $37,122.57 $8,215.90 $614,218.50
3 $36,615.83 $8,722.64 $605,495.87
4 $36,077.84 $9,260.63 $596,235.24
5 $35,506.66 $9,831.81 $586,403.43
6 $34,900.26 $10,438.21 $575,965.22
7 $34,256.45 $11,082.02 $564,883.21
8 $33,572.94 $11,765.53 $553,117.68
9 $32,847.26 $12,491.20 $540,626.48
10 $32,076.83 $13,261.63 $527,364.84
11 $31,258.89 $14,079.58 $513,285.26
12 $30,390.49 $14,947.98 $498,337.29
13 $29,468.53 $15,869.94 $482,467.35
14 $28,489.71 $16,848.76 $465,618.59
15 $27,450.51 $17,887.95 $447,730.63
16 $26,347.22 $18,991.24 $428,739.39
17 $25,175.88 $20,162.58 $408,576.81
18 $23,932.30 $21,406.17 $387,170.64
19 $22,612.01 $22,726.45 $364,444.19
20 $21,210.30 $24,128.17 $340,316.02
21 $19,722.12 $25,616.34 $314,699.68
22 $18,142.16 $27,196.30 $287,503.37
23 $16,464.76 $28,873.71 $258,629.66
24 $14,683.89 $30,654.58 $227,975.09
25 $12,793.18 $32,545.29 $195,429.80
26 $10,785.86 $34,552.61 $160,877.19
27 $8,654.73 $36,683.74 $124,193.46
28 $6,392.16 $38,946.31 $85,247.15
29 $3,990.03 $41,348.43 $43,898.71
30 $1,439.75 $43,898.71 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in New Milford, CT


1500 sqft3900 sqft
Ø selling price$595,320$1,266,408
Ø fast selling$541,200$1,139,768
Ø high price sale$649,440$1,393,049

In 2026, houses in New Milford, CT will be offered at an average price of $328 per square foot. A 1,500 sqft home priced at $595,320 is 21.85% more expensive per square foot than a 3,900 sqft home priced at $1,266,408. Home prices in New Milford, CT vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $876,745. Sellers who can wait longer may achieve a higher price of up to $1,071,577.


Discover New Milford, CT

Located along the Housatonic River in Litchfield County, New Milford, CT blends small-town charm with scenic New England beauty.

Top Attractions and Outdoor Recreation

Visitors love the walkable New Milford Town Green, historic Boardman Bridge, and the famous Elephant?s Trunk Flea Market.
Outdoor enthusiasts can kayak on the Housatonic, hike Lovers Leap State Park, and enjoy lake life on nearby Candlewood Lake.

Real Estate and Lifestyle

For homebuyers, real estate in New Milford, CT ranges from antique colonials near downtown to wooded-acreage retreats with mountain views.
Downtown offers farm-to-table dining, cozy cafes, and local breweries, plus galleries and the New Milford Historical Society & Museum.

Schools, Healthcare, and Economy

Families appreciate New Milford Public Schools and access to care at New Milford Hospital, part of Nuvance Health.
The economy features small businesses, healthcare, light manufacturing, and creative services that fuel a resilient local job market.

Getting Here and Events

Commuters reach Greater Danbury and NYC via Route 7 to I-84, with regional rail connections in Danbury and Brewster, NY.
Seasonal events like Village Fair Days and the weekend farmers? market create a lively community calendar and draw visitors year-round.
Whether you?re planning a weekend getaway or a move, explore the many things to do in New Milford, CT for a quintessential Connecticut experience.



FAQ – Home Values in New Milford

What is the median home value in New Milford in 2026?

In 2026, the typical home value in New Milford is about $630,173 for an average home size of 1924 square feet. This corresponds to an average price of roughly $328 per square foot.

What is the average cost per square foot in New Milford?

In 2026, homes in New Milford sell for an average of around $328 per square foot, with a typical range between $476 and $476 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in New Milford is about 1924 square feet, with an estimated 2026 value around $630,173.



Locations close to New Milford, CT

New Preston Marble Dale, CT160 $ / ft²
Northfield, CT117 $ / ft²
Oakville, CT154 $ / ft²
Naugatuck, CT150 $ / ft²
Morris, CT339 $ / ft²
Middlebury, CT215 $ / ft²
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