House Prices

House Prices & Home Values Milford, IA 2026


Average Data

average house price$307,475
average size per house2173 ft²
average price per ft²142 $ / ft²

05/24/2026 - The value range (VR) for house prices in Milford, IA is $142/ sqft to $142/ sqft. An average home with 2173 sqft costs approximately $308,566 to $308,566. Milford, IA includes 1 ZIP codes and it is located in Dickinson county. The lowest prices are found in ZIP 51351, while the highest are in ZIP 51351. The average price per sqare feet is $142. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Milford

51351133 $ / ft²




Historical development of home values in Milford

Year Estimated value (USD) Change vs. 2025
2010 $142,797 -53.6%
2011 $137,275 -55.4%
2012 $136,905 -55.5%
2013 $142,023 -53.8%
2014 $149,085 -51.5%
2015 $156,736 -49.0%
2016 $164,916 -46.4%
2017 $173,817 -43.5%
2018 $183,426 -40.3%
2019 $191,932 -37.6%
2020 $201,853 -34.4%
2021 $229,587 -25.3%
2022 $267,646 -13.0%
2023 $282,246 -8.2%
2024 $298,574 -2.9%
2025 $307,475 0.0%

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



Example: 100% financing house in Milford

Loan amount: $307,475

Interest rate: 6.00%

Fixed monthly payment: $1,843.47

Breakdown in the 1st month:
Interest portion: $1,537.38  –  Principal portion: $306.09

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $18,345.79 $3,775.83 $303,699.17
2 $18,112.90 $4,008.71 $299,690.46
3 $17,865.65 $4,255.96 $295,434.49
4 $17,603.15 $4,518.46 $290,916.03
5 $17,324.47 $4,797.15 $286,118.88
6 $17,028.59 $5,093.03 $281,025.86
7 $16,714.46 $5,407.15 $275,618.70
8 $16,380.96 $5,740.66 $269,878.05
9 $16,026.89 $6,094.73 $263,783.32
10 $15,650.98 $6,470.64 $257,312.68
11 $15,251.88 $6,869.73 $250,442.95
12 $14,828.17 $7,293.44 $243,149.51
13 $14,378.33 $7,743.28 $235,406.23
14 $13,900.74 $8,220.87 $227,185.35
15 $13,393.70 $8,727.92 $218,457.43
16 $12,855.38 $9,266.24 $209,191.20
17 $12,283.86 $9,837.76 $199,353.44
18 $11,677.09 $10,444.53 $188,908.91
19 $11,032.89 $11,088.73 $177,820.18
20 $10,348.96 $11,772.65 $166,047.53
21 $9,622.85 $12,498.77 $153,548.76
22 $8,851.95 $13,269.66 $140,279.10
23 $8,033.51 $14,088.11 $126,190.99
24 $7,164.59 $14,957.03 $111,233.96
25 $6,242.07 $15,879.55 $95,354.41
26 $5,262.65 $16,858.96 $78,495.45
27 $4,222.83 $17,898.79 $60,596.67
28 $3,118.87 $19,002.74 $41,593.92
29 $1,946.82 $20,174.79 $21,419.13
30 $702.49 $21,419.13 $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 Milford, IA


1500 sqft3900 sqft
Ø selling price$257,731$548,262
Ø fast selling$234,301$493,436
Ø high price sale$281,160$603,089

In 2026, houses in Milford, IA will be offered at an average price of $142 per square foot. A 1,500 sqft home priced at $257,731 is 21.39% more expensive per square foot than a 3,900 sqft home priced at $548,262. Home prices in Milford, IA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $379,567. Sellers who can wait longer may achieve a higher price of up to $463,915.


Milford, IA Travel and Living Guide

Located in Dickinson County, Milford, IA is known as the gateway to the Iowa Great Lakes region.
This welcoming northwest Iowa community blends small-town charm with quick access to outdoor adventures and local amenities.

Outdoor Recreation

From boating and fishing on nearby West Okoboji Lake to scenic rides on the Dickinson County Trails, outdoor recreation is a year-round highlight.
Golf courses, public parks, and beaches, plus the attractions of nearby Arnolds Park, make Milford a convenient base for family fun.

Community and Economy

Milford, Iowa supports a diverse local economy with agriculture, light manufacturing, hospitality, and service businesses along Okoboji Avenue and beyond.
The community-focused vibe shines through quality schools in the Okoboji Community School District, active civic groups, and friendly neighborhood services.

Attractions and Events

Year-round calendars feature farmers markets, live music, and regional favorites like the University of Okoboji Winter Games just minutes away.
Local dining, boutique shopping, and craft beverages give visitors and residents many things to do after a day on the water.

Real Estate and Living

Housing options near Milford range from lake-area retreats to affordable family homes, with strong rental and vacation property demand in peak seasons.
With easy access via U.S. Highway 71, a safe, welcoming atmosphere, and abundant recreation, Milford, IA is a smart place to visit, live, and invest.



FAQ – Home Values in Milford

What is the median home value in Milford in 2026?

In 2026, the typical home value in Milford is about $307,475 for an average home size of 2173 square feet. This corresponds to an average price of roughly $142 per square foot.

What is the average cost per square foot in Milford?

In 2026, homes in Milford sell for an average of around $142 per square foot, with a typical range between $142 and $142 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 Milford is about 2173 square feet, with an estimated 2026 value around $307,475.



Locations close to Milford, IA

Ocheyedan, IA80 $ / ft²
Okoboji, IA440 $ / ft²
Royal, IA61 $ / ft²
Melvin, IA68 $ / ft²
Lake Park, IA85 $ / ft²
Rock Valley, IA136 $ / ft²
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