House Prices

House Prices & Home Values South Milford, IN 2026


Average Data

average house price$254,679
average size per house2069 ft²
average price per ft²124 $ / ft²

05/19/2026 - The value range (VR) for house prices in South Milford, IN is $93/ sqft to $93/ sqft. An average home with 2069 sqft costs approximately $192,417 to $192,417. South Milford, IN includes 1 ZIP codes and it is located in LaGrange county. The lowest prices are found in ZIP 46786, while the highest are in ZIP 46786. The average price per sqare feet is $124. Our analysis is based on 41 property listings.

Avergage prices by ZIP codes South Milford

4678689 $ / ft²




Historical development of home values in South Milford

Year Estimated value (USD) Change vs. 2025
2010 $118,278 -53.6%
2011 $113,704 -55.4%
2012 $113,398 -55.5%
2013 $117,636 -53.8%
2014 $123,485 -51.5%
2015 $129,823 -49.0%
2016 $136,598 -46.4%
2017 $143,971 -43.5%
2018 $151,931 -40.3%
2019 $158,975 -37.6%
2020 $167,194 -34.4%
2021 $190,165 -25.3%
2022 $221,689 -13.0%
2023 $233,782 -8.2%
2024 $247,306 -2.9%
2025 $254,679 0.0%

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



Example: 100% financing house in South Milford

Loan amount: $254,679

Interest rate: 6.00%

Fixed monthly payment: $1,526.93

Breakdown in the 1st month:
Interest portion: $1,273.40  –  Principal portion: $253.53

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $15,195.66 $3,127.49 $251,551.51
2 $15,002.77 $3,320.38 $248,231.13
3 $14,797.97 $3,525.18 $244,705.95
4 $14,580.55 $3,742.60 $240,963.34
5 $14,349.71 $3,973.44 $236,989.91
6 $14,104.64 $4,218.51 $232,771.39
7 $13,844.45 $4,478.70 $228,292.69
8 $13,568.21 $4,754.94 $223,537.75
9 $13,274.94 $5,048.21 $218,489.54
10 $12,963.58 $5,359.57 $213,129.97
11 $12,633.01 $5,690.14 $207,439.83
12 $12,282.05 $6,041.10 $201,398.73
13 $11,909.45 $6,413.70 $194,985.03
14 $11,513.87 $6,809.28 $188,175.75
15 $11,093.89 $7,229.26 $180,946.49
16 $10,648.00 $7,675.15 $173,271.34
17 $10,174.62 $8,148.53 $165,122.80
18 $9,672.03 $8,651.12 $156,471.69
19 $9,138.45 $9,184.70 $147,286.99
20 $8,571.96 $9,751.19 $137,535.79
21 $7,970.53 $10,352.62 $127,183.17
22 $7,332.00 $10,991.15 $116,192.02
23 $6,654.09 $11,669.06 $104,522.95
24 $5,934.37 $12,388.78 $92,134.17
25 $5,170.25 $13,152.90 $78,981.27
26 $4,359.01 $13,964.14 $65,017.13
27 $3,497.73 $14,825.42 $50,191.72
28 $2,583.34 $15,739.82 $34,451.90
29 $1,612.54 $16,710.61 $17,741.29
30 $581.86 $17,741.29 $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 South Milford, IN


1500 sqft3900 sqft
Ø selling price$225,061$478,765
Ø fast selling$204,601$430,888
Ø high price sale$245,521$526,641

In 2026, houses in South Milford, IN will be offered at an average price of $124 per square foot. A 1,500 sqft home priced at $225,061 is 21.87% more expensive per square foot than a 3,900 sqft home priced at $478,765. Home prices in South Milford, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $331,452. Sellers who can wait longer may achieve a higher price of up to $405,109.


South Milford, Indiana Overview

Located in northeastern Indiana, South Milford, IN is a small unincorporated community rooted in the rural heritage of LaGrange County. Its quiet country roads, open farmland, and nearby lakes create a classic Midwest setting that appeals to residents and visitors seeking a slower pace. With 19th?century origins in Milford Township, the community reflects a longstanding tradition of agriculture and small-town enterprise.

Community and Lifestyle

Life in South Milford, Indiana centers on local businesses, churches, and seasonal events that bring neighbors together.
Families are served by area schools and services based in surrounding LaGrange County towns, with larger shopping and healthcare options a short drive away.

Outdoors and Nearby Attractions

Outdoor enthusiasts enjoy access to northeastern Indiana?s lake country, with fishing, boating, and birding opportunities at public lakes and conservation areas nearby. Popular regional day trips and things to do include the markets of Shipshewana, the museums of Angola, and entertainment in Kendallville. Cyclists and motorists appreciate scenic byways that wind past Amish farms, historic barns, and rolling fields.

Housing, Services, and Access

Housing and real estate in and around South Milford range from classic farmhouses to modern builds on acreage, supporting a mix of homesteaders, commuters, and retirees. Convenient regional access, small-community character, and abundant outdoor recreation make South Milford a compelling place to live, visit, or invest in northern Indiana.



FAQ – Home Values in South Milford

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

In 2026, the typical home value in South Milford is about $254,679 for an average home size of 2069 square feet. This corresponds to an average price of roughly $124 per square foot.

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

In 2026, homes in South Milford sell for an average of around $124 per square foot, with a typical range between $93 and $93 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 South Milford is about 2069 square feet, with an estimated 2026 value around $254,679.



Locations close to South Milford, IN

South Whitley, IN87 $ / ft²
Spencerville, IN70 $ / ft²
Uniondale, IN55 $ / ft²
Saint Joe, IN118 $ / ft²
Rome City, IN214 $ / ft²
Roanoke, IN119 $ / ft²




  imprint  Privacy