House Prices

House Prices & Home Values Milford, ME 2026


Average Data

average house price$118,950
average size per house1613 ft²
average price per ft²74 $ / ft²

04/04/2026 - The value range (VR) for house prices in Milford, ME is $117/ sqft to $117/ sqft. An average home with 1613 sqft costs approximately $188,721 to $188,721. Milford, ME includes 1 ZIP codes and it is located in Penobscot county. The lowest prices are found in ZIP 04461, while the highest are in ZIP 04461. The average price per sqare feet is $74. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Milford

04461128 $ / ft²


House prices by neighborhoods in Milford

Costigan113 $ / ft²




Historical development of home values in Milford

Year Estimated value (USD) Change vs. 2025
2010 $55,243 -53.6%
2011 $53,106 -55.4%
2012 $52,963 -55.5%
2013 $54,943 -53.8%
2014 $57,675 -51.5%
2015 $60,635 -49.0%
2016 $63,799 -46.4%
2017 $67,243 -43.5%
2018 $70,960 -40.3%
2019 $74,251 -37.6%
2020 $78,089 -34.4%
2021 $88,818 -25.3%
2022 $103,542 -13.0%
2023 $109,190 -8.2%
2024 $115,506 -2.9%
2025 $118,950 0.0%

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



Example: 100% financing house in Milford

Loan amount: $118,950

Interest rate: 6.00%

Fixed monthly payment: $713.17

Breakdown in the 1st month:
Interest portion: $594.75  –  Principal portion: $118.42

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $7,097.26 $1,460.72 $117,489.28
2 $7,007.17 $1,550.81 $115,938.47
3 $6,911.52 $1,646.46 $114,292.00
4 $6,809.97 $1,748.02 $112,543.99
5 $6,702.16 $1,855.83 $110,688.16
6 $6,587.69 $1,970.29 $108,717.87
7 $6,466.17 $2,091.82 $106,626.05
8 $6,337.15 $2,220.83 $104,405.22
9 $6,200.17 $2,357.81 $102,047.40
10 $6,054.75 $2,503.24 $99,544.17
11 $5,900.36 $2,657.63 $96,886.54
12 $5,736.44 $2,821.55 $94,064.99
13 $5,562.41 $2,995.57 $91,069.42
14 $5,377.65 $3,180.33 $87,889.09
15 $5,181.50 $3,376.49 $84,512.60
16 $4,973.24 $3,584.74 $80,927.86
17 $4,752.14 $3,805.84 $77,122.01
18 $4,517.41 $4,040.58 $73,081.44
19 $4,268.19 $4,289.79 $68,791.64
20 $4,003.61 $4,554.38 $64,237.27
21 $3,722.70 $4,835.28 $59,401.98
22 $3,424.47 $5,133.51 $54,268.47
23 $3,107.85 $5,450.13 $48,818.34
24 $2,771.70 $5,786.29 $43,032.05
25 $2,414.81 $6,143.17 $36,888.88
26 $2,035.91 $6,522.07 $30,366.81
27 $1,633.65 $6,924.34 $23,442.47
28 $1,206.57 $7,351.42 $16,091.05
29 $753.15 $7,804.83 $8,286.22
30 $271.76 $8,286.22 $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, ME


1500 sqft3900 sqft
Ø selling price$134,311$285,714
Ø fast selling$122,101$257,143
Ø high price sale$146,520$314,286

In 2026, houses in Milford, ME will be offered at an average price of $74 per square foot. A 1,500 sqft home priced at $134,311 is 25.09% more expensive per square foot than a 3,900 sqft home priced at $285,714. Home prices in Milford, ME vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $197,803. Sellers who can wait longer may achieve a higher price of up to $241,759.


Discover Milford, ME

Explore Milford, ME, a welcoming town in Penobscot County set along the scenic Penobscot River.

Location & Access

Located just across the river from Old Town and minutes from Orono and Bangor, Milford offers quick access to Route 2 and the wider Bangor metro amenities.

Outdoor Recreation

Outdoor enthusiasts love Milford for its proximity to the Sunkhaze Meadows National Wildlife Refuge, with miles of trails, birding, and paddling opportunities.
Seasonal activities like fishing, snowmobiling, and leaf-peeping make Milford Maine a year-round destination for nature lovers.

Community & Culture

The town blends small-town charm with practical conveniences, featuring local services, community events, and friendly neighborhoods.
With the University of Maine in nearby Orono, residents enjoy cultural events, athletics, and research-driven jobs while keeping a quiet home base.

History & Growth

Historically connected to the region?s timber and paper industries, Milford preserves its heritage while encouraging thoughtful growth.

Housing & Schools

Real estate in Milford, ME ranges from riverside homes to wooded lots, appealing to buyers seeking value close to Bangor.
Families appreciate local schools and easy access to broader educational resources across the Penobscot Valley.

Plan Your Visit

Whether you?re planning a visit or a move, explore things to do in Milford Maine, discover parks and trails, and experience the laid-back river town lifestyle.



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 $118,950 for an average home size of 1613 square feet. This corresponds to an average price of roughly $74 per square foot.

What is the average cost per square foot in Milford?

In 2026, homes in Milford sell for an average of around $74 per square foot, with a typical range between $117 and $117 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 1613 square feet, with an estimated 2026 value around $118,950.



Locations close to Milford, ME

Millinocket, ME62 $ / ft²
Milo, ME139 $ / ft²
Monson, ME125 $ / ft²
Medway, ME186 $ / ft²
Mattawamkeag, ME98 $ / ft²
Lincoln, ME117 $ / ft²
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