Comprehensive market data and analysis• Updated Dec 2025
27.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 1 |
| 1-2 acres | - | - | 2 | 4 |
| 2-5 acres | - | - | 1 | 1 |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 6 | 9 |
Acreage buckets
The median price for land in New Milford, Connecticut is currently $80K per acre. For a typical parcel, the median sale price is $140K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $64K while premium lots reached $468K.
New Milford, Connecticut is currently a strong buyer's market with 27.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
New Milford, Connecticut currently has 27.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Over the past 12 months, New Milford, Connecticut saw 10 properties sold, totaling $2.1M in sales volume. In just the last 3 months, 2 properties changed hands.
The median land price in New Milford, Connecticut stands at $140K. This translates to roughly $80K per acre for the typical parcel size. The average price is $212K, indicating some higher-priced properties pulling up the average.
The current absorption rate in New Milford, Connecticut is 3.7% (3-month basis), indicating slow demand. The top-performing broker in this market is Berkshire Hathaway NE Prop..
There are currently 18 active listings in New Milford, Connecticut. 11 new listings have hit the market in the last 90 days. The median asking price is $250K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
