Comprehensive market data and analysis• Updated Oct 2026
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 3 | 3 | 4 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 3 | 3 | 6 |
Acreage buckets
The median price for land in Milford, Iowa is currently $217K per acre. For a typical parcel, the median sale price is $154K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $59K while premium lots reached $532K.
Milford, Iowa is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Milford, Iowa currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Milford, Iowa is 11.1%. The 12-month rate is 5.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Milford, Iowa typically sells within 60 days of listing. The median time on market is 43 days. Properties are moving at a moderate pace in the current buyer's market.
The current absorption rate in Milford, Iowa is 11.1% (3-month basis), indicating moderate demand. The top-performing broker in this market is Okoboji Realty.
Over the past 12 months, Milford, Iowa saw 6 properties sold, totaling $1.5M in sales volume. In just the last 3 months, 3 properties changed hands.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Milford on LandyDandy.
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