Comprehensive market data and analysis• Updated Dec 2025
7.5 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 2 | 3 |
| 1-2 acres | - | 1 | 1 | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 3 | 4 |
Acreage buckets
The median price for land in Milford, Iowa is currently $221K per acre. For a typical parcel, the median sale price is $60K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $48K while premium lots reached $423K.
Milford, Iowa is currently a balanced market with 7.5 months of supply. Conditions favor neither buyers nor sellers significantly.
Milford, Iowa currently has 7.5 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The 3-month absorption rate in Milford, Iowa is 13.3%. The 12-month rate is 6.7%. 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 96 days of listing. The median time on market is 79 days. Properties are moving at a moderate pace in the current balanced market.
The current absorption rate in Milford, Iowa is 13.3% (3-month basis), indicating moderate demand. The top-performing broker in this market is NextHome at the Lakes.
Over the past 12 months, Milford, Iowa saw 4 properties sold, totaling $742K in sales volume. In just the last 3 months, 2 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. 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.
