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Milford, New Jersey Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
4
Sold (12M)
5
Median Price
$250K
Market Condition
Strong Buyer's Market

Milford, New Jersey Market Meter

Buyer'sSeller's
Strong Buyer's Market

12.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$250K
Avg Price/Acre
$25K
Avg Days on Market
58
Months of Supply
12.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres---1
2-5 acres-111
5-10 acres----
10-20 acres----
20-50 acres---1
50-100 acres----
100+ acres----
TOTAL0113
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
1-2 acres1 sold / 1 listed
2-5 acres1 sold / 1 listed
10-20 acres0 sold / 2 listed
20-50 acres1 sold / 0 listed

Median Price by Acreage

$0$125K$250K
1- 2
2- 5
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.6M
Last 12 months
Active Listings
4
Current inventory
Avg Days on Market
58
Time to sell
Price Trend (YoY)
-
Year over year

Milford, New Jersey Land Market Analysis

How much is land worth in Milford, New Jersey?

The median price for land in Milford, New Jersey is currently $25K per acre. For a typical parcel, the median sale price is $250K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $111K while premium lots reached $576K.

Is now a good time to buy land in Milford, New Jersey?

Milford, New Jersey is currently a strong buyer's market with 12.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

What is the months of supply for land in Milford, New Jersey?

Milford, New Jersey currently has 12.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the average price per acre in Milford, New Jersey?

Land in Milford, New Jersey averages $36K per acre. The median price per acre is $25K, which may be more representative of typical transactions. Most parcels sold are around 3.4 acres.

How long does it take to sell land in Milford, New Jersey?

Land in Milford, New Jersey typically sells within 58 days of listing. The median time on market is 51 days. Properties are moving quickly in the current strong buyer's market.

What is the median land price in Milford, New Jersey?

The median land price in Milford, New Jersey stands at $250K. This translates to roughly $25K per acre for the typical parcel size. The average price is $314K, indicating some higher-priced properties pulling up the average.

Is now a good time to invest in land in Milford, New Jersey?

The current absorption rate in Milford, New Jersey is 8.3% (3-month basis), indicating moderate demand. The top-performing broker in this market is Corcoran Sawyer Smith.

Data Sources & Accuracy

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.

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