Home prices
The median home value in New Milford is $129,300. It is roughly $28,940 (28%) higher in comparison to its nearby areas.Compared to the rest of the nation it is roughly $88,200 (40%) lower, and compared to the city of Syracuse is approximately $34,900 (36%) higher.
Rents
The median monthly rent in New Milford is $775. This is about $68 (9%) higher in comparison to other places in this area.In comparison to the US as a whole it is approximately $287 (27%) lower, and is approximately $39 (4%) lower compared to the city of Syracuse.
Nearby places
Hallstead
Hallstead is approximately 5 miles north of New Milford. The housing prices there are substantially less expensive. The median home price in Hallstead is $95,600, which works out to $33,700 (35%) lower than New Milford. Rents there are a little less expensive. Hallstead's median monthly rent is $642, which comes out to $133 (20%) lower than New Milford.
Great Bend
Great Bend is roughly 6 miles north from New Milford. The housing prices there are a little less expensive. The median home value in Great Bend is $114,500, which is $14,800 (12%) lower than New Milford. The rent there is a bit more expensive. In Great Bend the median monthly rent is $852, which is $77 (9%) higher than New Milford.
Susquehanna Depot
Susquehanna Depot is about 7 miles northeast from New Milford. Its housing prices are a lot less expensive. The median home in Susquehanna Depot costs $76,800, which comes out to $52,500 (68%) lower than New Milford. Rents there are pretty similar. Susquehanna Depot's median rent is $752 per month, which works out to $23 (3%) lower than New Milford.
Oakland
Oakland is roughly 7 miles northeast from New Milford. The real estate prices there are significantly less expensive. The cost of the median home in Oakland is $74,300, which is $55,000 (74%) lower than New Milford. The rent there is somewhat less expensive. Oakland's median rent is $666 per month, which is $109 (16%) lower than New Milford.
Montrose
Montrose is about 7 miles southwest from New Milford. Its housing prices are a bit more expensive. Montrose's median home price is $140,600, which works out to $11,300 (8%) higher than New Milford. Rent there is a little less expensive. Montrose's median rent is $625 a month, which comes out to $150 (24%) lower than New Milford.
