Milford 06461

New Haven County, CT · 5,361 properties · updated 7/26/2026

Should you buy here?buyer-timing lens

58affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden

25.4%

affordable

Days on market

daily

Price cuts

19.1%

of active

Valuation

-27.3%

vs assessor

Look up an address

/100

stable

warming · balanced · prices rising year-over-year.

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

Balanced Market

DOM: 49d (stable) · Market Dynamics rolling median · hourly

Score Components

Payment Burden (25%)25

Valuation Gap (25%)40

Supply & Demand (20%)70

Buy vs Rent (15%)50

Cancellation Rate (10%)0

Days on Market (5%)60

Balanced market in 06461. List price is roughly fair — focus on condition and value. Payment burden: 25.2% of median income. Median days on market: 49. Renting is approximately 31% cheaper than buying (price-to-rent ratio: 15.7).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.

WARMINGBALANCED

Market is warming with rising prices. Conditions are balanced between buyers and sellers. Prices up 3.3% YoY.

Address lookup$99 report path

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<p style="font:12px system-ui;margin:4px 0 0"><a href="https://lotvox.com/new-haven/zip/06461?utm_source=embed&utm_medium=backlink">Milford 06461 housing market data</a> by <a href="https://lotvox.com/">Lotvox</a></p>

Market snapshoteach number, once

Median price

$508,606

▴ 3.3% YoY

Days on market

daily · zip_data

Median rent

$2,341

ZORI

Investor score

75/100

cash-flow lens

Active listings

90-day

Valuation3 lenses, different anchors

vs assessor

-27.3%

Market vs assessed value — a tax-roll lag, not a deal signal.

Avg assessor$369,580

county CAMA · properties_v

vs income

—

Fair-value model not available for this market.

fair_value_scores · 10-state coverage

vs county comps

—

County-wide market — the widest, slowest signal.

New Haven—

Lotvox comps · mv_valuation_gap

Read together: Anchors disagree because they measure different things — read each on its own terms.

Pricing detail

Price / sqft$214

Price-to-income4.2×

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How 06461 ranks in CT

percentile vs all CT ZIPs

Comparative ranking not available for this ZIP.

Affordability, supply & momentum

38SUPPLY

BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply7.3 mo

Days on Market53d

Inv vs History+3.0%

Listing Density--

Market dynamics

Price cut %19.1%

Momentumwarming

LeverageBALANCED

Months of supply7.3

Sales (90d)0

Investment analysis

Median rent$2,341

Price-to-rent15.7

Est. cap rate4.1%

Buy vs rentneutral

Livability

Walk score—

Transit score5

Bike score—

Historical trends

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Price bandsmix-shift

Price Bands — the median behind the median

A single median rises whenever expensive homes become a bigger share of what sells, even if no tier got more expensive. These are the tiers underneath it, computed from recorded arms-length deed transactions in New Haven.

Current tiers · 12 months to Invalid Datefloor 10 sales/tier

7 tiers had too few sales at every level and are left blank rather than estimated.

Tier	Median	$/sqft	Sales	Share	Source
Under $250k	—	—	—	—	fewer than 10 sales at zip, county and metro level
$250k–$500k	—	—	—	—	fewer than 10 sales at zip, county and metro level
$500k–$750k	—	—	—	—	fewer than 10 sales at zip, county and metro level
$750k–$1M	—	—	—	—	fewer than 10 sales at zip, county and metro level
$1M–$1.5M	—	—	—	—	fewer than 10 sales at zip, county and metro level
$1.5M–$2M	—	—	—	—	fewer than 10 sales at zip, county and metro level
$2M+	—	—	—	—	fewer than 10 sales at zip, county and metro level

No mix-shift history for this area. no geography from this ZIP up to metro has 8+ quarters of 10+ recorded arms-length sales across at least 4 price tiers. Trends are drawn only from recorded transactions; the last-sale snapshot above cannot carry a time series, because a property that sold twice keeps only its latest sale — which drags the history upward through the tiers and would invent the very mix shift this section exists to test for.

National context — not local

NAR's aggregate existing-home median for the United States and the Northeast census region. This is the figure the tiers above are a check on. It is national/regional and says nothing about 06461.

United States
Northeast

Copyright, National Association of Realtors. Reprinted with permission. Retrieved from FRED, Federal Reserve Bank of St. Louis. FRED publishes a rolling 13-month window for these series.

Tiers computed from Lotvox parcel and deed substrate through Aug 25 (10 later months withheld as partially loaded). Sample floor 10 sales per tier; below it a figure is drawn from the county or metro and labelled, or left blank. Multi-parcel bulk deeds and duplicate records are excluded.

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New Haven County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

ZIP 06461→New Haven County, CT

12-Month Direction

+36Strong Improvement

Confidence

85%

DeterioratingStableImproving

BuildersLens Market Intelligence

Market Score

45· Weak

Market Score grades housing-market conditions (affordability, valuation, supply). The county Healthy/Moderate/Distressed badge measures economic distress (jobs, debt, poverty) — the two can read differently.

Buy vs Rent42

1.376x

rent advantage

Source: Lotvox · Updated 2026-05-15

Supply/Demand3

2.5 mo

seller

Source: Lotvox MLS · Updated 2026-05-15

County distress indicators

ECONOMIC INDICATORS

Economic indicators are mixed relative to comparable U.S. counties.

Unemployment Rate