Is Milford, NY 13807 a buyer’s or seller’s market?
Milford is a buyer’s market. With about 25.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Milford housing market right now
In the three months ending August 31, 2026, 0% of homes in Milford, NY 13807 sold above their list price, the typical home went under contract in 217 days and there were 25.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold more slowly (27 days then) and the median sale price rose 86% to $288,875. Overall, Milford is less competitive than a year ago, which gives buyers more room.
Within Otsego County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, East Worcester 12064 (100% sold over asking) and Morris 13808 (60% sold over asking) are even more competitive.
Run the numbers for 13807
Nearby markets
Burlington Flats 13315Buyer’s market $198 /sq ftCherry Valley 13320Buyer’s market $126 /sq ftCooperstown 13326Buyer’s market $240 /sq ftEast Springfield 13333 — /sq ft Browse all markets →Towns like Milford nearby
Find towns like Milford in other states →Where Milford is
Loading map…
Questions about Milford real estate
Is Milford a buyer’s or seller’s market?
A buyer’s market: there were 25.6 months of supply in Milford, NY 13807 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Milford?
The typical home went under contract in 217 days in the latest three months.
Do homes in Milford sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Milford?
About 1.70% of a home’s value a year in Otsego County, or roughly $6,800 on a $400,000 home.
What is the median home price in Milford?
The median sale price was $288,875 in the three months ending August 31, 2026, about $225 per square foot.
Local agents
See all agents in 13807 →No sponsored agents in 13807 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 13807
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology