Is New Milford, PA 18834 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

New Milford is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market28Listing to accepted offer
Median price per sq ft$223▲ +40.1% vs. last year

The New Milford housing market right now

In the three months ending August 31, 2026, 50% of homes in New Milford, PA 18834 sold above their list price, the typical home went under contract in 28 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 30%, homes sold more slowly (19 days then) and the median sale price rose 15% to $261,387. Overall, New Milford is more competitive than a year ago, so tougher for buyers.

Within Susquehanna County, homes here sell more slowly than in 65% of the county’s ZIP codes, and sell more often over asking than in 71%.

Nearby, buyers who want less competition could look at Kingsley 18826 (0% sold over asking) or Dimock 18816 (0% sold over asking), while Great Bend 18821 (100% sold over asking) and Little Meadows 18830 (100% sold over asking) are even more competitive.

Nearby markets

Brackney 18812 $209 /sq ftDimock 18816 $111 /sq ftForest City 18421Seller’s market $109 /sq ftFriendsville 18818 $212 /sq ft Browse all markets →

Where New Milford is

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Questions about New Milford real estate

Is New Milford a buyer’s or seller’s market?

A buyer’s market: there were 8 months of supply in New Milford, PA 18834 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 New Milford?

The typical home went under contract in 28 days in the latest three months.

Do homes in New Milford sell over asking?

50% 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 New Milford?

About 1.09% of a home’s value a year in Susquehanna County, or roughly $4,360 on a $400,000 home.

What is the median home price in New Milford?

The median sale price was $261,387 in the three months ending August 31, 2026, about $223 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology