Is Milford, NE 68405 a buyer’s or seller’s market?
Milford is a seller’s market. With about 1.6 months of supply and 38% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Milford housing market right now
In the three months ending August 31, 2026, 38% of homes in Milford, NE 68405 sold above their list price, the typical home went under contract in 11 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 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 18%, homes sold faster (32 days then) and the median sale price rose 29% to $290,874. Overall, Milford is more competitive than a year ago, so tougher for buyers.
Within Seward County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 75%.
Nearby, buyers who want less competition could look at Garland 68360 (0% sold over asking) or Seward 68434 (24% sold over asking), while Beaver Crossing 68313 (50% sold over asking) is even more competitive.
Run the numbers for 68405
Nearby markets
Beaver Crossing 68313Balanced $152 /sq ftCordova 68330 — /sq ftGarland 68360Buyer’s market $364 /sq ftGoehner 68364 — /sq ft Browse all markets →Towns like Milford nearby
Find towns like Milford in other states →Where Milford is
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Questions about Milford real estate
Is Milford a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Milford, NE 68405 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 11 days in the latest three months.
Do homes in Milford sell over asking?
38% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in Milford?
About 1.18% of a home’s value a year in Seward County, or roughly $4,720 on a $400,000 home.
What is the median home price in Milford?
The median sale price was $290,874 in the three months ending August 31, 2026, about $153 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