Is Milford, TX 76670 a buyer’s or seller’s market?
Milford is a seller’s market. With about 3.2 months of supply and 0% 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, 0% of homes in Milford, TX 76670 sold above their list price and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (56 days then) and the median sale price fell 25% to $227,891. Overall, Milford is less competitive than a year ago, which gives buyers more room.
Within Ellis County, homes here sell less often over asking than in any other ZIP code in the county.
Nearby, Red Oak 75154 (14% sold over asking) and Ennis 75119 (12% sold over asking) are even more competitive.
Run the numbers for 76670
Nearby markets
Avalon 76623 — /sq ftEnnis 75119Balanced $156 /sq ftFerris 75125Seller’s market $167 /sq ftForreston 76041 $95 /sq ft Browse all markets →Towns like Milford nearby
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Questions about Milford real estate
Is Milford a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Milford, TX 76670 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
Do homes in Milford sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.
What are property taxes in Milford?
About 1.35% of a home’s value a year in Ellis County, or roughly $5,400 on a $400,000 home.
What is the median home price in Milford?
The median sale price was $227,891 in the three months ending August 31, 2026, about $136 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