Milford, MA

Population: 28,288
Average annual home appreciation rate: 6.46%
Total of homes for sale in this market: 12
Median home price: $306,341
Median Rent: $1,308 per room
Home price range: 35.90% of homes are between $204,001 – $306,000
Median sales price: $285,000
Number of homes: 73
Median foreclosure sales price: $201,100
Foreclosure discount: 29%
Most common home type: 51.49% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 7.65%
Number of renters: 35.35%
Number of owner occupied: 64.65%
Number people living below poverty level: 10.45%
Unemployment rate: 4.20%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Milford area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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