Current Price

$432,382

1 Month Forecast

â–² $466,916

1-Year Forecast *

â–² $485,764

5-Year Forecast *

â–² $576,681

"Is it a good time to buy homes in New Milford?" "Does investing in real estate in New Milford (Connecticut State, Litchfield County) worth it?" According to our live Forecast System, buying a house in New Milford is a good short-term (1-year) investment*. The New Milford average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "New Milford" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in New Milford in Connecticut State, Litchfield County. If you are looking for homes for sale with good flipping profit, New Milford can be a profitable property investment option. The median price of an average house in New Milford was 432,382 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "New Milford" area is 576,681 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +33.37% meaning that investing 100000 USD today may yield a profit of 33,373 USD by 2031.

Current Median Listing Price: 432,382 USD Median Listing Price Per Square Foot: 240 USD

New Milford Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

New Milford (Connecticut State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

New Milford Price Target

New Milford median home price target in 12 months: $485,764* (upside of 12.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $459,502 $463,842 $459,142 $463,842
2024 $411,214 $432,382 $411,214 $432,475
2023 $372,555 $409,926 $372,555 $409,926
2022 $343,573 $372,945 $343,573 $378,320
2021 $303,692 $340,397 $303,692 $342,918
2020 $265,407 $296,662 $265,407 $296,662
2019 $259,246 $264,388 $259,246 $265,420
2018 $257,721 $259,221 $257,721 $262,153
2017 $247,850 $256,952 $247,850 $257,267
2016 $243,271 $247,044 $243,271 $247,044
2015 $235,832 $241,248 $235,812 $241,248
2014 $228,422 $236,089 $228,422 $236,102
2013 $221,207 $227,988 $219,683 $227,988
2012 $223,808 $220,394 $219,924 $223,808

Questions & Answers about the New Milford Housing Market Forecast

How much does an average home cost in New Milford today?

The value of an average home (the listing price) in New Milford is $432,382 USD.

What is the average price per square foot in New Milford?

According to Walletinvestor the median price per square foot in New Milford is 240 USD.

Will the median listing price of homes in New Milford grow / rise / go up?

Yes. The New Milford home prices may rise from 432,382 USD to 485,764 USD in one year.

Is it profitable to invest in New Milford homes?

Yes. The long-term profit potential is +12.35% in one year.

Will New Milford house prices fall / drop?

No. See above.

What is the predicted price of a New Milford home in 2030?

The predicted home sales price of a New Milford home in 2030 in New Milford is 556,477 USD.

What is the predicted price of a New Milford home in 2035?

The predicted home sales price of a New Milford home in 2035 in New Milford is 699,547 USD.

Will real estate prices decrease in New Milford?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

New Milford is the 2230. largest city in the United States, located in Connecticut State.

During the last 12 months the real estate prices in Litchfield, New Milford decreased, looking at the past 12 months.

According to Walletinvestor's New Milford real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.831% to 432,382 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 10.686% in 2021
  • 13.616% in 2022
  • 11.736% in 2023
  • 12.236% in 2024
  • 10.876% in 2025
  • 10.586% in 2026

Based on our New Milford real estate market research and report the predicted sales prices will increase by 220.313% in the next 10 years.

Over the last 12 months, the value of homes in New Milford fluctuated: increasing 4 times .

New Milford (Connecticut) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
New Milford Housing Market Forecast with Real Estate Prices for 2025
August 2025 466916 420692 513141
September 2025 470011 424420 515602
October 2025 473126 446158 500094
November 2025 476261 451019 501503
December 2025 479399 451593 507204
New Milford Housing Market Forecast with Real Estate Prices for 2026
January 2026 478971 439696 518247
February 2026 477205 447619 506792
March 2026 475828 452036 499619
April 2026 476233 443373 509093
May 2026 479389 439600 519178
June 2026 482566 447339 517793
July 2026 485764 446417 525111
August 2026 488984 454755 523212
September 2026 492224 450877 533571
October 2026 495486 461793 529180
November 2026 498770 453881 543660
December 2026 498500 459617 537383
New Milford Housing Market Forecast with Real Estate Prices for 2027
January 2027 496662 454943 538382
February 2027 494831 445843 543819
March 2027 493640 448225 539055
April 2027 492437 462398 522475
May 2027 491921 458471 525372
June 2027 493296 445940 540652
July 2027 496283 453107 539460
August 2027 499572 458607 540537
September 2027 502883 475225 530542
October 2027 506216 470275 542157
November 2027 509571 468296 550846
December 2027 512948 485249 540647
New Milford Housing Market Forecast with Real Estate Prices for 2028
January 2028 516348 477105 555590
February 2028 519770 482346 557193
March 2028 523184 481329 565039
April 2028 525976 493366 558587
May 2028 527630 485420 569840
June 2028 530070 488724 571415
July 2028 533084 504298 561871
August 2028 536617 485638 587596
September 2028 540173 507223 573124
October 2028 543557 498985 588129
November 2028 546126 512812 579440
December 2028 548692 514673 582711
New Milford Housing Market Forecast with Real Estate Prices for 2029
January 2029 550849 508985 592714
February 2029 552635 520030 585241
March 2029 553347 522913 583781
April 2029 553228 516162 590295
May 2029 556895 524595 589195
June 2029 556458 508603 604314
July 2029 556477 505281 607673
August 2029 557964 518907 597022
September 2029 559530 530434 588625
October 2029 560928 511567 610290
November 2029 562155 519431 604879
December 2029 565881 516649 615112
New Milford Housing Market Forecast with Real Estate Prices for 2030
January 2030 569631 514946 624315
February 2030 573406 520079 626733
March 2030 577206 540265 614148
April 2030 581008 547310 614707
May 2030 580491 541598 619384
June 2030 578351 524564 632137
July 2030 576681 546693 606668
August 2030 577172 529266 625077
September 2030 580997 526383 635610
October 2030 584847 553265 616429
November 2030 588723 552222 625224
December 2030 592625 535733 649517
New Milford Housing Market Forecast with Real Estate Prices for 2031
January 2031 596553 563742 629363
February 2031 600506 549463 651549
March 2031 604486 565799 643173
April 2031 604159 568513 639804
May 2031 601931 571233 632630
June 2031 599712 558332 641092
July 2031 598268 539638 656898
August 2031 596810 545484 648136
September 2031 596185 562203 630168
October 2031 597852 552415 643288
November 2031 601472 542528 660416
December 2031 605458 566103 644813
New Milford Housing Market Forecast with Real Estate Prices for 2032
January 2032 609471 573512 645430
February 2032 613510 563816 663204
March 2032 617576 578051 657101
April 2032 621669 587477 655861
May 2032 625789 573223 678355
June 2032 629936 575132 684741
July 2032 634074 596030 672119

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.