Current Price

$656,661

1 Month Forecast

â–² $707,486

1-Year Forecast *

â–² $740,896

5-Year Forecast *

â–² $890,196

"Is it a good time to buy homes in New Milford?" "Does investing in real estate in New Milford (New Jersey State, Bergen 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 New Jersey State, Bergen 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 656,661 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 890,196 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +35.56% meaning that investing 100000 USD today may yield a profit of 35,564 USD by 2031.

Current Median Listing Price: 656,661 USD Median Listing Price Per Square Foot: 365 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 (New Jersey 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: $740,896* (upside of 12.8%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $701,863 $703,007 $700,800 $703,133
2024 $603,008 $656,661 $603,008 $656,661
2023 $558,598 $598,969 $558,598 $598,969
2022 $533,068 $554,939 $533,068 $567,573
2021 $492,208 $529,262 $492,208 $529,262
2020 $452,224 $487,296 $452,224 $487,296
2019 $440,830 $449,359 $440,830 $449,359
2018 $423,276 $440,535 $423,276 $440,535
2017 $408,650 $422,363 $408,650 $422,363
2016 $392,096 $406,306 $392,096 $406,306
2015 $368,807 $391,006 $368,807 $391,006
2014 $380,110 $369,111 $369,111 $387,733
2013 $362,674 $380,483 $362,674 $380,601
2012 $357,598 $363,798 $357,598 $366,647

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 $656,661 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 365 USD.

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

Yes. The New Milford home prices may rise from 656,661 USD to 740,896 USD in one year.

Is it profitable to invest in New Milford homes?

Yes. The long-term profit potential is +12.83% 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 861,535 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 1,089,082 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 3679. largest city in the United States, located in New Jersey State.

During the last 12 months the real estate prices in Bergen, 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 6.330% to 656,661 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 14.728% in 2021
  • 12.988% in 2022
  • 12.688% in 2023
  • 11.928% in 2024
  • 14.308% in 2025
  • 11.398% in 2026

Based on our New Milford real estate market research and report the predicted sales prices will increase by 234.321% in the next 10 years.

Over the last 12 months, the value of homes in New Milford fluctuated: increasing 3 times and decreasing 1 times.

New Milford (New Jersey) 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 707486 670696 744275
September 2025 711993 659305 764680
October 2025 716529 674254 758804
November 2025 721094 666291 775897
December 2025 723792 676745 770838
New Milford Housing Market Forecast with Real Estate Prices for 2026
January 2026 723246 658154 788339
February 2026 723048 660143 785953
March 2026 724355 662785 785925
April 2026 726915 673850 779979
May 2026 731546 663512 799579
June 2026 736206 672156 800256
July 2026 740896 679402 802391
August 2026 745616 695660 795573
September 2026 750367 699342 801392
October 2026 755147 712859 797435
November 2026 759598 689715 829481
December 2026 758589 707763 809414
New Milford Housing Market Forecast with Real Estate Prices for 2027
January 2027 755742 710397 801086
February 2027 752906 707732 798080
March 2027 750081 701325 798836
April 2027 749654 705425 793884
May 2027 754430 691058 817802
June 2027 759236 690905 827568
July 2027 764073 718993 809154
August 2027 768941 714346 823536
September 2027 773840 698004 849676
October 2027 778770 725814 831726
November 2027 781963 704548 859377
December 2027 785804 713510 858098
New Milford Housing Market Forecast with Real Estate Prices for 2028
January 2028 789300 730103 848498
February 2028 792568 722029 863106
March 2028 795196 722833 867559
April 2028 798847 728549 869146
May 2028 803937 730778 877095
June 2028 809058 747570 870547
July 2028 814213 754775 873650
August 2028 819400 742376 896424
September 2028 824620 747931 901310
October 2028 829675 768279 891071
November 2028 834422 782688 886156
December 2028 839491 778208 900773
New Milford Housing Market Forecast with Real Estate Prices for 2029
January 2029 844839 779786 909891
February 2029 850221 772001 928442
March 2029 855548 781971 929126
April 2029 857095 802241 911949
May 2029 862555 809939 915171
June 2029 861248 805267 917230
July 2029 861535 790028 933043
August 2029 863060 799194 926927
September 2029 864116 799307 928925
October 2029 863775 819722 907827
November 2029 863961 785340 942581
December 2029 869465 824253 914677
New Milford Housing Market Forecast with Real Estate Prices for 2030
January 2030 875004 824254 925754
February 2030 880579 808371 952786
March 2030 886189 802001 970376
April 2030 889504 802333 976675
May 2030 888834 809728 967940
June 2030 888590 820169 957012
July 2030 890196 801176 979216
August 2030 893342 820981 965703
September 2030 899033 819918 978148
October 2030 904761 817904 991618
November 2030 910525 842236 978814
December 2030 916326 838438 994213
New Milford Housing Market Forecast with Real Estate Prices for 2031
January 2031 922164 867756 976571
February 2031 928038 866788 989289
March 2031 933508 854160 1012856
April 2031 932268 877264 987272
May 2031 928769 840536 1017002
June 2031 925284 837382 1013186
July 2031 921812 835162 1008462
August 2031 921288 849427 993148
September 2031 927157 840932 1013383
October 2031 933064 878013 988115
November 2031 939008 882668 995349
December 2031 944991 868446 1021535
New Milford Housing Market Forecast with Real Estate Prices for 2032
January 2032 951011 870175 1031847
February 2032 957070 896774 1017365
March 2032 960993 892763 1029224
April 2032 965715 880732 1050698
May 2032 970011 911810 1028211
June 2032 974027 905845 1042208
July 2032 977257 927417 1027097

> 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.