$3,500
3 bd3 ba1,268 sqft
199 River Ln
New Milford, NJ Housing Market
$669,999
6.3% 1-yrThe average New Milford, NJ home value is $669,999, up 6.3% over the past year.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
New Milford Key Takeaways
Typical Home Values: $669,999
1-year Value Change: +6.3%
(Data through March 31, 2025)
New Milford Housing Market Overview
--1-year Market Forecast
21For sale inventory(March 31, 2025)
8New listings(March 31, 2025)
--Median sale to list ratio
--Median sale price(February 28, 2025)
$737,667Median list price(March 31, 2025)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in New Milford
- NameMedian ZHVI
- Ludlow Park$693,367
- Riverdale$288,340
- Getty Square$376,152
- Manor Section$396,534
- Riverdale$386,107
- Eastside Park Historic District$559,984
- Lamartine Heights$253,007
- Radford$559,216
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New Milford Rental Market Trends
--Average rent in New Milford
$2,005National average rent(March 31, 2025)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
