Why Live in Milford
Milford, known as the gateway to the Iowa Great Lakes, is a small community bisected by Highway 71, providing direct access to lake resorts and entertainment hubs. The neighborhood features a mix of historic and modern homes, including bungalows, ranches, American Foursquares, condos, duplexes, and manufactured homes. Recent developments include new traditional and contemporary single-family homes. Milford is part of the Okoboji Community School District, with highly rated Okoboji Elementary School and Okoboji Middle School serving local students. The area offers various things to do, such as dining at Perkins American Food Co. and Mill Creek Restaurant and Lounge, shopping at Oak Hill Outdoor, and catching movies at Milford Pioneer Theater. Outdoor enthusiasts can enjoy Florence Park, Calkins Park, Memorial Park, and Millstone Park, as well as hiking and camping at Horseshoe Bend Wildlife Area. The Great Lakes Spine Trail provides a biking route to nearby resort areas, while public beaches in West Okoboji and Arnolds Park offer lake access. Milford hosts significant events like RAGBRAI and Pioneer Days, fostering a strong sense of community. The neighborhood is safer than the national average, and while there is no public transportation, residents rely on Highway 71 and State Route 86 for commuting. The nearest hospital is 7 miles away in Spirit Lake, and Sioux Falls Regional Airport is 103 miles from Milford.
Home Trends in Milford, IA
On average, homes in Milford, IA sell after 49 days on the market compared to the national average of 50 days. The median sale price for homes in Milford, IA over the last 12 months is $287,500, down 17% from the median home sale price over the previous 12 months.
Median Sale Price
$287,500
Median Single Family Sale Price
$304,250
Median 2 Bedroom Sale Price
$141,000
Median 1 Bedroom Sale Price
$238,000
Average Price Per Sq Ft
$198
Number of Homes for Sale
13
Last 12 months Home Sales
49
Median List Price
$312,450
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-17%