Why Live in Milford
Milford, located 12 miles north of Bangor on the Penobscot River, is a small town known for its tight-knit community and scenic evergreen forests. Housing options in Milford range from manufactured homes to Colonial Revivals, ranch styles, and split-levels built in the early to mid-1900s. Many homes feature spacious lots with views of the river or surrounding forests. The town is walkable, with numerous sidewalks and serene residential streets, making it common to see residents walking their dogs or jogging. Milford Playground offers a small basketball court and playset, while nearby Old Town provides additional recreational options like Binette Park, which features a splash pad and hosts various events throughout the year. Sunkhaze Meadows National Wildlife Refuge, located towards the eastern end of Milford, is a haven for hikers and nature enthusiasts with its extensive walking trails and diverse wildlife. Dining and shopping are primarily found in Old Town, with popular spots like Pepper’s Landing for Maine-style seafood and KANÙ for rooftop dining. Milford Country Road Market and Hannaford provide daily necessities and groceries. The town is safer than the national average, contributing to its appeal as a family-friendly area. U.S. Route 2 serves as the main thoroughfare, connecting Milford to Bangor and other nearby towns. Bangor International Airport is 15 miles away, and the Helen Hunt Health Center is just a mile away in Old Town. The community enjoys annual events such as Riverfest and 4th of July celebrations, fostering a strong sense of local camaraderie.
Home Trends in Milford, ME
On average, homes in Milford, ME sell after 41 days on the market compared to the national average of 50 days. The median sale price for homes in Milford, ME over the last 12 months is $224,297, down 10% from the median home sale price over the previous 12 months.
Median Sale Price
$224,297
Median Single Family Sale Price
$233,000
Median Townhouse Sale Price
$180,000
Median 2 Bedroom Sale Price
$191,500
Average Price Per Sq Ft
$166
Number of Homes for Sale
5
Last 12 months Home Sales
34
Median List Price
$225,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-10%