Why Live in New Milford
New Milford, Connecticut, offers a scenic small-town atmosphere with a population of just over 7,600 residents. Nestled in Western Connecticut’s rolling hills, it is the state’s largest town by area and home to Candlewood Lake, the state's largest lake. Housing options range from modest downtown condos to historic Colonial and Victorian homes, with prices varying widely. The town is known for its outdoor recreation, including boating on Candlewood Lake and hiking along the Housatonic River. Popular attractions include Lynn Deming Park, the New Milford Trail, Youngs Field, and Lovers Leap State Park. Downtown New Milford features a quintessential New England feel with stone buildings, churches, a library, and a variety of local businesses. Dining options are diverse, with establishments like River & Rail Café, O’Connor’s Public House, and Lucia Ristorante. The town also hosts several community events at the Village Green, including summer art displays and a holiday tree-lighting ceremony. The New Milford GOAT Days event at Youngs Field is a local favorite. Education is well-regarded, with New Milford High School and Canterbury School, a Catholic college-preparatory boarding school, both receiving high ratings. The town is car-dependent, with a 90-minute drive to New York City and nearby train stations offering a nearly 2-hour ride to Grand Central Station.
Home Trends in New Milford, CT
On average, homes in New Milford, CT sell after 70 days on the market compared to the national average of 50 days. The median sale price for homes in New Milford, CT over the last 12 months is $465,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$465,000
Median Single Family Sale Price
$520,000
Median Townhouse Sale Price
$298,000
Median 2 Bedroom Sale Price
$229,000
Median 1 Bedroom Sale Price
$177,000
Average Price Per Sq Ft
$298
Number of Homes for Sale
54
Last 12 months Home Sales
320
Median List Price
$499,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%