Home prices
The median home in New Milford costs $233,400. In comparison to the surrounding areas this is approximately $78,740 (25%) lower.It is roughly $15,900 (7%) higher in comparison to the rest of the nation, and it is about $372,600 (61%) lower compared to the city of New York.
Rents
New Milford's median rent is $1,162 a month. It is roughly $132 (10%) lower in comparison to the surrounding areas.It is about $100 (9%) higher in comparison to the rest of the nation, and in comparison to the city of New York is approximately $281 (19%) lower.
Nearby places
New Preston
New Preston is approximately 6 miles north of New Milford. Housing prices there are substantially more expensive. The median home in New Preston is valued at $377,700, which is $144,300 (38%) higher than New Milford. Rents there are a little more expensive. New Preston's median rent is $1,354 a month, which works out to $192 (14%) higher than New Milford.
Pawling
Pawling is about 8 miles west from New Milford. Its housing prices are a little more expensive. The median home in Pawling costs $276,100, which works out to $42,700 (15%) higher than New Milford. The rent there is a bit less expensive. Pawling's median monthly rent is $906, which is $256 (28%) lower than New Milford.
Woodbury Center
Woodbury Center is approximately 9 miles east of New Milford. Its real estate prices are significantly more expensive. The cost of the median home in Woodbury Center is $350,600, which works out to $117,200 (33%) higher than New Milford. The rent there is fairly similar. Woodbury Center's median monthly rent is $1,125, which works out to $37 (3%) lower than New Milford.
Putnam Lake
Putnam Lake is approximately 9 miles southwest from New Milford. The housing prices there are similar. Putnam Lake's median home price is $235,300, which is very similar to New Milford. Rents there are a bit more expensive. The median monthly rent in Putnam Lake is $1,647, which works out to $485 (29%) higher than New Milford.
Bethlehem Village
Bethlehem Village is roughly 9 miles east of New Milford. Its real estate prices are a little more expensive. Bethlehem Village's median home value is $321,000, which is $87,600 (27%) higher than New Milford. Rents there are a bit more expensive. In Bethlehem Village the median monthly rent is $1,440, which is $278 (19%) higher than New Milford.