A quick view of the most influential metrics in Milford.
Learn more about Milford
Looking for your dream home? Looking to settle in a place with a rural feel without losing the urban lifestyle? Take a moment to get to know Milford, Michigan.
Milford, MI is one of the most amazing places to settle in Michigan. Why? You’ll get a sense of serenity the moment you drive into town. Milford is rich in history, culture and natural beauty.
About Milford, MI
Milford is less than an hour from Detroit, located in Oakland County in Michigan state. Based on reports from the United States Census Bureau, the town has a total area of 2.52 square miles, of which 2.43 square miles is land and 0.9 square miles is water.
The town was established through the hard work and dedication of its people. Today, its residents still live by this strong work ethic.
According to the historical information from Milford Historical Society, in their book “An Account of Oakland County”
“The development of the town of Milford, MI started in 1832 with the building of a sawmill by Stanley Ruggles and Elizur”. This was the opening to many innovations in the area before its incorporation in 1869.
In 1834, the town’s first post office was set up and the first gristmill was constructed in 1835.
By 1836 a lower mill pond was built to supply waterpower for different mills and factories within the town. The erection of an upper mill pond followed suit in 1845 and the list goes on.
The hydropower generated made Milford, MI one of the foremost communities to have electric power in 1892.
Year after year more constructions and innovations followed, which has gradually evolved into the beautiful town many know it by, today.
Milford, MI is well known for its lands of lakes, forests, and parks that surround the town. Despite the constant building of new subdivisions in the area, the town still retains its rural feel.
Types of Homes in Milford, MI
In Milford, you’ll find single-family homes, townhouses, and condos. The town also has many apartments for rent. There’s a perfect home in Milford for everyone.
Milford’s single-family detached homes have space, extra storage, big backyards, and long, inviting front porches. You’ll even find many waterfront homes as well.
These homes have plenty of room for outdoor activities with your family and friends. You’ll never have to stress about finding space to host gatherings with your loved ones.
Harrell realty listing of Milford, MI homes has multiple styles of homes available for purchase and rental. Our experienced agents live and work in Milford, and have the skills to find you the home of your dreams.
So, whether you are looking to buy or sell a home in Milford, MI you can find a qualified Harrell realtor who offers first-rate services that always yield excellent results.
Real estate prices in Milford, MI
Milford homes are some of the most beautiful in Michigan, and they’re some of the most affordable houses in the country as well.
The median house value in Milford is $295,144 according to reports from Neighborhoodscout. That being said, in the last decade, the appreciation rate in the area has sharply increased.
According to reports from Neighborhoodscout, real estate values appreciated 92.54% over the last decade, making an average annual house appreciation rate of 6.77%. This places Milford, MI among the top 10% of appreciating real estate markets nationally.
The town of Milford, MI has a high rate of homeownership. The cumulated ownership rate in Milford, MI, from Neighborhoodscout, shows that; 72.6 % accounts for owners, 27.4% for renters and 6.3% for vacant homes in the area.
This indicates that Milford, MI is a seller’s market, which means there are more real estate buyers than houses available for sale.
Milford, MI has several admirable neighbourhoods that anyone can enjoy: Highland, Village Center, Old plank Rd / E maple Rd, and S Milford Road / General Motors Rd and more.
Schools and Lifestyle In Milford, MI
Milford has a variety of education options for its residents. Milford, MI schools, both public and private, follow a standard educational system that provides opportunities for learning, and many extracurricular activities for its students as well.
And Milford students are earning high grades. Neighborhoodscout results show that more than half of its students in Milford are proficient in subjects like reading and math.
Leisure and Recreation in Milford
Milford has a variety of recreational centres, shopping, and activities for everyone.
The Milford area has fascinating lakes, like Hubbell pond, Kent Lake and Philip Lake. Its parks are perfect for entire days of fun, with volleyball courts, basketball, tennis courts and large spaces for picnics. You’ll also find a trail for biking, a community swimming pool and a lot more.
The village promotes a people-driven lifestyle, with numerous yearly community activities. These include a Memorial Day parade and Christmas parade and many other events for the whole family to enjoy..
Beautiful homes can be found in Milford, MI with the help of the right real estate agents. no hassle, with Robert Harrell and his team of the best realtors in the business. Harrell realtors are keen on providing offers tailored to the needs of all clients.
Step into the reality of owning a beautiful home in Milford, MI today. We at Harrell Real Estate are proud of our unique approach, one that is built on personal touches tailored to every one of our clients. Come find out all that Milford, MI has to offer. Take the step, contact us.
1. Lowe, S. D., Bourns, M. J., Young, B. B., & Barr, C. L. (1982). Ten minutes ahead of the rest of the world: A history of Milford.Milford, MI: Milford Historical Society.
2. Milford Downtown Development Authority, 2021, April 10. Downtown Milford Michigan. https://www.meetmeinmilford.com/
3. Neighbourhood scout. 20121,April 9. Milford, MI Real Estate and Demographic Data. https://www.neighborhoodscout.com/mi/milford
4. Village of Milford, MI. 2021, April 10. Village of Milford. https://www.villageofmilford.org/
Milford Homes and Land for Sale
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The Best in Milford
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