New Milford borough: Median Home Value Trend
How New Milford borough's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$397,000
2023
$554,800
Total change
+$157,800
% change
+39.7%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $397,000 | — |
| 2019 | $426,800 | +$29,800 (7.5%) |
| 2020 | $433,000 | +$6,200 (1.5%) |
| 2021 | $442,000 | +$9,000 (2.1%) |
| 2022 | $480,000 | +$38,000 (8.6%) |
| 2023 | $554,800 | +$74,800 (15.6%) |