ZIP 01757 (Milford, MA) Housing Market & Real Estate Update

ZIP 01757 covers Milford in Worcester County, Massachusetts. Today’s local market still looks competitive: prices are holding near recent highs, listings are limited, and mortgage rates have eased a bit compared with last year.

Top takeaways

January 2026 closed-sale median was about $535K, up year over year, with homes selling in the mid-20s days on market.
Inventory remains tight: major portals show roughly 40-ish active listings (varies by data source and timing).
Rents look steady to slightly softer year over year, but still elevated for many households.
National mortgage rates dipped again last week, which may bring more buyers back to weekend open houses.

Market snapshot (past 30 days)

Prices: Redfin’s ZIP-level data shows a January 2026 median sale price of $535,000 (+5.4% YoY) and a median $/sq ft of $293 (+4.6% YoY). Zillow’s home value index for 01757 puts typical values around $541,789, with data through January 31, 2026.

Speed and competition: Redfin reports homes selling in about 24 days on average and receiving multiple offers on average, consistent with a competitive market vibe.

Inventory: Zillow’s market page shows 45 homes in for-sale inventory as of January 31, 2026, while other portals may show a slightly different count depending on refresh cadence and what is included (single-family vs condos vs multi-family).

Rentals: Zillow’s rental trend for 01757 shows an average rent around $2,309 (January 31, 2026), with a small year-over-year dip (about -0.2%).

Mortgage-rate pulse

Freddie Mac’s latest Primary Mortgage Market Survey shows the average 30-year fixed rate at 6.01% as of February 19, 2026 (15-year at 5.35%). If this trend holds, it can slightly improve affordability, but buyers in tight-inventory ZIPs like 01757 may still need strong pre-approvals and flexible timing.

What’s for sale nearby (no addresses)

Browsing current portal search results for 01757, today’s mix includes:

Condos/townhomes: options in roughly the upper-$200Ks to low-$300Ks on the lower end, with newer/larger units often in the $600Ks range.
Single-family: a wide spread, with many listings clustering from the mid-$400Ks into the $600Ks, plus some higher-end homes above that.
Land: at least one larger-acreage land listing appears around the high-$400Ks range, which may interest buyers thinking long-term or builders watching future supply.

ServiceXTC local pro checklist (get ahead of the rush)

If you’re planning to list this spring or buying with inspection contingencies, line up help early: home inspector, electrician, plumber, HVAC service, roofer, and general contractor. (We did not have verified ServiceXTC directory matches to cite for ZIP 01757 in today’s automated pull, so we’re not naming providers here.)

Sources

https://www.redfin.com/zipcode/01757/housing-market
https://www.zillow.com/home-values/58480/milford-ma-01757/
https://www.realtor.com/realestateandhomes-search/01757/overview
https://www.redfin.com/zipcode/01757
https://www.zillow.com/milford-ma-01757/
https://www.freddiemac.com/pmms
https://en.wikipedia.org/wiki/Milford,_Massachusetts

Question: Are you seeing more price cuts, faster offers, or fewer showings lately in ZIP 01757?