The median home in New Milford, Connecticut is valued at $447,409, up 2.5% year over year. Typical monthly rent is $2,420, producing a price-to-rent ratio of 15.4x — near the national average of 18x. New Milford is part of the Torrington, CT metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
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Home Value$447,409
+2.5%
Rent$2,420/mo
AFFORDABILITYRenting $794/mo cheaper ($2,420 rent)6.50% 30yr, 20% down, county tax + CT ins. 28% per HUD.
Enter your income for New Milford.
$89,482 on $447,409
Out of reach — 51.4% of income
Need $137,743/yr to afford.
PITI$3,214
P/I51.4%
Afford$244K
Gap-$204K
P&I $2,262Tax $802Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Connecticut
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Full Torrington, CT analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Torrington, CT metro.
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