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.

Home Value$447,409

+2.5%

Rent$2,420/mo

Prices rising — worse for buyers.

Affordability

Enter your income for New Milford.

Income (annual)

Down Payment

$89,482 on $447,409

Example: $75,000 household income. Change it above to see your own.

Out of reach51.4% of income

Need $137,743/yr to afford.

PITI$3,214

P/I51.4%

Afford$244K

Gap-$204K

P&I $2,262Tax $802Ins $150

Renting $794/mo cheaper ($2,420 rent)6.50% 30yr, 20% down, county tax + CT ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Connecticut

Compare New Milford with other housing markets across Connecticut.

Darien$2.24M Greenwich$2.19M New Canaan$2.03M Westport$1.9M Weston$1.3M Wilton$1.18M Washington$998K Ridgefield$945K

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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New Milford, CT