Median home value in zip code 08848 (Milford, NJ) is $508,190, up 1.1% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Home Value$508,190

YoY Change

+1.1%

Prices rising — worse for buyers.

Affordability

Enter your income for 08848 (Milford).

Income (annual)

Down Payment

$101,638 on $508,190

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

Out of reach48.9% of income

Need $131,100/yr to afford.

PITI$3,059

P/I48.9%

Afford$291K

Gap-$217K

P&I $2,570Tax $373Ins $117

6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

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

Metro Analysis

08848 is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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