Milford Housing Values Among Steepest Declines in MA
Most Milford homeowners saw a drop in value last year, and over the past several years since the peak of the market. How far? According to a Boston.com post, Milford was among 20 communities in eastern MA with the steepest decline.
Did Milford home values bottom out in 2012?
The average house in Milford fell to $262,841 last year. This value dropped about 1.68 percent. Every type of property in Milford fell last year, except triple-family structures.
A recent Boston.com analysis, of property values in eastern Massachusetts communities, shows how far Milford dropped over the past six years, since the peak of the real estate market.
Boston.com found Milford was among the 20 communities with the steepest drops in value. Milford came in at No. 14, with a six-year, 23.72 percent decline in value.
Other towns on the list: Hudson, Carver, Wareham, Brockton and Middleborough.