What is the median home value in Milford Township, IN?

The median value of owner-occupied homes in Milford Township, IN is $241,300 (±$34,025), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Milford Township, the median home value went from $161,000 in 2015–2019 to $241,300 in 2020–2024 (+49.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$241,300 (±$34,025)
Owner-occupied homes
1,009 (±116)
Most common range
$200,000 to $299,999

Home values in Milford Township

Owner-occupied homes by value, 2020–2024
ValueMilford TownshipLaGrange CountyIndianaUnited States
Less than $50,00012.7% (±9.5 points)8.5%6.0%5.3%
$50,000 to $99,9997.0% (±4.5 points)10.3%10.1%6.1%
$100,000 to $149,9995.8% (±6.1 points)8.8%12.7%6.8%
$150,000 to $199,99913.9% (±6.4 points)13.3%15.8%9.0%
$200,000 to $299,99924.2% (±7.3 points)16.7%25.1%17.8%
$300,000 to $499,99919.8% (±8.6 points)23.6%21.8%26.9%
$500,000 to $999,99915.5% (±7.3 points)13.5%7.3%20.9%
$1,000,000 or more1.1% (±1.6 points)5.3%1.2%7.1%

The most common range is $200,000 to $299,999, 24.2% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Milford Township against LaGrange County, its state and the nation

Estimate (90% margin of error)
Milford TownshipLaGrange CountyIndianaUnited States
Median home value$241,300 (±$34,025)$255,900 (±$15,853)$218,200 (±$739)$332,700
Owner-occupied homes1,009 (±116)10,707 (±316)1,916,243 (±9,865)84,210,142

In Milford Township, the median home value is not measurably different from LaGrange County ($255,900).

It is not measurably different from Indiana ($218,200).

It is lower than the national figure ($332,700).

In LaGrange County, Milford Township ranks 7 of 16 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 341 of 1,574.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Milford Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$161,000 (±$17,482)$241,300 (±$34,025)+49.9%Up after inflation
Median owner cost with a mortgage$1,023 (±$114)$1,439 (±$128)+40.7%No measurable change after inflation
Median real estate taxes$979 (±$266)$997 (±$258)+1.8%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Milford Township

Nearest places with a published estimate, compared with Milford Township
PlaceDistanceMedian home valueCompared with this place
Milford Township—$241,300 (±$34,025)—
Johnson Township (LaGrange County)4.9 mi$261,800 (±$39,443)Not measurably different
Wayne Township (Noble County)5.5 mi$163,900 (±$14,074)Lower
Wolcottville6.0 mi$95,800 (±$17,838)Lower
Springfield Township (LaGrange County)6.3 mi$157,100 (±$32,939)Lower
Salem Township (Steuben County)6.7 mi$173,000 (±$68,489)Not measurably different
Rome City7.1 mi$265,900 (±$39,272)Not measurably different
Orange Township (Noble County)7.6 mi$224,400 (±$21,192)Not measurably different
Fairfield Township (DeKalb County)8.1 mi$324,800 (±$54,177)Higher

Nearby places with a measurably lower figure: Wayne Township (Noble County), IN ($163,900), Wolcottville, IN ($95,800), Springfield Township (LaGrange County), IN ($157,100).

Nearby places with a measurably higher figure: Fairfield Township (DeKalb County), IN ($324,800).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across LaGrange County, place by place

RankPlaceMedian home value
1Eden Township$434,200 (±$95,148)
2Van Buren Township (LaGrange County)$406,600 (±$149,874)
3Newbury Township$324,900 (±$29,999)
4Clearspring Township$293,900 (±$71,087)
5Shipshewana$275,800 (±$14,197)
6Johnson Township (LaGrange County)$261,800 (±$39,443)
7Milford Township$241,300 (±$34,025)
8Clay Township (LaGrange County)$231,700 (±$47,065)
9Greenfield Township (LaGrange County)$214,300 (±$73,792)
10Bloomfield Township$177,200 (±$17,317)
11Howe$163,000 (±$6,653)
12Lima Township$160,500 (±$12,470)
13Springfield Township (LaGrange County)$157,100 (±$32,939)

Showing 13 of 16 places in LaGrange County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Milford Township

What is the average home value in Milford Township, IN?

The Census Bureau publishes the median: $241,300 (±$34,025) for owner-occupied homes in Milford Township (2020–2024 American Community Survey).

Have home values in Milford Township gone up?

In Milford Township, the median home value went from $161,000 in 2015–2019 to $241,300 in 2020–2024 (+49.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Milford Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Milford township, LaGrange County, Indiana (county subdivision:49338, in state:18 county:087).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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