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The median home value in New Milford, CT is $476,474 as of 2026-07-31, up 3.75% from a year earlier.
Median Home Value
$476,474
Year-over-Year
+3.75%
Population
28,377
New Milford ranks #15 of 45 Connecticut cities tracked here by median home value, and sits 23.1% above the state's city median of $387,219. It sits in Litchfield County, where the county-wide median is $430,768.
Median household income in New Milford is $83,235, so the typical home value is about 5.7× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
New Milford police recorded a violent crime rate of 28 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 539 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In New Milford, that value is $476,474. That's up 3.75% from a year earlier. It is about 23.1% above the typical Connecticut city tracked here.
Homes in New Milford are more expensive than Litchfield County as a whole, where the median is $430,768 — a difference of about 10.6%.
Median household income here is $83,235, so the typical home value is about 5.7× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
New Milford police reported 28 violent crimes per 100,000 residents, covering a population of about 28,377. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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