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The median home value in Milford, MI is $496,134 as of 2026-07-31, up 3.91% from a year earlier.
Median Home Value
$496,134
Year-over-Year
+3.91%
Population
16,974
Milford ranks #10 of 149 Michigan cities tracked here by median home value, and sits 89.1% above the state's city median of $262,319. It sits in Oakland County, where the county-wide median is $373,377.
Median household income in Milford is $105,713, so the typical home value is about 4.7× 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).
Milford police recorded a violent crime rate of 47 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 283 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 Milford, that value is $496,134. That's up 3.91% from a year earlier. It is about 89.1% above the typical Michigan city tracked here.
Homes in Milford are more expensive than Oakland County as a whole, where the median is $373,377 — a difference of about 32.9%.
Median household income here is $105,713, so the typical home value is about 4.7× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Milford police reported 47 violent crimes per 100,000 residents, covering a population of about 16,974. 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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