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Median Home Price in New Milford, NJ

The median home value in New Milford, NJ is $737,587, up 10.61% from a year earlier.

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City housing-data period: September 2026. City source retrieval/check time (UTC) is recorded in the feed's updated field when available, not in the housing-data period.

Checked daily for new monthly Zillow releases, not new daily prices. Income and crime data are updated separately, not by the daily housing-data check. Unavailable means observation dates are missing or invalid.

Median Home Value

$737,587

Year-over-Year

+10.61%

Population

17,261

Home value history

The typical home value decreased by 1.7%, from $750,168 in May 2026 to $737,587 in Sep 2026.

New Milford, NJ typical home value from May 2026 to Sep 2026

Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.

New Milford, NJ monthly home value history
MonthTypical home valueYear-over-year change
May 2026$750,168+8.4%
Jun 2026$754,236+9.1%
Jul 2026$746,130+9.8%
Aug 2026$746,270+10.6%
Sep 2026$737,587+10.6%

New Milford ranks #56 of 171 New Jersey cities tracked here by median home value, and sits 18.0% above the state's city median of $624,825. It sits in Bergen County, where the county-wide median is $780,357.

Crime in New Milford

New Milford police recorded a violent crime rate of 12 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 487 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about New Milford

What is the average home price in New Milford, NJ?

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 $737,587. That's up 10.61% from a year earlier. It is about 18.0% above the typical New Jersey city tracked here.

Is New Milford expensive compared to the surrounding area?

Homes in New Milford are cheaper than Bergen County as a whole, where the median is $780,357 — a difference of about 5.5%.

Is New Milford a safe place to live?

New Milford police reported 12 violent crimes per 100,000 residents, covering a population of about 17,261. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in NJ

Point Pleasant · Rutherford · Midland Park · Waldwick · Caldwell · Red Bank · Morris Plains · Brigantine