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VA area data

Milford, VA

Milford, VA.

Population: 2,290 (Census ACS)

The median home value in Milford, VA is $344,744 — up 6.4% over the past year. Homes sell for a median $382,500 after a median 34 days on market. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with drought the top-rated hazards. Cost of living is 1.1% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$344,744

Median home value

+6.4%

1-year change

34

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$344,744
1-year appreciation
+6.4%
3-year appreciation
+12.6%
5-year appreciation
+28.3%
10-year appreciation
+91.4%
All-time peak (2026-08)
$344,744
House Price Index (state)
439.0 (+3.0% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$382,500
Median list price
$334,500
Median price per sqft
$213
1-year sale-price change
+16.0%
Median days on market
34 days
Homes sold (recent period)
8
For-sale inventory
7
Sale-to-list ratio
99.3%
Active listings
5
New listings (monthly)
3

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$866/mo
1BR fair-market rent
$1,028/mo
2BR fair-market rent
$1,244/mo
3BR fair-market rent
$1,723/mo
4BR fair-market rent
$2,079/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
101.1 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1
Avg student-teacher ratio
14.3 : 1
Schools include
Caroline Middle, Bowling Green Elementary, Caroline High

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
drought
Notable hazard ratings (county)
drought: Relatively Moderate · tornado: Relatively Low · heatWave: Relatively Low · hurricane: Relatively Low · lightning: Relatively Low · earthquake: Relatively Low
Wildfire risk to homes (county)
Higher than 29% of US counties
Buildings in wildfire direct-exposure zone
86.8%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
L.A. Clarke & Son (20.4 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
58.0°F
Average high
69.0°F
Average low
47.0°F
Annual precipitation
45.8 in
USDA plant hardiness zone
7b (extreme annual low 5 to 10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
35
Days with Good air quality
235
Days with Moderate air quality
8
Highest AQI recorded (year)
74

Source: EPA air quality data (nearest monitoring station, annual)

Amenities

National parks within ~60 mi
15
Nearest national park
George Washington Birthplace National Monument (23 mi)
National parks include
George Washington Birthplace National Monument, Fredericksburg & Spotsylvania National Military Park, Maggie L Walker National Historic Site
Airports within 30 mi
29
Nearest airport
Mary Walker LZ Airport (APH) (7 mi)
Nearest major airport
Richmond International Airport (RIC) (33 mi)
Hospitals nearby (~15 mi)
16
Hospitals include
MEDSTAR SAINT MARY'S HOSPITAL, UNIVERSITY OF MD CHARLES REGIONAL MEDICAL CENTER, CALVERTHEALTH MEDICAL CENTER
Avg hospital rating (CMS)
3.9 / 5
Best hospital rating nearby (CMS)
5.0 / 5
EV charging stations (within 10 mi)
11
Solar radiation rating
Fair (4.2 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+288 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,971
Housing built before 1970
47.8%
Housing built 2000 or later
16.0%
Median annual property tax
$1,385
Mean commute to work
34 min
Households with broadband internet
43.6%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
5,160
Average weekly wage
$914
Top industries (by employment)
Accommodation & Food, Construction, Wholesale Trade
Annual residential building permits (county)
224

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

MilfordState medianUS median
Median home value$344,744$327,706$288,527
Median sale price$382,500$380,000$325,000
Median days on market34 days35 days51 days
Median annual property tax$1,385$1,619$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Milford, VA?
$344,744.
What is the median sale price in Milford, VA?
$382,500.
How long do homes take to sell in Milford, VA?
Median days on market: 34 days.
What is typical rent in Milford, VA?
2-bedroom fair-market rent: $1,244/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Milford, VA?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: drought.
What is the wildfire risk in Milford, VA?
Risk to homes is higher than 29% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Milford, VA?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Milford, VA?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Milford, VA?
3 schools (1 elementary, 1 middle, 1 high) (NCES, 2022-23).
What is the air quality in Milford, VA?
Good. Median AQI: 35. (EPA AQI).
What is the cost of living in Milford, VA?
Regional Price Parity: 101.1 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP code for Milford

Listing a home in Milford, VA?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents