New Milford, CT Real Estate

According to census data in the year 2000 there were 2,821 housing units in New Milford. This represents a 10.1% growth from 2,563 in 1990.

Of those housing units, 2,821 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in New Milford is about 51.7%. New Milford's vacancy rate, including seasonal lodging, is about 3.5%. Average household size is 2.4 people.

The majority of houses, apartments or condos in New Milford were built after 1964.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom28.70%
Two Bedrooms30.30%
Three Bedrooms27.40%
Four Bedrooms9.50%
Five Bedrooms or more2.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1967
Median Value of occupied units$158,300
Median Price asked for vacant units$275,000

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1958
Median Monthly Rent asked for vacant units$539

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.50%
Home Equity Loan10.10%
Simple Mortgage58.10%
Debt Free26.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.7%