Market Overview
Home Prices in Milford Center, OH
The median home value in Milford Center, OH is $314,482 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Milford Center are priced23% below average. Milford Center is part of the Columbus, OH metro area.
Over the past five years, Milford Center home values have risen by approximately19.3%, reflecting steady appreciation in this market.
Price History
Milford Center Home Price Trend
City Comparison
Milford Center vs. National Median
At $314,482, homes in Milford Center cost 23% below the national median of $410,000. This makes Milford Center a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Milford Center?
20% Down Payment
$62,896
on $314,482
Monthly P&I
$1,640/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,083/mo
incl. taxes & insurance
Income Needed
$83,320
gross annual (30% rule)
10% Down Option
$31,448
+ PMI applies
Loan Amount (20% dn)
$251,586
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Milford Center, OH?
The median home value in Milford Center is $314,482 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3% year-over-year.
How much have home prices changed in Milford Center?
Over the past year, home values in Milford Center have increased by 3%. Over five years, prices have risen approximately 19.3%.
How much do I need to earn to buy a home in Milford Center?
To comfortably afford the median home price of $314,482 with a 20% down payment ($62,896) at today's rates (6.8%), you'd need a gross annual income of approximately $83,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Milford Center compare to the national average home price?
The national median home value is approximately $410,000. At $314,482, homes in Milford Center are 23% below the national average.
What metro area is Milford Center part of?
Milford Center is part of the Columbus, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.