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Milford

Milford

$278,011 Average Value
$221 Average Price per Sq Ft
6 Homes For Sale

Milford is a rural town deeply immersed in nature

The town of Milford’s vast farmlands, state forests and scattered hamlets serve as a rural buffer between Cooperstown and Oneonta . Around 3,000 people live in hamlets like Milford, Milford Center and Colliersville, and most of them commute to the nearby regional hubs for employment. When they’re not working, Milford’s residents have plenty of venues for outdoor activities. “Goodyear Lake is a big draw,” says Shelby MacLeish, Assistant Director of the Otsego County Conservation Association. “It has year-round activities, whether it’s ice fishing in the winter or swimming and boating in the summer.”

State parks and local waterways offer plenty of outdoor activities

The 423-acre Susquehanna State Forest connects hikers to the East Coast's longest river. “It’s great for providing access to the Susquehanna River,” MacLeish says. “There are people that camp there, and they’re in the process of building a lean-to for more running access.” Anglers can depart from the park’s Crumhorn Boat Launch to fish for smallmouth bass, chain pickerel and other species. The neighboring Hooker Mountain State Forest offers 800 acres of untamed wilderness for primitive camping and fishing along the Cherry Valley and Elk Creeks. Milford State Forest and Arnold Lake State Forest each include snowmobile trails, while Arnold Lake is also a go-to for skiers and snowshoers. “Milford State Forest right now doesn’t have any trails that are marked. We are in the process of working with the foresters of Milford State Forest to work on trails, but it’s more of a primitive site,” MacLeish says. At Milford’s southern end, the manmade Goodyear Lake is open for fishing year-round, including to ice-fishers looking to snag panfish and walleye. “OCCA works with Goodyear Lake to mediate invasive species like water chestnuts during the summer,” MacLeish says. “We have pools for renovation species during the summer months. We also do guided paddles from the Susquehanna into the Goodyear Lake area.”

Victorian and 21st-century homes mix along rural and village roads

Milford’s communities and backroads offer diverse housing options, with properties varying in date of construction, style and condition. Original-quality homes built from the 1870s to the 1890s sell for $120,000 to $190,000. Most renovated and newer properties built from the 1910s to the 2000s go for $190,000 to $500,000. Houses in villages like Milford tend to have small front lawns and sidewalk access. Those along the town’s forested, rural lanes often have larger yards, no sidewalks and gravel driveways. The rural town has a CAP Index Crime Score of 1 out of 10, lower than the national average of 4.

Local businesses offer local brews and brunch fare

Though the town lacks a central retail district, small businesses are scattered throughout Milford’s hamlets. In the village of Milford, the Cooperstown Brewing Company has created British-style ales since the 1990s. The Elm Inn, built in 1883, serves pastries and sandwiches in a vintage dining room, while Jackie’s Restaurant offers its own set of brunchtime classics down South Main Street. Cooperstown Junction has a Dollar General, but nearby Oneonta includes bigger retailers like Price Chopper, Aldi and Hannaford.

Milford Central School offers athletics and career programs

Students can attend the Milford Central School, which receives a C-plus rating from Niche, from kindergarten through 12th grade. The school offers competitive soccer teams and a Brilliant Pathways career mentoring program.

Oneonta and Cooperstown are short drives away

Oneonta and its A.O. Fox Hospital are a 10-mile drive down State Route 28 and Interstate 88. Milford is also 15 miles down Route 28 from Cooperstown and the outdoor recreation destination of Otsego Lake.

Jacob Adelhoch
Written By
Jacob Adelhoch

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Milford Housing Trends

Housing Trends

Median List Price
$268,150
Median Sale Price
$250,000
Median Single Family Sale Price
$256,000
Median Change From 1st List Price
6%
Last 12 months Home Sales
11
Median Home Sale Price YoY Change
11%
Average Price Per Sq Ft
$221

Area Facts

Number of Homes
158
Number of Homes for Sale
6
Median Year Built
1970
Months of Supply
6.50
Average Single Family Home Size Sq Ft
1,741
Below the national average
1,927
Average Townhouse Size Sq Ft
1,900
Median Lot Size Sq Ft
21,780

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Milford Has More Owners

Demographics

Total Population
2,863
Median Age
49
Population under 18
19.4%
On par with the national average
23.8%
Population over 65
28.2%
Above the national average
19.1%

Finances

Median Household Income
$69,953
Below the national average
$79,601
Average Household Income
$86,227

Education and Workforce

High School Graduates
94.3%
Above the national average
89%
College Graduates
31.6%
Advanced Degrees
9.6%
% Population in Labor Force
57.5%
Below the national average
64.9%

Weather

Annual Precipitation
44''
Average Winter Low Temperature
14°F
Average Summer High Temperature
80°F
Annual Snowfall
76''

Area Factors

Car-Dependent

Walk Score®®

2 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Milford