Located in southern New Hampshire on the banks of the Souhegan River, Milford is a charming small town within close reach of metropolitan amenities. Milford, NH resides in Hillsborough County and presents a rich history as a prime stop on the Underground Railroad. Named after the river's Mill Ford, Milford was known for its once thriving granite industry and now serves as a hub for antique shops and country craft stores. Just about 10 miles west of Nashua, 20 miles southwest of Manchester, and approximately an hour northwest of Boston, Massachusetts, Milford offers an ideal suburban location for residents looking for a short commute from the city to a close-knit hideaway.
Having just over 15,000 residents, Milford, New Hampshire presents a small population that is invested in their safe, family-oriented community. Designated as a Union Square, the downtown Milford Oval or town center presents the Pillsbury Bandstand as its showpiece with the Souhegan River in the background. The Oval is home to a park, the Bicentennial walkway and the bandstand. Dedicated to their community, Milford residents have focused on improving the Oval, with special efforts of the civic group called DO-IT.
Nestled between the affluent bedroom communities of the Merrimack Valley and the wooded peaks of the Monadnock Region, Milford enjoys great schools, a thriving economy and the excellent recreation options of hiking, water play and skiing, to name a few. Milford, New Hampshire presents historic relevance and acres of open space while maintaining a rural New England feel.
Milford, NH Real Estate Market - Price Range of Milford Houses for Sale
Milford, NH offers a variety of housing opportunities that include Colonials, Cape Cod and contemporaries in small neighborhoods and subdivisions. Older New England farmhouses as well as new construction offer large-lot residential zoning. Most Milford, NH residents can enjoy plenty of acreage with wooded and grassy lots, some with riverfront access.
Milford Real Estate Stats and Trends for the week of January 23rd, 2020: homes priced around $287,719 compared to $287,719 the previous week, to remain steady with no change in listing price. For Thursday, January 23rd, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.