Home values, rents and more in New Milford, CT
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open New Milford in ProMap- Under $540k
- $540k–$690k
- $690k–$760k
- $760k–$930k
- $930k+
- No data
How New Milford compares
The typical home in New Milford, CT is worth about $469,000, according to the Zillow Home Value Index for September 2026. Home values in New Milford are 5% above the typical value in Connecticut ($447,000) and 28% above the U.S. typical value ($366,000).
Over the past year, home values in New Milford rose 3.8%, compared with +5.0% in Connecticut and +1.2% nationally.
Typical rent is $1,929 a month (Zillow Observed Rent Index), about the same as the U.S. ($1,932).
The median household income is $83,235, against $95,781 in Connecticut and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 8,188 people live in New Milford (American Community Survey 2020–24).
New Milford has the 74th-highest typical home value of the 174 cities in Connecticut with Zillow figures.
Part of: Litchfield County, CT · Connecticut
More for New Milford in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in New Milford, CT
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.