Real Estate Snapshot

Real Estate Snapshot: Milford & Highland Township, Michigan — Home Prices in 2025

As the 2025 housing market continues to evolve across Southeast Michigan, communities like Milford and Highland Township are seeing distinct shifts in home prices, inventory, and buyer demand. These areas — prized for quality schools, proximity to nature, and community charm — reflect broader trends seen across suburban markets within commuting distance of Metro Detroit.

 

Milford: A Strong, Steady Market

 

Milford’s housing market in 2025 remains robust but nuanced. According to multiple real estate tracking services:

• Zillow estimates the average home value in Milford at about $467,642, showing a year-over-year increase of around 3.1% through late October 2025. Zillow

• Realtor.com reports the median listing home price in Milford at roughly $550,000 with approximately 6.5% growth year-over-year. Realtor

• Recent trends from other sources show the median sale price for homes at around $476,300, while other aggregate data sets place recent median sales near $487,450 over the last 12 months. Realtor+1

 

The range in reported figures reflects differences between listing prices, actual sold prices, and sampling methods across platforms — but the overall takeaway is clear: Milford remains a seller-leaning market with rising prices, though growth is more moderate than in peak boom years. The town’s blend of village character, access to lakes and parks, and excellent Huron Valley schools contributes to sustained buyer interest.

 

Homes in Milford tend to move relatively quickly. Redfin data notes homes selling in about 21 days on average — roughly double the pace of slower markets nationally, though slower than 2024’s rapid selling environment. Redfin

 

When you dive deeper into the local zip code (48381), nuanced trends emerge. Median sales figures in the zip code have fluctuated — one source notes a median sale around $480,000, slightly lower than some broader averages — indicating variability across sub-markets within the community. Redfin

 

Notably, Milford’s housing inventory includes a range of property types — single-family homes, condos, and townhomes — with condos and townhomes often trading near or above the $500,000 mark. Homes.com+1

 

Highland Township: Elevating Value and Buyer Demand

 

To the northwest of Milford, Highland Township commands some of the higher price points among Oakland County suburbs, driven by larger properties, scenic lots, and lake-oriented real estate.

• Realtor.com reported that in September 2025, the median listing price in Highland was about $530,000, representing strong year-over-year gains of about 7.1%. Realtor

• Zillow’s listings highlight a wide range of active homes for sale — from starter and mid-range properties in the $200,000–$400,000 range up to larger single-family homes priced well over $900,000. Zillow

 

This broad price spectrum reflects Highland’s varied housing stock: from older ranches and modest family homes to large executive estates and properties near lakes and golf course communities. The volume of homes currently listed on the market also suggests healthy inventory levels, providing more options for buyers than tighter markets see.

Highland’s proximity to state parks, lakes, and regional attractions enhances its appeal, but also places it among suburban markets where affordability is more challenging compared with smaller or more rural communities. Nonetheless, demand remains steady because of the township’s lifestyle, good schools, and relatively short commute to larger employment hubs.

 

Comparative Takeaways

 

When comparing the two:

• Milford’s housing market shows moderate price growth and active sales, with median values generally clustering in the mid-$400,000s to low-$500,000s.

• Highland Township’s median pricing tends to be slightly higher on average, with a wider distribution and notable inventory at the upper end of the market.

Both markets mirror broader Michigan real estate trends — where modest annual price increases and sustained buyer demand continue to shape local conditions into late 2025. Statewide initiatives around housing affordability and development could influence future inventory and pricing as policy efforts gain traction, but for now these communities stand as solid, stable suburban real estate markets within Oakland County. apnews.com