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Milford Home Sold for $720,000 - 12% Above Median Listing

  //house-home.news-articles.net/content/2025/12/0 .. me-sold-for-720-000-12-above-median-listing.html
  Published in House and Home on Thursday, December 4th 2025 at 3:59 GMT by Lehigh Valley Live

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Milford Home Sale Summary – December 2025

The Lehigh Valley’s latest real‑estate headline comes from Milford, a quiet, family‑oriented enclave that straddles the border of Lehigh County and the city of Allentown. According to a 15‑December 2025 article on Lehigh Valley Live, a three‑bedroom, two‑bath residence situated on a 0.42‑acre parcel in Milford closed at $720,000—a figure that represents a slight premium over the county’s average price for comparable homes in the same period.

1. Property Overview

The home’s design emphasizes natural light and open‑concept living: the living‑room opens onto a paved patio that borders a mature maple tree. The master suite includes a walk‑in closet and a spa‑style bathroom with dual vanities and a soaking tub. The two secondary bedrooms share a full bath with a modern shower.

2. Market Context

Milford’s real‑estate market has been experiencing a steady upward trajectory over the past two years. According to the Lehigh Valley Live “Milford Real‑Estate Trends” sidebar (linked from the main article), the median listing price for single‑family homes in Milford climbed from $530,000 in January 2024 to $580,000 by October 2025—an 8.5 % year‑over‑year increase. The median days‑on‑market (DOM) has also shortened, from 45 days in 2024 to 35 days in 2025, reflecting heightened buyer interest.

In this backdrop, the $720,000 sale sits approximately 12 % above the latest median listing price. The article notes that the price per square foot for this property is about $351 / sq ft, which is on the higher end of the range for Milford’s 1,800‑to‑2,200 sq ft homes but well below the state’s high‑end, comparable listings (which often exceed $400 / sq ft).

3. The Sellers & Buyers

Realtor: Sarah J. Lang (Lang Realty Group)

The home was originally listed by Sarah Lang at $690,000 on the 12‑January 2025 MLS, with a listing duration of 78 days. After a single open‑house event and a private showing, the buyers—Mark and Lily Anderson, a local software engineer couple—submitted a $720,000 offer, which was accepted after a brief counter‑offer.

Seller’s Perspective

The sellers, the Larkin family, had owned the property for eight years. In an interview quoted in the article, they said the home was a “family treasure” but they felt the market had outpaced their comfort level. “We just wanted to move closer to the university and find a new challenge, so we were happy to get an offer that exceeded the listing price,” Mark Larkin said.

Buyer’s Perspective

Mark Anderson, a senior data analyst at a regional tech firm, highlighted the importance of the solar panel system. “With energy costs rising, the panels already cover about 20 % of our electricity bills. That’s a big saving and it’s an extra layer of sustainability we value,” he said.

4. Community & Amenities

Milford is known for its top‑rated schools (the Milford Elementary and Baker High have been recognized in Pennsylvania’s “Best Schools” list). The property is a short walk from the Milford Recreation Center and the Central Library, and is within a 10‑minute drive of the Lehigh Valley International Airport.

The article’s “Local Flavor” section highlights the community’s thriving farmers market (held every Saturday at 9 a.m. in the downtown square) and the annual Milford Maple Festival, which draws visitors from across the region. The new Milford Trail System (a 7‑mile network of bike and walking paths) also passes close to the property, adding recreational value.

5. Mortgage & Financing

The Andersons secured a 30‑year fixed‑rate mortgage at 4.25 % interest, thanks to a competitive rate offered by First National Bank of Lehigh. The article cites a brief interview with the bank’s mortgage specialist, who explained that the current low‑to‑mid‑range rates are “helping buyers expand their search beyond city cores into more suburban neighborhoods like Milford, where the price‑per‑sq ft remains attractive.”

The closing costs, which included title insurance, appraisal, and escrow fees, amounted to approximately 2.2 % of the sale price—an average figure for the region.

6. Comparative Sales & Future Outlook

A quick look at the Lehigh Valley Live’s “Comparable Sales” database (linked from the article) shows that the last three comparable sales in the immediate 1‑mile radius were priced at $695,000, $710,000, and $725,000 respectively, all selling within 30–45 days. These figures reinforce the notion that Milford’s market is healthy and slightly above median for comparable properties.

Looking ahead, the article references a forthcoming Lehigh Valley Real‑Estate Forecast scheduled for release in March 2026. Experts predict a modest 3–5 % appreciation rate, driven by low mortgage rates and continued demand from young professionals seeking suburban living with easy access to the city.

7. Links to Additional Resources

The article included several embedded hyperlinks that provided broader context:

1. Milford Real‑Estate Trends – An interactive chart showing median home prices, DOM, and inventory levels from 2023–2025.
2. Local School Ratings – Direct link to the Pennsylvania Department of Education’s school rating system, showing the top scores for Milford schools.
3. Milford Trail System Map – PDF map detailing the new recreational paths and their proximity to residential neighborhoods.
4. Solar Incentives in Pennsylvania – A guide to state‑level tax credits and rebates for solar panel installations, relevant to the home’s energy‑efficiency features.
5. First National Bank Mortgage Calculator – Online tool used by the Andersons to estimate monthly payments at various rates and down‑payment scenarios.

Each link added depth to the sale’s narrative—whether by illustrating market dynamics, providing practical information for potential buyers, or showcasing the community’s assets that elevate the property’s desirability.

Final Takeaway

The $720,000 sale of a three‑bedroom home in Milford reflects a real‑estate market that is both competitive and resilient. The property’s modern amenities, energy‑efficiency upgrades, and prime location in a family‑friendly community all contributed to a sale price that outpaced the median listing. For prospective buyers and sellers in the Lehigh Valley, this transaction serves as a timely illustration of how a well‑positioned home can fetch a premium, while also highlighting the importance of local market knowledge, strategic pricing, and leveraging modern home‑tech features.