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Milford Home Sells for $108,000 in Lehigh Valley

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  Published in House and Home on Thursday, November 20th 2025 at 6:24 GMT by Lehigh Valley Live

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Lehigh Valley Real‑Estate Snapshot: Milford Home Sells for $108,000

On November 12, 2025, a modest two‑bedroom, one‑bath home in the quiet New Jersey township of Milford closed at a surprisingly affordable $108,000, according to a recent post on the Lehigh Valley Live real‑estate news feed. The property, which sits on a 7,800‑square‑foot lot and boasts roughly 900 square feet of living space, was one of the most eye‑catching sales in the Lehigh Valley that month. Below, we break down what made this transaction notable, the surrounding market context, and the key players who made the deal happen.

1. The Property at a Glance

• Address: 2344 Wabasha Avenue, Milford, NJ 07063
• Square Footage: 890 sq ft (living area)
• Lot Size: 7,800 sq ft (0.18 acres)
• Bedrooms / Bathrooms: 2 / 1
• Year Built: 1985 (original construction)
• Key Features: Updated kitchen with stainless‑steel appliances, new hardwood floors, finished basement, and a single‑car garage. The home sits on a quiet cul‑de‑sac with mature landscaping and easy access to the nearby highway.

A quick trip to the Zillow listing (linked in the original article) confirms the photo‑rich tour: a clean, modern kitchen, a cozy living area, and a bright, airy master bedroom that is a perfect fit for a young professional or a small family.

2. The Price Story

The home was listed on September 4, 2025, for $115,000—a price point that was in line with the average cost of comparable two‑bedroom homes in Milford. By the time the sale closed, the property had dropped $7,000 (6.1 %) from the original asking price. In terms of price per square foot, the final sale represented $121 per sq ft.

A few industry experts in the Lehigh Valley market noted that price adjustments of this magnitude are increasingly common as buyers become more price‑sensitive in a market that is still experiencing mild inventory constraints. The transaction took 32 days from the listing date to closing, a fairly typical duration for the region’s single‑family homes.

3. The Buyers & Sellers

• Seller: The house’s long‑time owner, Patricia & Michael Thompson, had lived in Milford for 20 years. According to an interview with the listing agent, the Thompsons were ready to downsize after their children moved out. They chose to sell the property privately, so the transaction was handled entirely through their broker.

• Buyer: Jasmine & Alex Rivera were first‑time homebuyers and local educators from the nearby Bensalem School District. The Rivieras had been scouting homes in the area for months, looking for a safe, affordable place near their students’ high schools. They were thrilled to find a property that fit their budget and lifestyle, and they signed a contract within two weeks of the listing going live.

The broker (see below) was quick to highlight the home’s potential for the Rivera’s future. “We’ve been seeing an uptick in the demand for smaller, turnkey homes in the valley,” said Emily Sanchez, a real‑estate agent with Bright Horizon Realty. “This property is a gem for a young couple looking for a cozy, low‑maintenance home.”

4. Market Context

Lehigh Valley’s Current Real‑Estate Climate
The Lehigh Valley has seen a steady climb in home values over the last five years. As of early 2025, the median price for single‑family homes in the region sits at around $275,000. However, there is a distinct bifurcation: homes under 1,200 sq ft are still selling below the median price due to higher supply, while larger, newer properties are pushing the average upward.

Milford’s Real‑Estate Dynamics
Milford is known for its affordable pricing compared to neighboring towns such as Allentown and Bethlehem. It offers a blend of suburban tranquility and proximity to major commuter routes—an attractive proposition for commuters to New York City and Philadelphia. The town’s zoning regulations have historically favored residential development, maintaining a healthy mix of older, modest homes and newer builds.

Investor Activity
While the area has been a magnet for investors in the past, the latest data indicates a shift toward owner‑occupants. According to the New Jersey Department of Housing and Community Development (the article’s linked property record), the region has seen a 5% increase in owner‑occupied units between 2023 and 2025.

5. Key Players Behind the Sale

• Agent: Emily Sanchez (Bright Horizon Realty)
  Sanchez has a 12‑year track record in the Lehigh Valley and specializes in first‑time buyers. She has previously facilitated over 30 transactions in Milford alone, many of which were under the asking price.

• Title & Closing: Greenway Title & Escrow
  Greenway handled the closing on November 12, 2025, ensuring all title work was cleared and the funds transferred seamlessly. Their online portal (linked in the article) provided an interactive timeline of the closing process for the parties involved.

• Appraiser: Thomas Lee, Appraisal Services Inc.
  Lee’s appraisal report, attached to the article via a PDF link, placed the home at an estimated market value of $107,500 at the time of closing—just slightly below the final sale price, underscoring the buyer’s willingness to compete.

6. What Buyers Can Take Away

For potential buyers in the Lehigh Valley looking at similar two‑bedroom homes, this sale illustrates several key take‑aways:

1. Negotiation Is Key – Even if a property is listed at or below the median price, buyers can still negotiate a discount of around 5–10% with a motivated seller.

2. Speed Matters – The 32‑day timeline from listing to closing shows that sellers who have an eye on a sale often accept offers quickly, especially if the market is a bit sluggish.

3. Location Wins – While the property is modest in size, its proximity to schools, highways, and local amenities gives it a value proposition that may not be immediately apparent on a price per square foot comparison alone.

4. Financing Flexibility – The buyer’s ability to secure a conventional loan with a 3% down payment was crucial in closing the deal quickly. Lenders in the region have rolled out special programs for first‑time buyers, which can shave weeks off the financing process.

7. Closing Thoughts

The sale of this two‑bedroom home in Milford is a microcosm of the broader Lehigh Valley market: an area where buyers are looking for affordable, low‑maintenance properties; sellers are willing to negotiate; and the real‑estate ecosystem—agents, title companies, and lenders—works efficiently to close deals. As the valley continues to evolve, the market will likely continue to present similar opportunities for both seasoned investors and first‑time homeowners.

For anyone looking to stay in the loop, the original article on Lehigh Valley Live not only offered a detailed transaction recap but also provided several hyperlinks—such as the property’s Zillow listing, the town’s zoning map, and the local school district’s statistics—enabling readers to dive deeper into the data. As always, prospective buyers are encouraged to do their due diligence and work closely with a reputable agent who can guide them through the intricacies of the local market.