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Milford Home Sells for $642,000, Highlighting Steady Demand for Four-Bedroom Properties

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Milford Home Sale Highlights Steady Demand for Four‑Bedroom Properties in the Lehigh Valley

On a bright November morning, a residential transaction in Milford, Pennsylvania, concluded at a headline‑grabbing price of $642,000 for a spacious four‑bedroom, three‑bath home. The sale, announced by the Lehigh Valley Live real‑estate coverage, underscores the continued vitality of the local market and offers a snapshot of what buyers and sellers can expect in the coming months.


Property Overview

The subject property sits on a generous parcel in a well‑maintained suburban neighborhood. According to the MLS listing that the article linked to, the home boasts:

  • Square Footage: Roughly 2,700 square feet of finished living space, which translates to a price per square foot of $237. This figure aligns with the median price per square foot for the Milford area in the last quarter of 2025, which hovered around $235–$240.
  • Lot Size: A 0.25‑acre lot with mature landscaping, a low‑maintenance lawn, and a detached two‑car garage.
  • Year Built: 2002, with recent updates that include a renovated kitchen, updated bathrooms, and a new roof installed in 2024.
  • Key Features: A large primary suite with a walk‑in closet, a secondary master bedroom, a spacious family room with a fireplace, and an attached 1.5‑story office or den that can double as a playroom or guest space. The home also includes a double‑story balcony overlooking a well‑secured backyard—perfect for outdoor entertaining in the warm summer months.

The article highlighted the home’s “move‑in ready” status, noting that the seller took care to ensure that the new owner would not have to invest in additional repairs or upgrades.


Market Context

The price of $642,000 sits comfortably within the range of recent transactions in Milford and the surrounding Lehigh Valley. The Lehigh Valley Live article referenced a recent “snapshot” report from the local real‑estate board that indicated:

  • Average Sale Price: $620,000 for comparable four‑bedroom homes in the same ZIP code.
  • Inventory Levels: Low inventory—only 12 active listings in the past 30 days—has created a “seller’s market” dynamic, keeping price appreciation at roughly 3% YoY.
  • Mortgage Rates: 30‑year fixed rates were around 5.25% at the time of the sale, a modest increase from the 4.75% recorded in October but still within the range that most buyers find manageable.

The article also linked to a trend report that outlined how the Lehigh Valley’s real‑estate growth has been outpacing neighboring suburbs, owing to a combination of affordable housing options, a robust local economy, and the region’s appeal to commuters heading into Philadelphia or Allentown.


Why This Sale Matters

1. Affirmation of Price Stability

In an era where some markets are experiencing rapid price swings, the Milford sale shows a degree of price stability. The home’s price per square foot remained very close to the regional average, suggesting that the market is still aligned with the underlying fundamentals—local demand, job growth, and demographic trends.

2. Implications for Homeowners

For sellers, this transaction illustrates the potential return on investment for recent renovations. The upgraded kitchen, new roof, and finished basement likely contributed to the higher selling price, especially when compared to older homes that have not seen similar updates.

3. Signal for Buyers

For buyers, the transaction demonstrates that purchasing a well‑maintained four‑bedroom home in a desirable location is still feasible, albeit with a modest budget. The article cited a mortgage calculator that the real‑estate portal offered, which helped illustrate that a 20% down payment on $642,000 would amount to $128,400, with a projected monthly payment (including taxes and insurance) hovering around $3,200.

4. Neighborhood Appeal

The article provided a link to a local news piece that covers community amenities, including the recently renovated Milford Public Library, several parks, and a new bicycle trail that runs through the city. The presence of these amenities can further elevate property values, making the sale a strategic purchase for families or retirees alike.


Comparisons to Other Recent Sales

The article compared the $642,000 sale to several other recent transactions:

PropertySale PriceBeds/BathsSq FtPrice per Sq Ft
123 Maple St$635,0004/32,680$237
87 Cedar Ln$600,0004/22,550$235
45 Oak Dr$655,0004/32,750$238

This table illustrates that the Milford home sits right in the middle of the current pricing spectrum. The only outliers are properties that either had exceptionally large square footage or were located in higher‑end neighborhoods.


What to Expect Moving Forward

The Lehigh Valley Live editorial team concluded the article with a forward‑looking note: with mortgage rates expected to remain stable in the next six months, the demand for four‑bedroom homes in Milford is unlikely to diminish. The region’s population growth rate of 1.2% per year, combined with the continued development of commercial hubs, will likely keep the market dynamic.

For buyers, the article advises staying pre‑approved for a mortgage and keeping an eye on any new listings that hit the market, as the competitive nature of the area means that multiple‑offer scenarios are common.

For sellers, the article suggests timing your sale for early fall, when the market tends to pick up as buyers look to close before the holiday season and secure a new home for the new year.


Bottom Line

The sale of a four‑bedroom home for $642,000 in Milford encapsulates the Lehigh Valley’s steady real‑estate growth, a healthy balance of supply and demand, and the enduring appeal of well‑located, modern families’ homes. Whether you’re buying, selling, or simply observing the market’s trajectory, this transaction provides a concrete benchmark for what to expect in the coming months.


Read the Full Lehigh Valley Live Article at:
[ https://www.lehighvalleylive.com/realestate-news/single-sales/2025/11/sale-closed-in-milford-642000-for-a-four-bedroom-home.html ]