68405, Milford, NE

Home equity is a measure of the value of a home above what is owed on the mortgage. Home prices are the price at which homes are sold in an area. Both home equity and home prices can change over time, and they are important indicators of market conditions.

In Milford, NE, home equity and home prices have been increasing over the past few years. In March 2017, the median home value was $146,000, up from $135,000 in March 2016. The median home value increased by 7% between March 2017 and March 2016. Over the same period, the national average increase in home values was 6%.

The reasons for this increase in Milford's home values are unclear. However, it may be related to increasing demand for housing in Milford as well as nationwide trends such as low interest rates and increasing stock prices. It is also possible that there has been an increase in investment opportunities in Milford since the city has seen an influx of new businesses over recent years.

While there is no guarantee that future increases in home values orhome equity will continue, it is important to keep these figures in mind when making decisions about buying or selling a property in Milford.