Is New Milford, CT 06776 a buyer’s or seller’s market?

The New Milford housing market right now

In the three months ending August 31, 2026, 39% of homes in New Milford, CT 06776 sold above their list price, the typical home went under contract in 50 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 122 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 44%, homes sold faster (56 days then) and the median sale price fell 2% to $489,788. Overall, New Milford is less competitive than a year ago, which gives buyers more room.

Within Litchfield County, homes here sell faster than in 51% of the county’s ZIP codes, and sell less often over asking than in 51%. On our competition score, New Milford ranks #177 of 197 CT ZIP codes with enough sales (score 67 out of 100).

Nearby, buyers who want less competition could look at Cornwall Bridge 06754 (0% sold over asking) or East Canaan 06024 (0% sold over asking), while Northfield 06778 (100% sold over asking) and Oakville 06779 (78% sold over asking) are even more competitive.