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Area data

Milford, VA — ZIP 22514

Population: 2,290 (Census ACS)

The typical home value in ZIP 22514 (Milford, VA) is $344,744 — up 6.4% over the past year. Homes sell for a median $382,500 after a median 34 days on market. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with drought the top-rated hazards. Cost of living is 1.1% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$344,744

Typical home value

+6.4%

1-year change

34

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Typical home value
$344,744
1-year appreciation
+6.4%
3-year appreciation
+12.6%
5-year appreciation
+28.3%
10-year appreciation
+91.4%
Peak value since 2000 (Aug 2026)
$344,744
House Price Index (state)
439.0 (+3.0% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$382,500
Median list price
$334,500
Median price per sqft
$213
1-year sale-price change
+16.0%
Median days on market
34 days
Homes sold (recent period)
8
For-sale inventory
7
Sale-to-list ratio
99.3%
Active listings
5
New listings (monthly)
3

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$866/mo
1BR fair-market rent
$1,028/mo
2BR fair-market rent
$1,244/mo
3BR fair-market rent
$1,723/mo
4BR fair-market rent
$2,079/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
101.1 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1
Avg student-teacher ratio
14.3 : 1
Schools include
Caroline Middle, Bowling Green Elementary, Caroline High

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
drought
Notable hazard ratings (county)
drought: Relatively Moderate · tornado: Relatively Low · heat wave: Relatively Low · hurricane: Relatively Low · lightning: Relatively Low · earthquake: Relatively Low
Wildfire risk to homes (county)
Higher than 29% of US counties
Buildings in wildfire direct-exposure zone
86.8%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
L.A. Clarke & Son (20.4 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
58.0°F
Average high
69.0°F
Average low
47.0°F
Annual precipitation
45.8 in
USDA plant hardiness zone
7b (extreme annual low 5 to 10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
35
Days with Good air quality
235
Days with Moderate air quality
8
Highest AQI recorded (year)
74

Source: EPA annual air quality index (county-level)

Amenities

National parks within ~60 mi
15
Nearest national park
George Washington Birthplace National Monument (23 mi)
National parks include
George Washington Birthplace National Monument, Fredericksburg & Spotsylvania National Military Park, Maggie L Walker National Historic Site
Airports within 30 mi
29
Nearest airport
Mary Walker LZ Airport (APH) (7 mi)
Nearest major airport
Richmond International Airport (RIC) (33 mi)
Hospitals in or near this ZIP
16
Hospitals include
MEDSTAR SAINT MARY'S HOSPITAL, UNIVERSITY OF MD CHARLES REGIONAL MEDICAL CENTER, CALVERTHEALTH MEDICAL CENTER
Avg hospital rating (CMS)
3.9 / 5
Best hospital rating nearby (CMS)
5.0 / 5
EV charging stations (within 10 mi)
11
Solar radiation rating
Fair (4.2 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
+288 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1971
Housing built before 1970
47.8%
Housing built 2000 or later
16.0%
Median annual property tax
$1,385
Mean commute to work
34 min
Households with broadband internet
43.6%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
5,160
Average weekly wage
$914
Top industries (by employment)
Accommodation & Food, Construction, Wholesale Trade
Annual residential building permits (county)
224

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 22514State medianUS median
Typical home value$344,744$327,706$288,527
Median sale price$382,500$380,000$325,000
Median days on market34 days35 days51 days
Median annual property tax$1,385$1,619$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in ZIP 22514?
$344,744.
What is the median sale price in ZIP 22514?
$382,500.
How long do homes take to sell in ZIP 22514?
Median days on market: 34 days.
What is typical rent in ZIP 22514?
2-bedroom fair-market rent: $1,244/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 22514?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: drought.
What is the wildfire risk in ZIP 22514?
Risk to homes is higher than 29% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 22514?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 22514?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 22514?
3 schools (1 elementary, 1 middle, 1 high) (NCES, 2024-25).
What is the air quality in ZIP 22514?
Good. Median AQI: 35. (EPA AQI).
What is the cost of living in ZIP 22514?
Regional Price Parity: 101.1 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents