Did Milford home values bottom out in 2012?
The average house in Milford fell to $262,841 last year. This value dropped about 1.68 percent. Every type of property in Milford fell last year, except triple-family structures.
This was one of the reasons the tax rate rose.
A recent Boston.com analysis, of property values in eastern Massachusetts communities, shows how far Milford dropped over the past six years, since the peak of the real estate market.
Boston.com found Milford was among the 20 communities with the steepest drops in value. Milford came in at No. 14, with a six-year, 23.72 percent decline in value.
Other towns on the list: Hudson, Carver, Wareham, Brockton and Middleborough.