Milford, DE Housing Market

Homes for sale

The Milford housing market is somewhat competitive. The median sale price of a home in Milford was $363K last month, up 36.8% since last year. The median sale price per square foot in Milford is $202, up 8.6% since last year.

Trends
Demand
Migration
Schools
Climate

Milford Housing Market Trends

What is the housing market like in Milford today?

$363K

Sale Price

+36.8%
since last year

$202

Sale $/Sq. Ft.

+8.6%
since last year

Under List Price

0.5%

Days on Market

Down Payment

3.5%

Total Homes Sold

To compare other locations to the Milford and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Milford's median sale price is 16% lower than the national average. Overall cost of living in Milford is 2% higher than the national average. Learn which home features in Milford add value to a home.

Work with the best agents in Milford

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How hot is the Milford housing market?

Milford is somewhat competitive. Homes sell in 58 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 58 days.
Hot homes
can sell for around list price and go pending in around 35 days.

Compare With Nearby Cities

Rehoboth Beach

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 58 days.
Hot homes
can sell for around list price and go pending in around 27 days.

Lewes

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 56 days.
Hot homes
can sell for around list price and go pending in around 24 days.

See more nearby cities and neighborhoods

Milford Migration & Relocation Trends

In Sep '24 - Nov '24, 62% of Milford homebuyers searched to move out of Milford, while 38% looked to stay within the metropolitan area.

Where are people moving to Milford from?

Across the nation, 0.87% of homebuyers searched to move into Milford from outside metros.
Washington homebuyers searched to move into Milford more than any other metro followed by Philadelphia and New York.

Where are people from Milford moving to?

38% of Milford homebuyers searched to stay within the Milford metropolitan area.
Myrtle Beach was the most popular destination among Milford homebuyers followed by Cape Coral and Knoxville.

Number of People Moving to Milford

least

most

People are moving to Milford from

Inbound		Net inflow
Metros		Sep '24 - Nov '24
1	Washington, DC	4,673
2	Philadelphia, PA	1,482
3	New York, NY	592
4	Allentown, PA	85
5	Harrisburg, PA	79
6	Los Angeles, CA	74
7	Boston, MA	64
8	Chicago, IL	45
9	Hartford, CT	41
10	Lancaster, PA	34

People are leaving Milford for

Outbound		Net outflow
Metros		Sep '24 - Nov '24
1	Myrtle Beach, SC	16
2	Cape Coral, FL	12
3	Knoxville, TN	9
4	Portland, ME	5
5	Jacksonville, FL	4
6	Tucson, AZ	3
7	Charleston, SC	3
8	Columbia, SC	3
9	Greensboro, NC	3
10	Greenville, SC	3

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

View houses in Milford that sold recently

Recently sold homes

SOLD DEC 20, 2024
$410,000 Last Sold Price
3 beds
2.5 baths
1,896 sq ft
3 Pond Dr, Milford, DE 19963
(302) 677-0020
List Price
$410,000
Sale to List
0% over list
Days on Market
27 days
3 Pond Dr, Milford, DE 19963
SOLD DEC 20, 2024
$386,000 Last Sold Price
3 beds
2 baths
1,761 sq ft
831 Log Cabin Rd, Milford, DE 19963
(302) 313-1600
List Price
$396,000
Sale to List
3% under list
Days on Market
113 days
831 Log Cabin Rd, Milford, DE 19963
SOLD DEC 20, 2024
$220,000 Last Sold Price
3 beds
2 baths
2,090 sq ft
414 NW Front St, Milford, DE 19963
(302) 741-4545
List Price
$220,000
Sale to List
0% over list
Days on Market
72 days
414 NW Front St, Milford, DE 19963
SOLD DEC 20, 2024
$310,000 Last Sold Price
3 beds
2 baths
1,456 sq ft
20 W Yorktown Rd, Milford, DE 19963
(302) 645-2881
List Price
$315,000
Sale to List
2% under list
Days on Market
102 days
20 W Yorktown Rd, Milford, DE 19963
SOLD DEC 20, 2024
$310,000 Last Sold Price
4 beds
3 baths
1,700 sq ft
17 Sunset Ln, Milford, DE 19963
(855) 450-0442
List Price
$300,000
Sale to List
3% over list
Days on Market
123 days
17 Sunset Ln, Milford, DE 19963
SOLD DEC 19, 2024
$485,000 Last Sold Price
5 beds
4.5 baths
3,840 sq ft
12 Big Pond Dr, Milford, DE 19963
(302) 539-9040
List Price
$525,000
Sale to List
8% under list
Days on Market
87 days
12 Big Pond Dr, Milford, DE 19963
SOLD DEC 19, 2024
$240,000 Last Sold Price
2 beds
1.5 baths
1,516 sq ft
210 N Walnut St, Milford, DE 19963
(302) 360-0300
List Price
$249,000
Sale to List
4% under list
Days on Market
167 days
210 N Walnut St, Milford, DE 19963
SOLD DEC 13, 2024
3D WALKTHROUGH
$307,000 Last Sold Price
3 beds
2.5 baths
1,365 sq ft
902 S Walnut St, Milford, DE 19963
(302) 514-0850
List Price
$319,990
Sale to List
4% under list
Days on Market
123 days
902 S Walnut St, Milford, DE 19963
See all recently sold homes in Milford.
See listings

Schools in Milford

Learn about schools in the Milford area

Elementary
Middle
High

GreatSchools Rating

7/10 Ross (lulu M.) Elementary School Public • 1-5	652 Students	3 reviews
6/10 Banneker (benjamin) Elementary School Public • 1-5	464 Students	N/A
4/10 Mispillion Elementary Public • 1-5	514 Students	N/A
NR Milford Ilc Public • PreK-12	85 Students	N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Milford housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Milford.

Wind Factor - Severe

97% of properties are at severe risk of a severe wind event over the next 30 years

Heat Factor - Severe

100% of properties are at severe risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Milford

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Rentals

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