Milford, DE Housing Market

The Milford housing market is somewhat competitive. The median sale price of a home in Milford was $332K last month, up 7.1% since last year. The median sale price per square foot in Milford is $217, down 5.2% since last year.

Trends
Demand
Migration
Schools
Climate

Milford Housing Market Trends

What is the housing market like in Milford today?

$332K

Sale Price

+7.1%
since last year

$217

Sale $/Sq. Ft.

-5.2%
since last year

Under List Price

0.1%

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 24% 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 54 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for around list price and go pending in around 54 days.
Hot homes
can sell for around list price and go pending in around 33 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 52 days.
Hot homes
can sell for around list price and go pending in around 21 days.

Lewes

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 54 days.
Hot homes
can sell for around list price and go pending in around 13 days.

See more nearby cities and neighborhoods

Milford Migration & Relocation Trends

In Aug '24 - Oct '24, 61% of Milford homebuyers searched to move out of Milford, while 39% looked to stay within the metropolitan area.

Where are people moving to Milford from?

Across the nation, 0.93% 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?

39% 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		Aug '24 - Oct '24
1	Washington, DC	5,134
2	Philadelphia, PA	1,632
3	New York, NY	656
4	Allentown, PA	88
5	Harrisburg, PA	84
6	Los Angeles, CA	77
7	Boston, MA	63
8	Hartford, CT	42
9	Lancaster, PA	39
10	Chicago, IL	37

People are leaving Milford for

Outbound		Net outflow
Metros		Aug '24 - Oct '24
1	Myrtle Beach, SC	19
2	Cape Coral, FL	19
3	Knoxville, TN	6
4	Portland, ME	5
5	Rocky Mount, NC	4
6	Tucson, AZ	4
7	Charleston, SC	4
8	Greensboro, NC	4
9	Greenville, SC	2
10	Hilton Head Island, SC	2

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 NOV 22, 2024
3D WALKTHROUGH
$285,900 Last Sold Price
2 beds
2 baths
1,132 sq ft
5003K W Pebble Ln, Milford, DE 19963
(302) 227-4800
List Price
$285,900
Sale to List
0% over list
Days on Market
185 days
5003K W Pebble Ln, Milford, DE 19963
SOLD NOV 22, 2024
$374,990 Last Sold Price
4 beds
2.5 baths
1,849 sq ft
904 S Walnut St, Milford, DE 19963
(302) 514-0850
List Price
$374,990
Sale to List
0% over list
Days on Market
102 days
904 S Walnut St, Milford, DE 19963
SOLD NOV 18, 2024
$173,000
2 beds
2 baths
1,000 sq ft
68 Valley Forge Dr, Milford, DE 19963
List Price
—
Sale to List
—
Days on Market
—
68 Valley Forge Dr, Milford, DE 19963
SOLD NOV 15, 2024
$470,000 Last Sold Price
4 beds
2.5 baths
2,711 sq ft
384 E Nightingale Dr, Milford, DE 19963
(302) 567-3056
List Price
$483,999
Sale to List
3% under list
Days on Market
59 days
384 E Nightingale Dr, Milford, DE 19963
SOLD NOV 15, 2024
3D WALKTHROUGH
$439,900 Last Sold Price
3 beds
2 baths
1,813 sq ft
3 Backwater Ct, Milford, DE 19963
(302) 227-4800
List Price
$439,900
Sale to List
0% over list
Days on Market
178 days
3 Backwater Ct, Milford, DE 19963
SOLD NOV 15, 2024
$435,000 Last Sold Price
3 beds
2 baths
2,476 sq ft
7639 Central Parke Blvd, Milford, DE 19963
(302) 703-6987
List Price
$429,000
Sale to List
1% over list
Days on Market
63 days
7639 Central Parke Blvd, Milford, DE 19963
SOLD NOV 14, 2024
$95,275
—beds
—baths
—sq ft
7417 Pinwheel Dr, Milford, DE 19963
List Price
—
Sale to List
—
Days on Market
—
7417 Pinwheel Dr, Milford, DE 19963
SOLD NOV 13, 2024
$249,900 Last Sold Price
3 beds
2 baths
1,792 sq ft
12 Rogers Dr, Milford, DE 19963
(302) 217-6692
List Price
$249,900
Sale to List
0% over list
Days on Market
32 days
12 Rogers Dr, 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

New Listings in Milford

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Nearby City Listings

Rentals

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