Milford, DE is a great place to live in terms of housing. The median value of housing here is $297,500 which is slightly lower than the US House median value of $338,100. Despite this difference, Milford has seen an impressive 11.37% appreciation rate in one year’s time — more than the US house's 8.27%. This strong appreciation rate speaks to Milford's growing popularity and status as a desirable place to live for many people.
The median home cost in Milford is $297,500. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Milford is up 17.3%.
Average Age of Homes
- The median age of Milford real estate is 37 years old
The Rental Market in Milford
- Renters make up 31.7% of the Milford population
- 1.3% of houses and apartments in Milford, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.