The housing market in Millsboro, DE is thriving and is showing no signs of slowing down. The median value of a house in Millsboro is $359,400, which is higher than the US House Median Value of $338,100. Additionally, the 1 year house appreciation in Millsboro is 11.37%, which is higher than the US 1 year House Appreciation rate of 8.27%. These figures demonstrate that the housing market in Millsboro is strong and could be a great investment for potential homeowners.
The median home cost in Millsboro is $359,400. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Millsboro is up 17.3%.
Average Age of Homes
- The median age of Millsboro real estate is 14 years old
The Rental Market in Millsboro
- Renters make up 42.1% of the Millsboro population
- 0.0% of houses and apartments in Millsboro, 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.