The housing market in Millsboro, DE is a great investment for potential buyers. The median value of homes in Millsboro is $350,100 which is slightly higher than the US median value of $338,100. The appreciation rate for houses in Millsboro also outpaces the US average with a 1 year appreciation rate of 11.37% compared to 8.27% nationally. This makes now an ideal time to invest in the area and take advantage of these favorable conditions on the housing market.
The median home cost in Millsboro (zip 19966) is $350,100. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Millsboro (zip 19966) is up 17.3%.
Average Age of Homes
- The median age of Millsboro (zip 19966) real estate is 20 years old
The Rental Market in Millsboro (zip 19966)
- Renters make up 14.8% of the Millsboro (zip 19966) population
- 0.7% of houses and apartments in Millsboro (zip 19966), 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.