Median price for residential apartments in Milford, DE as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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150 Milford, DE 19963, USA apartments for sale
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Milford
According to statistics, the population in Milford, DE amounts to 10,645, which shows growth 1% compared to the previous year. The median age of the city’s residents is 37. The average household income is $52,576, shifting growth 11% from the past year, and the average property value in Milford, DE growth 3% to $179,600 throughout the year.
| Population | 10,645 |
| Median Age | 36.6 |
| Poverty Rate | 17% |
| Household Income | $52,576 |
| Number Of Employees | 4,659 |
| Median Property Value | $179,600 |
Household Income
The average household income in Milford, DE grew from $47,557 to $52,576 in the past year. This data is an estimate based upon 4,020 households in Milford, DE . The chart below presents how household income is distributed in Milford, DE in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Milford, DE shifted from $174,900 to $179,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Milford, DE in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Milford, DE properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Milford, DE compared to median property taxes around the country. The prevalent amount of property taxes in Milford, DE equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Milford, DE 19963, USA
Average apartment sale in Milford: $452,970 (-2.1%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $2,900,000 | +0% |
| 2-bed apartments | $279,241 | +0% |
| 3-bed apartments | $368,492 | -1.5% |
| 4+ bed apartments | $419,237 | +5.1% |
During Jan 2023, the average price for an apartment in/near Milford, DE decreased by 2.1% to $452,970.
The average price of the land for sale in Milford, DE has not changed significantly since last month, being $2,900,000. Asking price for 2-bed apartment also increased by 0% and a place of this size will now cost you $279,241. A 3-bed apartment goes for $368,492, it decreased by 1.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 5.1% and made it up to $419,237.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Townhouses for sale | $275,000 | +0% |
| Lofts for sale | $347,990 | +0% |
| Condos for sale | $233,865 | +5.4% |
| Land for sale | $2,900,000 | +0% |
| Houses for sale | $381,530 | -0.1% |
Price reports demonstrate that house price decreased by 0.1% this month making it up to $381,530. Condos are really in demand in this season. The median price for a condo increased by 5.4%, it’s now available for $233,865. The price statistics of lofts have not significantly changed, it now still goes for $347,990. Value of the townhouses didn’t change, the price still starts at $275,000. The average price of the land for sale in formattedAddress% has not changed significantly since last month, being $2,900,000.
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