Home Values

Milford Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Milford is $125, which is lower than the Seaford Metro average of $152. The median price of homes currently listed in Milford is $207,990 while the median price of homes that sold is $165,529. The median rent price in Milford is $1,300, which is higher than the Seaford Metro median of $1,250.

Foreclosures will be a factor impacting home values in the next several years. In Milford 2.8 homes are foreclosed (per 10,000). This is lower than the national value of 4.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Milford is 6.8%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Milford homeowners underwater on their mortgage is 21.9%.

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Relative ZHVI
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Milford Market Overview

Data through Oct 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $207,990 Median listing price
  • $165,529 Median sale price
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Milford Market Health

Data through Oct 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 21.9% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.8 homes Milford
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Highland Acres $196,900
Kent Acres $164,500
Houston $148,300
Name Median ZHVI
Felton $146,000
Magnolia $140,800
Harrington $128,400
Name Median ZHVI
Camden $127,000
Rodney Village $108,000
 

Listings & Sales

Data through Oct 31, 2014
  • $125 Median list price / sq ft
  • $99 Median sale price / sq ft
  • 31.2% Listings with price cut
20.1%
Sold below listing
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Milford Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,231 Milford
    $1,332 Seaford Metro
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No recent data Rent list price
  • No data Rent list price / sq ft
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