Home Values

Millsboro 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 Millsboro is $126, which is lower than the Seaford Metro average of $153. The median price of homes currently listed in Millsboro is $243,700 while the median price of homes that sold is $228,077.

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 Millsboro is 9.1%, which is higher than the national value of 6.4%. 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 Millsboro homeowners underwater on their mortgage is 11.5%.

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Relative ZHVI
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Millsboro Market Overview

Data through Jan 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $243,700 Median listing price
  • No recent data Median sale price
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Millsboro Market Health

Data through Jan 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 11.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 9.1% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Bishopville $306,100
Willards $123,700
 

Listings & Sales

Data through Jan 31, 2015
  • $126 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
36.4%
Sold below listing
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Millsboro Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,378 Millsboro
    $1,385 Seaford Metro
    $1,350 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 data Rent list price
  • No data Rent list price / sq ft
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