#DEKT2034556, DANA BYRD, Listing Office: First Coast Realty LLC
Milford North Housing Market Report January 2025•Kent County, Delaware
Housing Prices in Milford North, DE
How much do homes in Milford North, DE cost?
Housing Market Conditions
Is Milford North, DE a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Milford North is a Buyer's Market
Difference Since January 2024
At the same time last year, Milford North was a Seller's Market.
Milford North is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Milford North have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Milford North was $366,750 in January 2025, up 9.5% from last year, and the median price per square foot was $191.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $289K | N/A |
22 Bedrooms | $194.9K | $242K | +24.1% |
33 Bedrooms | $330K | $330K | 0.0% |
44 Bedrooms | $404K | $424.4K | +5.1% |
55+ Bedrooms | $466.7K | $380K | -18.6% |
Summary: Milford North housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +24.1%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +5.1%. The home price for 5 bedroom homes decreased by -18.6%.
Housing supply in Milford North, DE
How many homes are available in Milford North, DE?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
56Last MonthJan 2025 | ||
562 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Summary: The Milford North real estate market had 56 homes for sale in Jan 2025, the same as Dec 2024
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
6Last MonthJan 2025 | ||
122 months agoDec 2024 | -50.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 9 | 7 | -22.2% |
33 Bedrooms | 30 | 29 | -3.3% |
44 Bedrooms | 16 | 18 | +12.5% |
55+ Bedrooms | 1 | 2 | +100.0% |
Summary: Milford North housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -22.2%. The inventory for 3 bedroom homes decreased by -3.3%. The inventory for 4 bedroom homes increased by +12.5%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Milford North, DE cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price4 Homes
If you're buying a home in Milford North, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Milford North in January 2025, down by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and and 0% were sold over asking.
Days on Market for Milford North, DE
How long does it take to sell a home in Milford North, DE?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days3 Homes
Most homes in Milford North are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 6 homes were sold in Milford North; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
68 DaysThis YearJan 2025 | ||
25 Days1 year agoJan 2024 | +166.7 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Milford North had an average listing age of 68 days in Jan 2025, up by 166.7% compared to the previous year.
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Newest Listings in Milford North, DE
What homes are available in Milford North, DE?
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 02/01/2023 - 02/01/2025
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/4/2025, 11:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.