New - 13 hours on Rocket
$4,572 Closing Credit¹
#DESU2080234, Tineshia R. Johnson, Listing Office: NVR Services, Inc.
Milford South Housing Market Report February 2025•Sussex County, Delaware
Housing Prices in Milford South, DE
How much do homes in Milford South, DE cost?
Housing Market Conditions
Is Milford South, DE a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Milford South is a Buyer's Market
Difference Since February 2024
At the same time last year, Milford South was a Seller's Market.
Insight
Milford South is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$359,997$212/SqFt
+$11,047
+3.2%
Based on all homes sold in the last 12 months
Insight
Homes in Milford South have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Milford South was $359,997 in February 2025, up 3.2% from last year, and the median price per square foot was $212.
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $305K | $110K | -63.9% |
| 22 Bedrooms | $249.5K | $275K | +10.2% |
| 33 Bedrooms | $344K | $349K | +1.5% |
| 44 Bedrooms | $402.5K | $410K | +1.9% |
| 55+ Bedrooms | $439K | $432.8K | -1.4% |
Summary: Milford South housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -63.9%. The home price for 2 bedroom homes increased by +10.2%. The home price for 3 bedroom homes increased by +1.5%. The home price for 4 bedroom homes increased by +1.9%. The home price for 5 bedroom homes decreased by -1.4%.
Housing supply in Milford South, DE
How many homes are available in Milford South, DE?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 133Last MonthFeb 2025 | ||
| 1192 months agoJan 2025 | +11.8 % Change MoMJan – Feb |
Summary: The Milford South real estate market had 133 homes for sale in Feb 2025, a 11.8 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 17Last MonthFeb 2025 | ||
| 202 months agoJan 2025 | -15.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 13 | 13 | 0.0% |
| 33 Bedrooms | 69 | 72 | +4.3% |
| 44 Bedrooms | 29 | 37 | +27.6% |
| 55+ Bedrooms | 8 | 11 | +37.5% |
Summary: Milford South housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +4.3%. The inventory for 4 bedroom homes increased by +27.6%. The inventory for 5 bedroom homes increased by +37.5%.
Asking Price vs. Sold Price
How much do homes in Milford South, DE cost?
Over Asking Price4 Homes
At Asking Price4 Homes
Under Asking Price9 Homes
Insight
If you're buying a home in Milford South, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Milford South in February 2025, down by 15.0% month-over-month. Of the 17 sold homes, 53% were sold under asking, 24% were sold at asking, and and 24% were sold over asking.
Days on Market for Milford South, DE
How long does it take to sell a home in Milford South, DE?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days7 Homes
Over 90 Days3 Homes
Insight
Many homes in Milford South are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 17 homes were sold in Milford South; 41% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 79 DaysThis YearFeb 2025 | ||
| 58 Days1 year agoFeb 2024 | +36.4 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Milford South had an average listing age of 79 days in Feb 2025, up by 36.4% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Milford South, DE
What homes are available in Milford South, DE?
Coming soon
$3,681 Closing Credit¹
#DESU2080106, Kathryn Hanlon Pridmore, Listing Office: Northrop Realty
Coming soon
$6,294 Closing Credit¹
#DESU2080046, GEORGE EHRMANN, Listing Office: Coldwell Banker Premier - Milford
New - 2 days on Rocket
#DESU2079948, Shalini Sawhney, Listing Office: Burns & Ellis Realtors
Coming soon
$8,906 Closing Credit¹
#DESU2079732, Isha Iqbal, Listing Office: Century 21 Gold Key Realty
Coming soon
$5,926 Closing Credit¹
#DESU2080022, Kelly DeMott, Listing Office: EXP Realty, LLC
New - 3 days on Rocket
$831 Closing Credit¹
#DESU2080012, Jamie Elizabeth Taraila, Listing Office: Keller Williams Realty Central-Delaware
New - 3 days on Rocket
$4,513 Closing Credit¹
#DESU2075056, Kimberly R Rivera, Listing Office: Keller Williams Realty Central-Delaware
Coming soon
$6,591 Closing Credit¹
#DESU2079932, Sherry Ternahan, Listing Office: Crowley Associates Realty
New - 5 days on Rocket
$4,869 Closing Credit¹
#DESU2067848, Jaime Hurlock, Listing Office: Long & Foster Real Estate, Inc.
New - 5 days on Rocket
$4,750 Closing Credit¹
#DESU2067866, Jaime Hurlock, Listing Office: Long & Foster Real Estate, Inc.
New - 5 days on Rocket
$2,719 Closing Credit¹
#DESU2079572, ANTHONY SACCO, Listing Office: RE/MAX Associates
Popular Cities with Homes for Sale in Delaware
- Homes for sale in Brandywine, DE
- Homes for sale in Dover, DE
- Homes for sale in Glasgow, DE
- Homes for sale in Lewes, DE
- Homes for sale in Middletown, DE
- Homes for sale in Milford, DE
- Homes for sale in Millsboro, DE
- Homes for sale in Milton, DE
- Homes for sale in Newark, DE
- Homes for sale in New Castle, DE
- Homes for sale in Ocean View, DE
- Homes for sale in Piedmont, DE
- Homes for sale in Rehoboth Beach, DE
- Homes for sale in Smyrna, DE
- Homes for sale in Wilmington, DE
MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 03/01/2023 - 03/01/2025
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 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: 3/4/2025, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.