8 hours on RocketTour
$8,550 Closing Credit¹
#DESU2082940, Georgiana Penny, Listing Office: Cape Realty
Milford South Housing Market Report March 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 March 2024
Since last year, Milford South has remained a Buyer'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
$357,495$212/SqFt
+$17,495
+5.1%
Based on all homes sold in the last 12 months
Insight
Homes in Milford South have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Milford South was $357,495 in March 2025, up 5.1% from last year, and the median price per square foot was $212.
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $225K | - | N/A |
| 22 Bedrooms | $250K | $277.4K | +11.0% |
| 33 Bedrooms | $337K | $345K | +2.4% |
| 44 Bedrooms | $450K | $400K | -11.1% |
| 55+ Bedrooms | $605K | $423.5K | -30.0% |
Summary: Milford South housing price by bedroom type for March 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 +11.0%. The home price for 3 bedroom homes increased by +2.4%. The home price for 4 bedroom homes decreased by -11.1%. The home price for 5 bedroom homes decreased by -30.0%.
How does Milford South, DE compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Milford South, DE
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 |
|---|---|---|
| 158Last MonthMar 2025 | ||
| 1222 months agoFeb 2025 | +29.5 % Change MoMFeb – Mar |
Summary: The Milford South real estate market had 158 homes for sale in Mar 2025, a 29.5 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 19Last MonthMar 2025 | ||
| 82 months agoFeb 2025 | +137.5 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 12 | 18 | +50.0% |
| 33 Bedrooms | 64 | 81 | +26.6% |
| 44 Bedrooms | 36 | 48 | +33.3% |
| 55+ Bedrooms | 10 | 11 | +10.0% |
Summary: Milford South housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +26.6%. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes increased by +10.0%.
Asking Price vs. Sold Price
How much do homes in Milford South, DE cost?
Over Asking Price2 Homes
At Asking Price5 Homes
Under Asking Price12 Homes
Insight
If you're buying a home in Milford South, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Milford South in March 2025, up by 137.5% month-over-month. Of the 19 sold homes, 63% were sold under asking, 26% were sold at asking, and and 11% 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 Days13 Homes
30 – 90 Days3 Homes
Over 90 Days3 Homes
Insight
Many homes in Milford South are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 19 homes were sold in Milford South; 68% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 36 DaysThis YearMar 2025 | ||
| 46 Days1 year agoMar 2024 | -21.0 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Milford South had an average listing age of 36 days in Mar 2025, down by 21.0% compared to the previous year.
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Newest Listings in Milford South, DE
What homes are available in Milford South, DE?
1 day on Rocket
$4,453 Closing Credit¹
#DESU2080776, Elizabeth Reagan, Listing Office: Northrop Realty
1 day on Rocket
$7,113 Closing Credit¹
#DESU2082932, Crystal Kenton Lynch, Listing Office: The Watson Realty Group, LLC
1 day on Rocket
$3,621 Closing Credit¹
#DESU2082902, Lisa Mathena, Listing Office: The Lisa Mathena Group, Inc.
2 days on Rocket
$4,393 Closing Credit¹
#DESU2082792, Tracy M. Deiter, Listing Office: Woodburn Realty
2 days on Rocket
$4,749 Closing Credit¹
#DESU2082748, Barbara K Heilman, Listing Office: Delaware Homes Inc
2 days on Rocket
$5,461 Closing Credit¹
#DESU2082738, Larry Wirick II, Listing Office: Century 21 Gold Key-Dover
2 days on Rocket
$4,749 Closing Credit¹
#DESU2082688, Doreen A. Sawchak, Listing Office: RE/MAX Associates-Hockessin
3 days on RocketTour
$10,000 Closing Credit¹
#DESU2082558, James A Blackwell, Listing Office: Blackwell Real Estate, LLC
4 days on Rocket
$5,461 Closing Credit¹
#DESU2082568, Larry Wirick II, Listing Office: Century 21 Gold Key-Dover
4 days on Rocket
#DESU2082524, Margaret Poisson, Listing Office: Century 21 Gold Key-Dover
4 days on Rocket
$5,106 Closing Credit¹
#DESU2082468, Katriana Evelyne Brennan, Listing Office: The Parker Group
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 04/01/2023 - 04/01/2025
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: 4/4/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.