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Milford, DE Real Estate

Milford is a city in Sussex County, Delaware with a population of about 12,193. The median home value is near $274,600, and median rent runs around $1,182/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$274,600
Median Rent
$1,182/mo
Population
12,193
Median Income
$55,265
Median Age
41.4
Homeownership
46.5%

Monthly payment on a median Milford home

Example for a $274,600 home: 20% down, 30-yr at ~6.75%, DE property tax ~0.58%, 0.4% insurance.

Est. monthly (PITI)
$1,649
Principal & interest
$1,425
Property tax / mo
$133
Down payment (20%)
$54,920

Milford at a glance

  • 19.8% of residents 25+ hold a bachelor's degree or higher.
  • 46.5% of occupied homes are owner-occupied.
  • Median household income is $55,265.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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