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Millsboro Market Report

$463,238

AVERAGE PRICE OF 464 HOMES

$350,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,791,459

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$556,075

AVERAGE PRICE OF 90 NEWLY BUILT HOMES

$589,622

AVERAGE PRICE OF 9 HOMES WITH A POOL

$522,231

AVERAGE PRICE OF 16 REDUCED PRICE HOMES

Average Home

Average Price $463,238
Avg Bedrooms 2.63 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $139,725
2 bedrooms $214,284
3 bedrooms $375,806
4 bedrooms $599,761
5 bedrooms $817,817
Millsboro Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 449 423 422 402 412
Average Price $452,239 $471,757 $450,566 $428,513 $433,689
Avg Price Change -4.32% +4.70% +5.15% -1.21% +7.54%
Median Price $378,193 $403,965 $383,923 $365,237 $368,769
Med Price Change -6.81% +5.22% +5.12% -0.97% +9.23%
Avg Bedrooms 2.52 beds 2.53 beds 2.53 beds 2.55 beds 2.57 beds
Avg Bathrooms 2.18 baths 2.19 baths 2.18 baths 2.16 baths 2.21 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High 2 $362,500 192 days
Indian Riv 3 $395,000 26 days
Indian River 26 $349,487 72 days
Laurel 4 $125,000 108 days
Sussex Central 71 $528,359 98 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 464 $463,238 163 days
Distressed Homes 1 $350,000 47 days
Multi-Million Dollar Homes 28 $1,791,459 268 days
Newly Built Homes 90 $556,075 138 days
Homes with a Pool 9 $589,622 194 days
Reduced Price Homes 16 $522,231 63 days
Iron Valley Real Estate | Frank Hornstein Group
Frank Hornstein
17527 Nassau Commons Boulevard
Rehoboth Beach, DE 19971
302-604-4746
Cell: 302-604-4746
Office: 302-541-8787

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