States · Delaware · Kent County

Milford, Delaware.

Typical home $343,215 (+0.3% in a year), asking rent $1,902 . Dover, DE metro.

What it costs per month · Milford $1,801/mo

to buy the typical home at today's mortgage rate — +$967 (+116%) since Jan 2020.

What the home itself did
1 year
Up $1,033 +0%
$342,181$343,215 since Sep 2025
5 years
Up $57,852 +20%
$285,362$343,215 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Milford $1,801 Delaware $2,126 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Milford$1,801
  • Delaware$2,126
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 19 years.

Typical home values in Milford, DE rose 0.3% over the past year — slower than the nation's +1.2%.

Living in Milford, Kent County, Delaware

Milford is a city of 11,190 people in Kent County. Half its households earn more than $59,464 a year and half less, against $74,477 across Kent County; 17% of its people live below the poverty line. 51% of its homes are lived in by their owners and 49% are rented. Unemployment in Kent County was 5.5% in August 2026, and the county had 0.2% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then shops.

People 11,190 in the 2020 census; median age 41.9
Household income $59,464 the median, give or take $4,147 · Kent County: $74,477
Unemployment 5.5% Kent County, August 2026; 6.2% a year before
Homes 51% lived in by their owners; 49% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Milford is a small city in Kent County, with a population that skews a little older than a typical American community. Incomes run below the county's, and more households here rent than across the county as a whole. A four-year degree is less common among adults than in many places, and winters are cold while summers turn warm, with some snow and a fair amount of rain through the year.

Work. Residents work mostly in schools, hospitals and social care, with shops, factories, and restaurants and hotels also employing many people. Among the larger workplaces in Milford are Perdue Foods, the Milford School District and Walmart. The usual trip to work is a moderate one, and few people work from home, though joblessness across Kent County has been a little lower than a year earlier.

Things to do. Water is close at hand, with Silver Lake and Haven Lake, both reservoirs in or beside town, and Swan Creek, a river that runs through the area. A short drive away are Killens Pond State Park and Prime Hook National Wildlife Refuge, both protected areas for walking and watching wildlife. Dover Motor Speedway, a race track, is a longer drive away.

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  • 5,560households
  • 28%of adults have a degree
  • 17%below the poverty line
  • 23 mintypical commute
  • 8%work from home

What residents work in

  • Schools, hospitals and social care26%
  • Shops (retail)14%
  • Manufacturing12%
  • Restaurants, hotels and entertainment9%
  • Building trades9%
  • Professional and business services8%

Employed residents by industry, from the Census survey. Kent County had 70,905 jobs in 2025, 0.2% fewer than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 44° and 25°; warmest in July, 87° and 67° 20° 40° 60° 80° J 44° 25° F M A M J J 87° 67° A S O N D
Average daily high and low for each month: coldest in January, 44° and 25°; warmest in July, 87° and 67° 20° 40° 60° 80° J 44° 25° F M A M J J 87° 67° A S O N D

Coldest in January, with highs near 44° and lows near 25°; warmest in July, with highs near 87° and lows near 67°. About 13 inches of snow and 46 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Greenwood 2NE weather station, 10 miles away (NOAA).

Largest workplaces in Milford

  1. Perdue FoodsPoultry processing1,444
  2. Milford School DistrictSchool district460FTE
  3. WalmartWarehouse clubs and supercenters372
  4. Dentsply Sirona - MilfordDental impression materials manufacturing295
  5. Kent-Sussex IndustriesWorkshops for persons with disabilities181
  6. Sea Watch InternationalChowders, seafood, manufacturing173
  7. PerdueBuilding cleaning services, janitorial110
  8. Burris LogisticsRefrigerated warehousing82

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 20 workplaces with 20 or more staff, 3,246 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. Cold wavesRelatively high
  2. Winter weatherRelatively high
  3. HurricanesRelatively high
  4. Heat wavesRelatively moderate
  5. Strong windRelatively moderate
  6. Inland floodingRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Milford’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Kent County and the Dover, DE metro.

Milford home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$200,000 $300,000 $400,000 2018 2020 2022 2024 2026 Milford $343,215 Delaware $405,061 United States $366,157
$200,000 $300,000 $400,000 2018 2022 2026
  • Milford$343,215
  • Delaware$405,061
  • United States$366,157
Property tax, 2026 roll $849/yr median bill inside Milford, effective 0.27% of estimated value — current assessment rolls, AssessorSearch Data Lab, quality-gated against the county's official figures

Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.

Sellers are cutting prices on about 1 in 3 Milford listings, and the typical home goes pending in 28 days — the market is roughly in balance.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Share of listings with a price cut

The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.

10% 20% 30% 40% 2018 2019 2020 2021 2022 2023 2024 2025 2026 Milford 29.48% United States 26.90%
10% 20% 30% 40% 2018 2022 2026
  • Milford29.48%
  • United States26.90%

Days to pending

How long the typical listing takes to go under contract.

20 25 30 2026 Milford 28 United States 24
20 25 30 2026
  • Milford28
  • United States24

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

50 100 150 2018 2019 2020 2021 2022 2023 2024 2025 2026 Milford 110
50 100 150 2018 2022 2026
  • Milford110

New listings per month

Sellers arriving at the market.

20 30 40 2018 2019 2020 2021 2022 2023 2024 2025 2026 Milford 34
20 30 40 2018 2022 2026
  • Milford34

Median sale price

What buyers actually paid — closed sales, not asking prices.

$320,000 $340,000 $360,000 2026 Milford $331,892 United States $371,407
$320,000 $340,000 $360,000 2026
  • Milford$331,892
  • United States$371,407

Sale-to-list ratio

Above 100%, homes sell over asking; below, buyers negotiate wins.

98.0% 98.5% 99.0% 2026 Milford 98.67%
98.0% 98.5% 99.0% 2026
  • Milford98.67%

Zip codes with a Milford address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Milford — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Milford