Milford, DE Real Estate

According to census data in the year 2000 there were 2,918 housing units in Milford. This represents a 12.2% growth from 2,601 in 1990.

Of those housing units, 2,889 were located in either urbanized areas or urban clusters, and 29 were located in what is classified as a rural area.

Homeownership rate in Milford is about 52%. Milford's vacancy rate, including seasonal lodging, is about 5.7%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Milford were built after 1964.


Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom14.20%
Two Bedrooms33.30%
Three Bedrooms36.40%
Four Bedrooms12.20%
Five Bedrooms or more2.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1956
Median Value of occupied units$93,000
Median Price asked for vacant units$29,700

Rented Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1975
Median Monthly Rent asked for vacant units$488

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage3.50%
Home Equity Loan7.50%
Simple Mortgage47.50%
Debt Free41%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%