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Preforeclosure Homes in Millsboro, DE

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Millsboro, DE Foreclosures

How much do homes sell for in Millsboro, DE?
The average home price is currently $409,797.
In Millsboro, DE, how many homes are available?
There are currently 19 active home listings available in Millsboro.
What’s the average rental cost in Millsboro, DE?
The average rental price in Millsboro is $1,489.
What is the most expensive home in Millsboro?
The most expensive home sold in Millsboro had a price of $58,714,140.
What is currently the cheapest priced home in Millsboro, DE?
The cheapest home for sale in Millsboro is priced at $11,850.

Living in Millsboro, DE

Millsboro, DE, is a quaint small town with a warm community vibe that offers residents a mix of suburban comfort and scenic rural beauty. The area is surrounded by natural beauty, including nearby lakes and parks, making it an attractive option for outdoor enthusiasts. With convenient access to local amenities and a family-friendly environment, Millsboro is an ideal place to call home.

Current Market Conditions in Millsboro, DE

The real estate market in Millsboro is currently experiencing a steady increase in home prices, driven by a surge in interest from out-of-state buyers looking for vacation homes and retirees seeking a peaceful lifestyle. The demand for properties in this area is strong, with low inventory leading to competitive bidding in some neighborhoods.

Home Value Estimator For Millsboro, DE

There are currently 18,569 real estate properties in Millsboro, DE, with a median automated valuation model (AVM) price of $358,004.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Millsboro, DE, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Millsboro, DE, is $409,797.00, with the most expensive house in Millsboro, DE, topping out at $58,714,140.00 and the cheapest home in Millsboro, DE, clocking in at $11,850.00. In other words, there’s something for every potential homebuyer or savvy investor in Millsboro, DE!

Rent Prices In Millsboro, DE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Millsboro, DE, is on a rollercoaster ride. The average rent price in Millsboro, DE, is $1,489.00. Indeed, when looking to rent in Millsboro, DE, you can expect to pay as little as $880.00 or as much as $2,940.00, with the average rent median estimated to be $1,470.00. The good news is that finding an affordable and desirable property to rent in Millsboro, DE -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Millsboro, DE Preforeclosure Homes


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