$195K  
Over the last 30 days, the Millsboro market improved with two homes sold. In comparison, nearby Laurel had five sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Millsboro, and for this period the median sales price slid from $233,790 to $197,895. Millsboro is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 66 months of remaining inventory.
Comments:

$195K  
With one home sold in the Millsboro market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with 22 new listings for buyers to choose from. The median sales price in Millsboro stayed put this week at $233,790. Millsboro is a strong buyer's market, due to a big 128 months of inventory left and aided by the flat sales.
Comments:

Millsboro is a city in Delaware with 3,877 residents. Despite only being ranked 21st in terms of population, it ranks first for growth with a 47.5% increase over the last 10 years. It should be noted that 48.1% of the homes in Millsboro are owned, while 37.6% are rentals. Heading the list of top schools in the city is East Millsboro Elementary School.
Comments:

$419K  
The number of homes coming into the Millsboro market fell to 22 listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price of all transactions in Millsboro did not budge this week, remaining at $233,790. Millsboro is a strong buyer's market, thanks to a big 137 months of inventory to choose from and the flat sales.
Comments:

$199K  
With a solid downward trend of new sellers listing homes, including two over the last 30 days, and sales that rose to one in that same time frame, the Millsboro market will be less selective. Despite the uptick in sales, there are still 32 months of inventory left to work through, meaning Millsboro is still a definite buyer's market.
Comments:

$270K  
The Millsboro market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. Millsboro usually averages 1.9 sales per month. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks.
Comments:

$459K  
The Millsboro market reported another in a series of 30-day periods with zero home sales. Millsboro usually averages 2.0 sales per month.
Comments:

$150K  
Typically, Millsboro accounts for 2.2 sales per month. This time sellers weren't able to find buyers for their properties, resulting in another 30 day period of no sales.
Comments:

The population of Millsboro is much less affluent than average compared to others in Delaware with a median income of $39,561 per household. It's also considered a less expensive city in terms of affordability with a cost of living adjustment score of 105.1. Homes in Millsboro are of moderate age with a median age of 25 years. The best school in the city is East Millsboro Elementary School.
Comments:

$333K  
The Millsboro market reported zero sales over the last 30 days. Millsboro usually averages 2.3 sales per month.
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Ask a local expert about this area:
Gateway Realty Inc
Snapped 2 homes in this area
United Country-White Home Team LLC
Snapped 1 home in this area

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