Milton has one of the fastest growing populations in Delaware with a 50.1% increase over the last 10 years. Despite being ranked first for growth, it's currently only ranked 30th in terms of total population with 2,576 residents. Milton is made up of homes that are relatively old with a median of 27 years. Leading the list of best schools in the city are Milton Elementary School and Mariner Middle School.
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$114K  
Sales remained at three homes sold over the last 30 days in the Milton market. Sellers can expect more competition, due to a three-week upward trend in homes coming into the market, now up to 12 for the same period. The median sales price jumped to $267,500 over the latest reporting period for Milton, up from $124,500. Milton is a definite buyer's market, thanks to a big 24 months of inventory to choose from and the flat sales.
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$259K  
Over the last 30 days, the Milton market showed strong improvement with three homes sold. It marks a 50.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. At the same time, close-by Milford reported nine home sales, the highest number from all the surrounding cities. The median sales price rose to $124,500 over the latest reporting period for Milton, up from $119,750. Even after the uptick in sales, an elevated 21 months of inventory tells us that Milton is still a strong buyer's market.
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$259K  
The Milton market slowed this week but was still better than normal as sales fell 33.3% to two homes sold over the last 30 days. Within the same time frame, Milford had five sales, the most of all cities in the area. The median sales price dropped to $119,750, down from last week's $124,500. Along with the slip in sales, a relatively high 30 months of inventory indicates that Milton is a definite buyer's market.
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$279K  
Sales remained steady from last week to this week, with three homes sold in the Milton market over the last 30 days. However, an established downturn in the number of pending transactions continued, with two completed in the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price dropped to $124,500, down from last week's $144,900. Despite the falling contracts numbers, there are only two months of inventory remaining, indicating that Milton is a still solid seller's market.
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$383K  
The Milton market is currently in the middle of a pronounced upward sales trend, extended as sales rose to three homes sold over the last 30 days. The median sales price dropped dramatically to $144,900, down from last week's $252,450. The higher trending sales numbers and the fact that there are a lower-than-normal two months of inventory to work through indicate that Milton is a solid seller's market.
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$383K  
The Milton market is enjoying a prolonged upward trend, even as sales remained flat at two homes over the last 30 days. The median sales price stayed flat at $252,450, and there are a fairly average four months of inventory left to be sold.
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Milton is a small city in Delaware, and is less affluent than average with a median income of $45,576 per household. It's younger than the rest of the state, with a median age of 39. Keep in mind, 49.2% of the homes in Milton are owned, while 32.9% are rented. Leading the list of top schools in the city are Milton Elementary School and Mariner Middle School.
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$279K  
The Milton market saw sales remain consistent with two homes sold over the last 30 days and is also under a recent downward trend in the number of contracts closing, with this week's number falling to one. The median sales price rose dramatically to $252,450 over the latest reporting period for Milton, up from $158,700. With only three months of inventory to sell, Milton is a still seller's market, even after taking into consideration the falling contracts numbers.
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$324K  
The Milton market slowed with a 33.3% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (1.3) with two homes sold. On the other hand, close-by Milford registered 18 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should take note that the median sales price in Milton rose to $158,700 and that there are four months of inventory still available.
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