Milford (Kent County) home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Milford in Kent County rose by $8,250 while total sales increased by 18.2%, according to

From July through September of 2020, there were 26 homes sold, with a median sale price of $215,750 - a 4% increase over the $207,500 median sale price for the same period of the previous year. There were 22 homes sold in Milford in the third quarter of 2019.

The median sales tax in Milford for the most recent year with available data, 2015, was $358, approximately 0.2% of the median home sale price for the third quarter of 2020.

The following table compares Milford to other Kent County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Hudson Trails660%$223,500$189,45018%
Carlisle Village110%$221,000$100,000121%
Spruance City710-30%$217,400$184,95017.5%
Moores Lake Development34-25%$215,000$310,000-30.6%
* This story only considers sales data for the part of Milford that is in Kent County.

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