The median home value in Milford, DE is $329,500.
This is
lower than
the county median home value of $350,000.
The national median home value is $308,980.
The average price of homes sold in Milford, DE is $329,500.
Approximately 58% of Milford homes are owned,
compared to 34% rented, while
8% are vacant.
Milford real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Milford real estate agent to arrange a tour
today! Learn more about Milford Real Estate.
Historic Greek Revival Estate in Downtown Milford - A Rare Gem with Endless Possibilities! Perched on a picturesque hill in the heart of downtown Milford, this stunning 1866 Greek Revival-style home is a true testament to history and timeless elegance. Situated on over half an acre, this property offers expansive outdoor space, a detached two-car garage/carriage house, and off-street parking for six or more vehicles-a rare find in the downtown area. The wrought iron fencing, charming brick pathways, and stately steps leading to the homes grand entrance only add to its historic charm. Inside, youll be greeted by freshly painted interiors, large sunlit windows, and beautiful hardwood flooring, some of which remain original to the home. While preserving its historic integrity, modern updates have been thoughtfully integrated, including a brand-new kitchen with new cabinetry, countertops, and appliances. The kitchen window overlooks the sprawling backyard, offering the perfect view. The homes three spacious stories provide ample living space, including 6 bedrooms and bonus areas that can be adapted to fit your needs. One of the standout features of this property is its flexible live-work potential. With a separate entrance leading to a dedicated office space, this home is ideal for professionals looking to operate a business from the comfort of their residence. Whether you envision a private practice, boutique, studio, or home office, the layout provides the perfect balance between work and home life. Get creative! Additionally, the detached garage/carriage house offers an incredible opportunity to be converted into an accessory dwelling unit, adding potential for rental income or guest accommodations. Steeped in history, this home was once known as the Godwin-Baker Home and was previously owned by Dr. Baker, a beloved local pediatrician. Earlier in its life, the backyard housed a brick bathhouse, adding another layer of rich history to this one-of-a-kind property. Notably, this home is also Listed in the National Register of Historic Places as a contributing structure in the North Milford Historic District Adding to its unique appeal, this home sits right on the Milford Parade Route, making it the perfect spot to enjoy annual parades from the comfort of your own property. You will have a front-row seat to one of Milfords most beloved traditions. The opportunities here are truly endless. Whether youre searching for a charming primary residence, an entrepreneurial home-and-business combo, or considering the potential of a Bed & Breakfast or Airbnb, this property offers the versatility and location to make your vision a reality. The separate entrance provides a convenient way to run a business, while the carriage home conversion could open up additional revenue streams. Located in the vibrant and growing city of Milford, this home is within a short distance of restaurants, boutique shops, theaters, and local events. Take a leisurely stroll along the Mispillion Riverwalk, visit the nearby dog park and pickleball courts, or enjoy riverside dining just moments from your doorstep. Milfords prime location also offers easy access to Delaware Bay beaches in just minutes, while the resort towns of Rehoboth and Lewes are only about 30 minutes away. For those who travel frequently, major cities like Philadelphia, Washington D.C., and Baltimore are all within a few hours drive. This is more than just a home-its an opportunity to own a piece of history in one of Delawares most charming and evolving downtowns. With its unmatched space, character, and business potential, this property is truly one of a kind. Dont let this rare chance slip away-schedule your private showing today! And Check Out the Virtual Tour! Floor Plan also available!
Welcome to the Riverhouse Marina, your very own private resort situated on over 8 acres of pristine waterfront land and gated property. This exclusive retreat offers over 500 feet of dock space equipped with water and electricity, and approximately 1,000 feet of serene waterfront on the Mispillion River, with quick, deep-water access to the Delaware Bay. The property includes three RV hook-up areas with ample space to expand, a pavilion, and a Tiki Bar area, making it perfect for hosting events. With plenty of parking space, Riverhouse Marina is an ideal venue for events and gatherings. The home itself offers nearly 360-degree water views from every room. The primary suite boasts a massive walk-in closet and a private balcony. Key features include a newer roof installed within the past 2 years with a transferable warranty, a gas fireplace for warmth and ambiance, a vaulted ceiling that creates an open, airy feel, a kitchen island perfect for cooking and entertaining, hardwood floors throughout the first floor of home, and a convenient first-floor bedroom. With no HOA restrictions, you can explore the potential of earning income through many opportunities such as Airbnb and Hipcamp to name a few. This property is like having your own private state park, whether you enjoy boating or just relaxing on the dock for the day, this is where you want to be! Additionally, it includes two golf carts for easy exploration of the grounds and a large outbuilding for boat storage and all your toys. Enjoy stunning water views, abundant wildlife, and nature at its best. Located just a few minutes from the city of Milford for shopping and dining, with quick access to Route 1, Delaware Bay beaches are a mere 10 minutes away, and Delaware resort beaches are about 30 minutes away. Don't miss the opportunity to own this unique property that combines luxury, privacy, and income potential. You wont find anything else like this! Riverhouse Marina awaits your visit! Be sure to check out the very detailed video tour in the virtual link!
PRICE IMPROVEMENT! Bring Offers! Welcome to your downtown business opportunity in the central business district of Milford DE! Just under a quarter acre of commercial property with multiple permitted uses on the Mispillion River! Huge, clean, 2 story building with plenty of space for your business needs! Presently it has a showroom, office space, storage rooms, large drive in garage area, paint booth area, bathroom, and sewing room upstairs with more storage space. Then you have another section with separate entrance and electric that has plenty of open space and a bathroom. Have a separate business, utilize the extra space, or lease out the space for income! Sixteen inch beams on the ceiling, 20 feet of ceiling clearance, and a recently updated flat roof. Sidewalk in the front and private parking lot on the side included. Behind the building is the Mispillion River for nice water views and park views just across the River. Sale includes 2 parcels. Currently being operated as an Auto Trim and Accessories Shop that has been in business over 30 years! Business, equipment, and inventory not included in sale but could be negotiated separately. Continue with the current business type use that is in place or create your own business venture from one of the many permitted uses. A few ideas are flower shop, restaurant, retail, barber, Craft distillery and microbrewery, tavern, antique shop, laundry, and more. See the City of Milford Website for a complete list of uses and also included in the photos. Additional public parking is available at next door shopping center. Take advantage of the â??Downtown Development Districtâ? opportunities for new businesses. Some of these opportunities include rebates on construction costs, building permit and impact fees waived, and stay of assessed value. Contact the city for more details. You are also in a Federal Opportunity Zone. The City of Milford has a population just over 10,000 and is a city split between Kent and Sussex Counties of Delaware. It is rich in history with ship building as a major industry in the early days, as the Mispillion River goes right to the Delaware Bay. Today you have a growing city with many businesses downtown, riverwalk area, dog park, public park, nature trail, kayak/boat launch, shopping centers, public library, and many annual town events including parades. Location is just 30 minutes to resort beaches and only a few miles to the shore along the Delaware Bay. Be sure to click the virtual tour link for a video tour! Have a business looking for more room or looking to start a business? Call today!
