$8,016 Closing Credit*
$675,000
3,224 SqFt
5 Beds
•3 Full Baths, 1 Partial
Donna M Hardy, Listing Office: Northrop Realty
Is Millville, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Millville was a Buyer's Market.
Key Takeaway
Millville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Millville, DE
How much do homes in Millville, DE cost?
Median Sold Price
$488,495
$211/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$16,900(-3.3%)
Key Takeaway
Homes in Millville have sold for 3.3% less than they did a month ago.
Summary: The median home sold price in Millville was $488,495 in November 2024, down 3.3% from last month, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $479K | $437K | -8.8% |
| 4 Bedrooms | $569K | $590K | +3.7% |
| 5+ Bedrooms | - | $540K | N/A |
Summary: Millville housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes did not change.
Housing Supply in Millville, DE
How many homes are available in Millville, DE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 58 | -1.7% |
Summary: The Millville real estate market had 58 homes for sale in November 2024, a 1.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 31 | 29 | -6.5% |
| 4 Bedrooms | 20 | 19 | -5.0% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Millville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Millville, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Millville in November 2024, up by 50.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 42% were sold at asking, and 0% were sold over asking.
Days on Market for Millville, DE
How long does it take to sell a home in Millville, DE?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 81 Days | 53 Days | -35.3% |
Summary: Homes in Millville had an average of 53 days on market in Nov 2024, down by 35.3% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Millville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in Millville; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
