Is Millsboro, DE 19966 a buyer’s or seller’s market?
Millsboro is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 13% of U.S. ZIP codes, and #46 of 47 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Millsboro housing market right now
In the three months ending August 31, 2026, 8% of homes in Millsboro, DE 19966 sold above their list price, the typical home went under contract in 77 days and there were 5.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 293 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (10% then), homes sold about as fast and the median sale price rose 5% to $340,853. Overall, Millsboro is about as competitive as it was a year ago.
Within Sussex County, homes here sell more slowly than in 85% of the county’s ZIP codes, and sell less often over asking than in 95%. On our competition score, Millsboro ranks #46 of 47 DE ZIP codes with enough sales (score 20 out of 100).
Nearby, buyers who want less competition could look at Millville 19967 (0% sold over asking), while Delmar 19940 (50% sold over asking) and Harbeson 19951 (36% sold over asking) are even more competitive.
Run the numbers for 19966
Nearby markets
Bethany Beach 19930Seller’s market $529 /sq ftBridgeville 19933Balanced $201 /sq ftDagsboro 19939Seller’s market $245 /sq ftDelmar 19940Balanced $152 /sq ft Browse all markets →Towns like Millsboro nearby
Find towns like Millsboro in other states →Where Millsboro is
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Questions about Millsboro real estate
Is Millsboro a buyer’s or seller’s market?
A balanced market: there were 5.6 months of supply in Millsboro, DE 19966 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Millsboro?
The typical home went under contract in 77 days in the latest three months.
Do homes in Millsboro sell over asking?
8% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.
What are property taxes in Millsboro?
About 0.32% of a home’s value a year in Sussex County, or roughly $1,280 on a $400,000 home.
What is the median home price in Millsboro?
The median sale price was $340,853 in the three months ending August 31, 2026, about $193 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology