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Market Snapshot

Median listing price
$550K

The median listing price in Milton, DE ZIP 19968 is $549,950 as of June 2026.

Median rent
$2,200/mo

The median market rent in Milton, DE ZIP 19968 is $2,200/month as of June 2026.

Days on market
249 days

The median days on market in Milton, DE ZIP 19968 is 249 days as of June 2026. The market is currently neutral.

Gross rental yield
4.80%

At a median list price of $549,950 and a median rent of $2,200/month, the gross rental yield in Milton, DE ZIP 19968 is 4.80% as of June 2026.

STR vs LTR
$2,230/mo STR · $2,200/mo LTR

In Milton, DE ZIP 19968, median Airbnb revenue is $2,230/month compared to median long-term rent of $2,200/month as of June 2026.

Milton, DE 19968 Real Estate Market Report

ZIP Code: 19968

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
82
Active Listings
52
Sold Properties
30

Market Metrics

Median Listing Price
$549,950
Median Sold Price
$495,000
Median Price per Sqft
$256/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,200

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.06%

Liquidity & Velocity

Median Days on Market
249
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
moderate

Key Findings

  1. The primary market value signal is the $495,000 median sold price, which represents the most reliable indicator of recent transaction activity and suggests current realized values in Milton as of June 2026; given the available metrics, this figure should guide pricing decisions and appraisals. neutral market temperature.
  2. There is a notable gap between the $549,950 median listing price and the $495,000 median sold price that may indicate seller expectations are above recent transaction levels; this pricing gap suggests sellers may need to adjust asking prices or be prepared for longer negotiation cycles.
  3. The 249 median days on market is materially long and points to slower sales velocity and increased time-to-contract in the sample; this extended marketing timeframe may reflect moderate market friction and could require pricing or marketing concessions to accelerate closings.
  4. Rental metrics show a $2,200 median market rent while the rent year-over-year trend is down, indicating softer rent growth; combined with moderate interest rate pressure and a neutral market temperature, investors should be cautious on near-term yield expectations and stress-test underwriting assumptions.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

30207 E Mill Run, Milton, DE 19968
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds2 baths2,372 sqft
$890,000
May 1, 2026
$375/sqft/sqft
101 days on market
28736 Stockley Rd, Milton, DE 19968
Premium

Sold above market average

3 beds2 baths1,812 sqft
$675,000
Apr 1, 2026
$373/sqft/sqft
138 days on market
15217 Autumn Oaks Dr, Milton, DE 19968
Market Benchmark

Sold at market average

3 beds4 baths2,482 sqft
$665,000
Mar 1, 2026
$268/sqft/sqft
263 days on market
29845 Sandstone Dr, Milton, DE 19968
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,730 sqft
$440,000
Apr 1, 2026
$254/sqft/sqft
740 days on market
29575 Fieldstone Dr, Milton, DE 19968
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths2,056 sqft
$429,000
Mar 1, 2026
$209/sqft/sqft
231 days on market
103 Prospect St, Milton, DE 19968
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,883 sqft
$425,000
Apr 1, 2026
$226/sqft/sqft
278 days on market
28359 Martins Farm Rd, Milton, DE 19968
Value

Sold below market average

3 beds- baths2,568 sqft
$232,000
Apr 1, 2026
$90/sqft/sqft
723 Chestnut St, Milton, DE 19968
Value

Sold below market average

3 beds- baths1,800 sqft
$230,000
Apr 1, 2026
$128/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$471/mo
19968 Avg Rent
19968 Cost to Own
Rent$2,200
Own$2,671

20% down, 6.50% rate, 0.1% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

19968 Avg nightly rate
19968 Avg occupancy (days/year)
Nightly rate$218/night
Occupancy115 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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