Market Overview
Home Prices in Milton, DE
The median home value in Milton, DE is $481,418 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.2% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Milton are priced17% above average. Milton is part of the Salisbury, MD-DE metro area.
Over the past five years, Milton home values have risen by approximately22.2%, reflecting strong long-term appreciation in this market.
Price History
Milton Home Price Trend
City Comparison
Milton vs. National Median
At $481,418, homes in Milton cost 17% above the national median of $410,000. Buyers in Milton should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Milton?
20% Down Payment
$96,284
on $481,418
Monthly P&I
$2,511/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,189/mo
incl. taxes & insurance
Income Needed
$127,560
gross annual (30% rule)
10% Down Option
$48,142
+ PMI applies
Loan Amount (20% dn)
$385,134
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Milton, DE?
The median home value in Milton is $481,418 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.2% year-over-year.
How much have home prices changed in Milton?
Over the past year, home values in Milton have increased by 0.2%. Over five years, prices have risen approximately 22.2%.
How much do I need to earn to buy a home in Milton?
To comfortably afford the median home price of $481,418 with a 20% down payment ($96,284) at today's rates (6.8%), you'd need a gross annual income of approximately $127,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Milton compare to the national average home price?
The national median home value is approximately $410,000. At $481,418, homes in Milton are 17% above the national average.
What metro area is Milton part of?
Milton is part of the Salisbury, MD-DE metropolitan area. Home prices and market conditions can vary across the broader metro region.