Millsboro, DE Real Estate
According to census data in the year 2000 there were 1,159 housing units in Millsboro.
This represents a 42.2% growth from 815 in 1990.
Of those housing units, 1,155 were located in either urbanized areas or urban clusters, and 4 were located in what is classified as a rural area.
Homeownership rate in Millsboro is about 55.3%.
Millsboro's vacancy rate, including seasonal lodging, is about 10.9%.
Average household size is 2.12 people.
The majority of houses, apartments or condos in Millsboro were built after 1982.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 19.30% |
| Two Bedrooms | 38.60% |
| Three Bedrooms | 37.20% |
| Four Bedrooms | 4.10% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1980 |
| Median Value of occupied units | $92,200 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1984 |
| Median Monthly Rent asked for vacant units | $575 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 3% |
| Simple Mortgage | 53% |
| Debt Free | 37.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18% |
