The story of this market
The typical home in ZIP 19968 sells for about $514,999, or $235 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,361 a month.
ZIP 19968 — Milton
The 19968 housing market shows resilience with steady year-over-year price growth, though high inventory levels and interest rate sensitivity have moderated the pace of sales. Buyers are increasingly selective, favoring well-maintained properties, while the rental market remains tight due to consistent demand. Overall, the market is stable, supported by regional economic growth in healthcare and tourism.
This ZIP is well-suited for families seeking a quieter, suburban-to-rural lifestyle and retirees attracted to the coastal Delaware region. It is less ideal for those requiring immediate access to major metropolitan transit or high-density urban amenities.
Median prices moved up 2.4% year over year.
Homes spend a median of 68 days on market with 5.2 months of supply — a balanced-paced market.
18% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.8% · poverty 9.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 19968, Sussex County DE
Crime rates in the Milton area are generally lower than the national average, with property crime being the most frequently reported incident type. The area is considered relatively safe compared to larger urban centers in Delaware.
Schools serving the 19968 ZIP code are primarily part of the Cape Henlopen and Milford school districts, which generally maintain moderate to high performance ratings. Local educational quality is often cited as a primary draw for families moving to the area.
The area faces moderate risk from coastal flooding and storm surges due to its proximity to the Delaware Bay and low-lying topography. Property insurance premiums reflect these environmental risks, particularly for homes located in designated flood zones.
Economic momentum is driven by the expansion of the healthcare and tourism sectors in Sussex County. Infrastructure improvements are ongoing to support the population growth, though development is balanced against the preservation of rural and agricultural land.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Delaware) — Agricultural Lands Preservation and Farmland Assessment Act Exemption: Qualifying land is valued based on its agricultural use productivity capability rather than fair market value, substantially reducing the taxable assessed baseline. State (Delaware) — Senior School Property Tax Credit and Elderly/Disability Exemption Framework: Provides a partial credit/exemption against property taxes. Under the Senior School Property Tax Credit (14 Del. C. § 1919), qualifying seniors receive a tax credit up to 50% of the school property tax up to a statutory dollar cap (e.g., $500 max). At the county level (e.g. State (Delaware) — County Assessment Ratio and Ad Valorem Property Taxation Structure: Delaware levies property taxes at county, municipal, and school district levels (the state itself levies no state-level property tax).
Commuting from 19968 primarily involves personal vehicle travel via Route 1 and Route 16 toward employment hubs in Lewes, Rehoboth Beach, and Dover. Public transit options are limited, making the area highly dependent on private transportation.
The area offers access to the Broadkill River, local parks like Milton Memorial Park, and proximity to Delaware's coastal beaches. Shopping and dining are concentrated in the historic downtown Milton area and along the Route 1 corridor.
The rental market is characterized by high demand from seasonal workers and retirees, leading to low vacancy rates. Rent growth has been consistent, though investors must account for higher maintenance costs and seasonal turnover patterns.
The local economy is anchored by healthcare, retail, and tourism, with significant employment provided by regional medical centers and the hospitality industry. Agriculture remains a foundational sector in the surrounding Sussex County landscape.
Transportation is primarily highway-based, with Route 1 serving as the main north-south artery. Infrastructure planning focuses on managing traffic flow during peak tourist seasons.
Development is focused on managed growth, with several residential projects approved to accommodate the steady influx of new residents. Planning efforts prioritize infrastructure upgrades to support increased density.
Sussex County utilizes a periodic assessment system to determine property values for tax purposes. Assessments are generally based on market value, with updates occurring to reflect changes in the real estate market.
Parcels in this ZIP are subject to school district taxes and local municipal taxes where applicable. Some newer developments may be subject to specific utility or infrastructure district assessments.
Property insurance in this region is influenced by flood risk and coastal weather patterns. Homeowners are encouraged to maintain comprehensive coverage, and premiums are generally higher than inland areas.
Delaware continues to see positive net domestic migration, driven by retirees and remote workers relocating from higher-cost states in the Northeast.
Delaware is a judicial foreclosure state, requiring court intervention to complete the foreclosure process. This process typically provides homeowners with a structured timeline for resolution.
Delaware law requires sellers to provide a comprehensive property condition disclosure statement to buyers, covering known material defects.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Funland4.611.3 mi
- Jungle Jim's4.510 mi
- Shell We Bounce Trampoline Park4.45.2 mi
- White Water Mountain4.27.6 mi
- Cape Henlopen State Park4.89 mi
- Harrington Raceway & Casino4.218.8 mi
- Delaware State Fair4.318.4 mi
- Schellville Village4.69.5 mi
- Bear Trap Dunes Golf Club4.418.8 mi
- Rehoboth Beach Boardwalk4.711.3 mi
- Cape Henlopen State Park4.89 mi
- Savannah Beach4.77.6 mi
- Jungle Jim's4.510 mi
- Lewes Public Beach4.66.1 mi
- Cape May Lighthouse4.719.9 mi
- Sunset Beach Gifts4.820 mi
- The Brush Factory on Kings4.66.8 mi
- Fort Miles Historical Area4.79.8 mi
- Wreck of the SS Atlantus4.719.9 mi
- Cape Henlopen State Park4.89 mi
- Savannah Beach4.77.6 mi
- Sports at the Beach3.66.8 mi
- Gordons Pond4.810.5 mi
- Prime Hook National Wildlife Refuge4.73.9 mi
- Indian River Marina4.715.6 mi
- Lewes Yacht Club4.66.2 mi
- West Bay4.610.7 mi
- Rehoboth Bay Marina4.712.2 mi
- The Climate Experts of Delmarva4.918.5 mi
- The Rookery Golf Course4.32.1 mi
- Baywood Greens Golf Course and Clubhouse4.710.2 mi
- Kings Creek Country Club4.79.4 mi
- American Classic Golf Club4.47.2 mi
- Midway Par 3 Golf Course4.47 mi
- Tanger Rehoboth Beach - Seaside4.49.3 mi
- Tanger Rehoboth Beach - Surfside4.57.6 mi
- The Fresh Market4.39.9 mi
- Marshalls4.37.5 mi
- Outlets Delaware4.57.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A central community park featuring river access and event space.
Popular for kayaking, fishing, and scenic views.
Features local boutiques, cafes, and historic architecture.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.