Milan, IL Housing Market
The Milan housing market is most competitive. The median sale price of a home in Milan was $104K last month, up 22.1% since last year. The median sale price per square foot in Milan is $80, down 30.3% since last year.
Milan Housing Market Trends
In March 2024, Milan home prices were up 22.1% compared to last year, selling for a median price of $104K. On average, homes in Milan sell after 10 days on the market compared to 10 days last year. There were 4 homes sold in March this year, up from 3 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Milan housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for around list price and go pending in around 9 days.
- Hot homescan sell for about 3% above list price and go pending in around 3 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 18 days.
- Hot homescan sell for about 3% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% below list price and go pending in around 19 days.
- Hot homescan sell for about 2% above list price and go pending in around 4 days.
Milan Migration & Relocation Trends
Home offer insights for Milan
Recent offers
View houses in Milan that sold recently
Recently sold homes
- $209,000 Last Sold Price4 beds2.5 baths2,866 sq ft213 Bruce Ave, Milan, IL 61264List Price$209,000Sale to List0% over listDays on Market62 days213 Bruce Ave, Milan, IL 61264
- $36,000 Last Sold Price3 beds1 bath900 sq ft1243 1st Street East, Milan, IL 61264List Price$30,000Sale to List20% over listDays on Market34 days1243 1st Street East, Milan, IL 61264
- $80,000 Last Sold Price2 beds1 bath672 sq ft249 4th Street East, Milan, IL 61264List Price$74,500Sale to List7% over listDays on Market55 days249 4th Street East, Milan, IL 61264
- $150,000 Last Sold Price4 beds1.5 baths1,173 sq ft171 Sunshine Ln, Milan, IL 61264List Price$159,900Sale to List6% under listDays on Market37 days171 Sunshine Ln, Milan, IL 61264
- $70,000 Last Sold Price—beds—baths—sq ftLot 12 52nd Street Court West, Milan, IL 61264List Price$77,925Sale to List10% under listDays on Market410 daysLot 12 52nd Street Court West, Milan, IL 61264
- $135,000 Last Sold Price2 beds1 bath1,130 sq ft1705 114th Ave, Milan, IL 61264List Price$139,900Sale to List4% under listDays on Market37 days1705 114th Ave, Milan, IL 61264
- $147,000 Last Sold Price4 beds2 baths1,250 sq ft1913 3rd Street West, Milan, IL 61264-3328List Price$145,000Sale to List1% over listDays on Market36 days1913 3rd Street West, Milan, IL 61264-3328
- $210,000 Last Sold Price3 beds2 baths1,400 sq ft1712 US Hwy 67 Hwy, Preemption, IL 61276List Price$205,000Sale to List2% over listDays on Market53 days1712 US Hwy 67 Hwy, Preemption, IL 61276
See all recently sold homes in Milan.
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Schools in Milan
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Ridgewood Elementary School Public • PreK-6 | 279 Students | 5 reviews |
6/10 Thomas Jefferson Elementary School Public • PreK-6 | 370 Students | 2 reviews |
Climate's impact on Milan housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Milan.
Flood Factor - Major
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Moderate
Heat Factor
Transportation in Milan
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