All Home Types
Milan, MI Housing Market
What is the housing market like in Milan today?
In October 2024, Milan home prices were down 18.8% compared to last year, selling for a median price of $272K. On average, homes in Milan sell after 72 days on the market compared to 45 days last year. There were 6 homes sold in October this year, down from 11 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$272,450
-18.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Milan, MI
$272,450
-18.8%
United States
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Milan Migration & Relocation Trends
In Sep '24 - Nov '24, 21% of Milan homebuyers searched to move out of Milan, while 79% looked to stay within the metropolitan area.
- Across the nation, 0.84% of homebuyers searched to move into Milan from outside metros.
- Los Angeles homebuyers searched to move into Milan more than any other metro followed by New York and Washington.
Where are people moving to Milan from?
- 79% of Milan homebuyers searched to stay within the Milan metropolitan area.
- Traverse City was the most popular destination among Milan homebuyers followed by Cape Coral and Saginaw.
Where are people from Milan moving to?
Number of People Moving to Milan
least
most
People are moving to Milan from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 531 | ||
| 2 | 468 | ||
| 3 | 458 | ||
| 4 | 397 | ||
| 5 | 261 | ||
| 6 | 158 | ||
| 7 | 115 | ||
| 8 | 112 | ||
| 9 | 94 | ||
| 10 | 73 | ||
People are leaving Milan for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 161 | ||
| 2 | 143 | ||
| 3 | 117 | ||
| 4 | 112 | ||
| 5 | 104 | ||
| 6 | 92 | ||
| 7 | 88 | ||
| 8 | 77 | ||
| 9 | 51 | ||
| 10 | 49 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Milan.
Provided by First Street Foundation
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