The Milan housing market is not very competitive. The median sale price of a home in Milan was $403K last month, up 14.3% since last year. The median sale price per square foot in Milan is $226, down 9.78% since last year.
In October 2024, Milan home prices were up 14.3% compared to last year, selling for a median price of $403K. On average, homes in Milan sell after 158 days on the market compared to 52 days last year. There were 10 homes sold in October this year, down from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$402,500
+14.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Milan, LA
$402,500
+14.3%
United States
To compare other locations to the Milan and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in New Orleans add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Milan
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Milan housing market?
Milan is not very competitive. Homes sell in 96.5 days.
0
100
14
Not Very Competitive
Redfin Compete Score™
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
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 97 days.
Hot homes
can sell for around list price and go pending in around 34 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Milan, LA
95.9%
-2.1 pt
United States
Schools in Milan
Learn about schools in the Milan area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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 - Moderate
99% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Milan has a moderate risk of flooding. 940 properties in Milan are likely to be
severely affected
by flooding over the next 30 years. This represents 99% of all properties in Milan. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Milan has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Milan is most at risk from hurricanes. 1,887 properties in Milan have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 175 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 193 mph.