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Milan Housing Market Report

August 2026 • Updated daily from MLS data

$417,528
Average Price
18
Active Listings
53
Avg Days on Market
$249
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Milan broken down by property type

18
Single Family
View listings
0
Condo
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0
Townhouse
View listings
0
Multifamily
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Price Distribution

How Milan home prices are distributed across price ranges

Under $100K
2
2
$100K–$200K
5
5
$200K–$300K
2
2
$300K–$500K
6
6
$500K–$750K
1
1
$750K–$1M
1
1
$1M+
1
1

Listings by Bedrooms

Bedroom count breakdown for active listings in Milan

1
1 Bed
3
2 Bed
8
3 Bed
5
4 Bed
1
5+ Bed

Demographics & Community

Census data for Milan, Illinois

5,066
Population
$60,304
Median Household Income
38.5
Median Age
$125,700
Census Median Home Value

Housing Occupancy

Total Housing Units2,654
Owner-Occupied1,653 (66.0%)
Renter-Occupied851 (34.0%)
Vacant Units150
Median Rent$943/mo

Commute & Education

Median Commute2409 min
Work From Home2.4%
Public Transit0.2%
Bachelor's Degree+16.1%
High School Diploma+0.6%

Affordability & Housing Costs

HUD data for the Milan area

Fair Market Rent (2024)

Studio$646/mo
1 Bedroom$773/mo
2 Bedroom$953/mo
3 Bedroom$1,247/mo
4 Bedroom$1,437/mo

Income Limits (2024)

Median Family Income$89,500
Low Income (4-person)$71,600
Very Low Income (4-person)$44,750
Extremely Low (4-person)$31,200

Safety & Crime Statistics

Crime data for Milan (2024)

21
Violent Crimes
89
Property Crimes
18
Burglaries
12
Vehicle Thefts

School Districts

School districts serving Milan properties

200
41
300

Featured Listings in Milan

Top properties currently on the market

10703 52ND Street
$865,000
4
4
2,992 sqft
10703 52ND Street
Milan, IL
1808 106TH
$2,400,000
4
3
2,413 sqft
1808 106TH
Milan, IL
6912 106TH
$389,900
4
3
2,936 sqft
6912 106TH
Milan, IL
7922 78th
$435,900
3
3
1,518 sqft
7922 78th
Milan, IL
1711 2nd
$194,900
3
1
864 sqft
1711 2nd
Milan, IL
11315 16th
$84,900
2
1
1,040 sqft
11315 16th
Milan, IL
View All Milan Properties

Save $10,126 on the Average Milan Home

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