Milan, IL Real Estate & Property Data

Milan Real Estate Market Trends
Last Updated: April 18, 2024

Accurate and comprehensive real estate data is critical for insight into Milan, IL. ATTOM’s Milan real estate data is updated daily, and current market trends show that in Milan, IL a total of 146 residential properties have sold over the past year. With a median home price of $138,000 in Milan and a total of 2 foreclosures. Get detailed property data for Milan, IL instantly. ATTOM is your one-stop-shop for the Milan property reports and real estate data you need in Milan, IL.

Milan Real Estate Market Trends
Total Residential Properties 3,736
Total Commercial Properties 395
Avg. Home Age (Single Family Home) 56 Years
Avg. Square Feet (Single Family Home) 1,477
Total 2024 Residential Sales (year-to-date) 14
% of Homes Seriously Underwater (Q2 2024) 1.26%
Total 2023 Residential Sales 144
% of Equity Rich Homes (Q2 2024) 34.58%
Effective 2023 Property Tax 1.93%
Total Foreclosure Filings (year-to-date) 4
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Milan, IL Real Estate Overview

There were 146 residential properties sold in the past year in Milan, IL. The median home value in Milan, IL is $160,970. There are a total of 3,736 residential properties in the Milan.

Median Sales Price i
$138,000
(Feb 2024)
+15%
year-over-year
y-o-y
  • February '24 Feb '24 $138,000
  • January '24 Jan '24 $108,500
  • December '23 Dec '23 $287,750
  • November '23 Nov '23 $195,750
  • October '23 Oct '23 $165,000
  • September '23 Sep '23 $160,000
  • August '23 Aug '23 $221,000
  • July '23 Jul '23 $176,750
  • June '23 Jun '23 $138,000
  • May '23 May '23 $141,000
  • April '23 Apr '23 $144,750
  • March '23 Mar '23 $85,000
Median Down Payment i
$2,500
(Feb 2024)
-61.8%
year-over-year
y-o-y
  • February '24 Feb '24 $2,500
  • January '24 Jan '24 $4,114
  • December '23 Dec '23 $58,200
  • November '23 Nov '23 $10,811
  • October '23 Oct '23 $6,600
  • September '23 Sep '23 $22,500
  • August '23 Aug '23 $40,896
  • July '23 Jul '23 $12,512
  • June '23 Jun '23 $16,750
  • May '23 May '23 $12,144
  • April '23 Apr '23 $4,531
  • March '23 Mar '23 $26,305
Number of Homes Sold i
6
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 8
  • December '23 Dec '23 16
  • November '23 Nov '23 10
  • October '23 Oct '23 6
  • September '23 Sep '23 14
  • August '23 Aug '23 13
  • July '23 Jul '23 13
  • June '23 Jun '23 20
  • May '23 May '23 10
  • April '23 Apr '23 15
  • March '23 Mar '23 9
Number of Purchase Loans i
6
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 3
  • December '23 Dec '23 6
  • November '23 Nov '23 8
  • October '23 Oct '23 4
  • September '23 Sep '23 11
  • August '23 Aug '23 11
  • July '23 Jul '23 9
  • June '23 Jun '23 15
  • May '23 May '23 11
  • April '23 Apr '23 8
  • March '23 Mar '23 6
Number of REFI Loans i
10
(Feb 2024)
+400%
year-over-year
y-o-y
  • February '24 Feb '24 10
  • January '24 Jan '24 9
  • December '23 Dec '23 3
  • November '23 Nov '23 8
  • October '23 Oct '23 8
  • September '23 Sep '23 5
  • August '23 Aug '23 6
  • July '23 Jul '23 4
  • June '23 Jun '23 7
  • May '23 May '23 7
  • April '23 Apr '23 5
  • March '23 Mar '23 8
Number of HELOC Loans i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 1
  • December '23 Dec '23 5
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 4
  • August '23 Aug '23 3
  • July '23 Jul '23 9
  • June '23 Jun '23 9
  • May '23 May '23 9
  • April '23 Apr '23 2
  • March '23 Mar '23 6

Milan, IL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Milan, IL Foreclosure Activity

There were a total of 2 Milan, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 2
  • November '23 Nov '23 N/A
  • October '23 Oct '23 2
  • September '23 Sep '23 2
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 3
  • April '23 Apr '23 2
  • March '23 Mar '23 3
Foreclosure Starts i
2
(Feb 2024)
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 1
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 2
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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