Milan, MI Real Estate Market Summary – September 8, 2026
In Milan, MI, the real estate market is currently characterized by a total of 20 homes sold in the last 30 days. The average living area for these homes is approximately 1,919 square feet, with a median living area of 1,744 square feet. The average sale price stands at $374,200, while the median sale price is $300,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 20 |
| Sold Per Day | 1 every 1.50 days |
| Average SQFT | 1919 |
| Median Sales Price | $300,000 |
| Average Sales Price | $374,200 |
| Average Price Per SQFT | $198 |
| Average Days on Market | 19 |
| Average Year Built | 1961 |
Milan, MI Single Family Home Analysis
For single-family homes in Milan, 18 properties have changed ownership recently. These homes boast an average living area of about 2,003 square feet and an average sale price of $387,167, with a median price of $310,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 18 |
| Sold Per Day | 1 every 1.67 days |
| Average SQFT | 2003 |
| Median Sales Price | $310,000 |
| Average Sales Price | $387,167 |
| Average Price Per SQFT | $196 |
| Average Days on Market | 19 |
| Average Year Built | 1956 |
Milan, MI Condo & Townhome Analysis
In the condo and townhome market segment, 2 units were sold with an average living area of 1,208 square feet. The average sale price for these units is $257,500, which is also the median price for the segment.
| Metric | 30 Days |
|---|---|
| Number Sold | 2 |
| Sold Per Day | 1 every 15.00 days |
| Average SQFT | 1208 |
| Median Sales Price | $257,500 |
| Average Sales Price | $257,500 |
| Average Price Per SQFT | $216 |
| Average Days on Market | 14 |
| Average Year Built | 2000 |
Buyer & Seller Analysis
- Pace of sales is 1 every 1.50 days.
- Average days on market for homes is 19 days.
- The average price per square foot across all segments is $197.
- The state does not disclose sale prices.
Conclusion
Overall, Milan’s market shows active activity with a variety of options for prospective buyers. The data suggests continued interest in residential properties across different types.