Milo, IA housing market
The typical Milo home is worth about $276,000, up 5.7% in a year, 15% above the Iowa typical home.
Home values, sales, trends and how Milo compares with the towns next door — updated as new data is published.
Milo at a glance
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Milo | Iowa |
|---|---|---|
| 2017 | $150,000 | $147,000 |
| 2018 | $159,000 | $152,000 |
| 2019 | $171,000 | $159,000 |
| 2020 | $185,000 | $167,000 |
| 2021 | $199,000 | $179,000 |
| 2022 | $214,000 | $195,000 |
| 2023 | $235,000 | $211,000 |
| 2024 | $243,000 | $218,000 |
| 2025 | $255,000 | $228,000 |
| 2026 | $269,000 | $236,000 |
| August 2026 | $276,000 | $240,000 |
No new homes permitted in 2025
No permits for new homes were issued in Milo in 2025. The last year with any was 2024 (1 new home).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 1 | 1 | 0 | $353,000 |
| 2023 | 1 | 1 | 0 | $344,000 |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 1 | 1 | 0 | $300,000 |
| 2020 | 1 | 1 | 0 | $271,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 2 | 2 | 0 | $151,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 1 | 1 | 0 | $70,000 |
| 2005 | 2 | 2 | 0 | $300,000 |
| 2004 | 2 | 2 | 0 | $183,000 |
| 2003 | 2 | 2 | 0 | $210,000 |
| 2002 | 1 | 1 | 0 | $95,000 |
| 2001 | 1 | 1 | 0 | $70,000 |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,090
HUD's Fair Market Rent for a two-bedroom in Milo is $1,090 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Milo pay a median of $850, so moving in tends to cost more than staying put.
Studio $880 · 4 bedrooms $1,520
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (50166; Des Moines-West Des Moines, IA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.