Milan, IL housing market
The typical Milan home is worth about $198,000, up 7% in a year, 33% below the Illinois typical home.
Home values, sales, trends and how Milan compares with the towns next door — updated as new data is published.
Milan at a glance
Only 4 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 | Milan | Illinois |
|---|---|---|
| 2017 | $128,000 | $181,000 |
| 2018 | $133,000 | $190,000 |
| 2019 | $137,000 | $195,000 |
| 2020 | $145,000 | $200,000 |
| 2021 | $155,000 | $215,000 |
| 2022 | $167,000 | $236,000 |
| 2023 | $168,000 | $248,000 |
| 2024 | $178,000 | $263,000 |
| 2025 | $183,000 | $278,000 |
| 2026 | $194,000 | $290,000 |
| August 2026 | $198,000 | $298,000 |
Milan and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Milan | $198K | +7% | — | $62,597 |
| Rock Island | — | — | 13 | $59,041 |
| Coyne Center | $186K | +5.4% | — | $115,156 |
| Moline | — | — | 8 | $67,701 |
3.2 years of income
The typical Milan home costs about 3.2 years of the town's median household income, less than across Illinois (3.6 years).
How Milan ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
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. Listings link to their publishers.