Housing · Milan

Milan, MO housing market

The typical Milan home is worth about $111,000, up 2.4% in a year, 58% below the Missouri typical home.

Home values, sales, trends and how Milan compares with the towns next door — updated as new data is published.

The market right now

Milan at a glance

Typical home value
$111K
▲ 2.4% in a year · Zillow
Ten-year trend

Typical home value, 2018–2026

MilanMissouri
$50K$100K$150K$200K$250K$300K 2020202220242026 Milan $111K Missouri $268K
Show as a table
JanuaryMilanMissouri
2019$98,000$165,000
2020$105,000$173,000
2021$120,000$193,000
2022$148,000$219,000
2023$136,000$237,000
2024$137,000$247,000
2025$129,000$258,000
2026$110,000$263,000
August 2026$111,000$268,000
Affordability

2 years of income

The typical Milan home costs about 2 years of the town's median household income, less than across Missouri (3.8 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
62.7%
Missouri: 68.1%
Median tax bill
$800
Missouri: $1,948
Median rent
$697
Missouri: $1,033
Typical home built
1966
Missouri: 1978

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. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Milan

Missouri · MO
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01