Friend-Hack House · Photo: Dwight Burdette · CC BY 3.0129 homes sold in Milan in the last year, at a typical $307K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Milan homes are listed.
Every place Milan homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Milan.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
13% of Milan’s sales are condos, at $129K less than a house
108 houses and 17 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 108 sold in 12 months
- Per square foot
- $191MI $172
- Days to sell
- 49
- Sold over asking
- 32%
- Listings with a price cut
- 25%
typical sale · 17 sold in 12 months
- Per square foot
- $181MI $190
- Days to sell
- 61
- Sold over asking
- 18%
- Listings with a price cut
- 54%
Multi-family (2–4 units): 4 sold, typical $158K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
129 sales in the last year, against 155 in 2015 and a low of 82 in 2024. The typical sale went from $161K in 2016 to $307K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Milan
Check a listing against what Milan homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Milan are back to pre-pandemic levels, but a third fewer homes come up for sale
We read every month of Milan’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 129 sales.
If you’re buying in Milan
- Shop in June. It brings about 14 new listings a month, close to the busiest month, with fewer bidding wars (36% over asking).
- You can negotiate. 25% of listings have cut their price, against 14% before the pandemic.
- Bid near asking. Buyers paid 99.6% of the list price on average; 29% paid over.
- You’ll usually have time. Only 40% of homes go under contract within two weeks; the typical one takes 49 days.
Summer brings the homes; spring brings the bidding wars
July has the most new listings (about 18 a month), but May is the most competitive: 39% of May sales close over asking. January has the least competition (24%) but only about 9 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Michigan as a whole
| Milan now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 29% | 25% | 51% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 40% | 29% | 35% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | 25% | 14% | 7% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 99.6% | 98.5% | 101.1% | 98.4% |
| Days to sellMedian days from listing to contract | 49 | 67 | 47 | 33 |
25 homes for sale on a typical day
That’s 2.2 times the 2023 low (11), 35% fewer than in 2017–19 and well under 2014’s 71.
1 in 4 listings has cut its price
25% in the last year, against 14% in 2017–19 and 28% across Michigan. More sellers are pricing high and coming down.
Since 2019, houses are up 62%, condos 6%
A house typically sold for $329K in the last year (108 sales), a condo for $200K (17).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Milan ranks 125th of 194 busy Michigan markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Milan is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Milan home costs about $2,008 a month
Price: Milan’s typical sale, last 12 months. Property tax at Milan’s 1.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Milan is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. December has the fewest, about 5.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $307K home, about $4,880 a year.
Taxes vs. neighborsSchools
The schools grade for Milan, from test results, graduation and how much students grow.
Schools in MilanCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Dundee, Petersburg and Belleville sell for less a square foot; Ann Arbor for far more
The busier markets within 25 miles of Milan, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Ann Arbor | 1,055 | $470K | $290 | 33% | 44 |
| Saline | 162 | $394K | $218 | 33% | 47 |
| Ypsilanti | 162 | $257K | $186 | 36% | 41 |
| Milan | 129 | $307K | $190 | 29% | 49 |
| Dundee | 61 | $332K | $177 | 21% | 57 |
| Belleville | 54 | $286K | $178 | 35% | 26 |
| Petersburg | 22 | $214K | $184 | 50% | 35 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Milan, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Milan. People who follow the town see it, and so do people comparing Milan with their own town. No commission, no listing fee.
Questions about buying a home in Milan
What do homes sell for in Milan, MI?
129 homes sold in the year to May 2026 at a typical $307K, $190 a square foot. Houses sold for about $329K, condos for about $200K.
Is Milan a buyer’s or seller’s market?
A seller’s market: 21 homes were for sale in May 2026 and 9 sold, about 2.3 months of supply. Buyers paid 99.6% of asking on average, and 25% of listings cut their price.
When is the best time to buy in Milan?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Milan?
About 1.6% of a home’s value a year. On a $307K home that’s near $4,880.
Where can I see homes for sale in Milan?
Zillow, Redfin, Realtor.com and Homes.com all carry Milan’s MLS listings; the search links above open each one filtered to Milan.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).