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Housing in Milan

33 homes sold in Milan in the last year, at a typical $879K

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.

Homes sold
33
June 2025 to May 2026
Typical sale price
$879K
median, weighted by sales
Price per square foot
$433
New York $434
Paid vs. asking
98%
15% sold over asking
For sale now
10
May 2026 · 3 sold that month
What sold · last 12 months

Houses are 100% of Milan’s sales, at a typical $879K

33 homes sold in the year to May 2026.

Houses$879K

typical sale · 33 sold in 12 months

Per square foot
$433NY $316
Days to sell
90
Sold over asking
15%
Listings with a price cut
18%
12 years of sales

About as many homes sell as usual, at 2.6 times the 2016 price

33 sales in the last year, against 44 in 2017 and a low of 20 in 2023. The typical sale went from $339K in 2016 to $879K.

Homes soldTypical sale price
012253750$400K$600K$800K$1M2014: 25 sold, typical $260K’142015: 25 sold, typical $485K2016: 26 sold, typical $339K’162017: 44 sold, typical $417K2018: 34 sold, typical $348K’182019: 37 sold, typical $402K2020: 39 sold, typical $623K’202021: 29 sold, typical $588K2022: 36 sold, typical $606K’222023: 20 sold, typical $489K2024: 29 sold, typical $695K’242025: 28 sold, typical $936KLast 12 months: 33 sold, typical $879KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $900K buys in Milan

Houseat $433 a sq ft
The same money in New Yorkat $316 a sq ft

Is this asking price fair?

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.

What the sales history says · 12 years of sales

Bidding wars in Milan are back to pre-pandemic levels, but 54% fewer homes come up for sale

We read every month of Milan’s home sales since 2014 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, 33 sales.

If you’re buying in Milan

  • Shop in June. It brings about 7 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
  • You can negotiate. 17% of listings have cut their price, against 5% before the pandemic.
  • Offer under asking. Buyers paid 98% of the list price on average; 15% paid over.
  • You’ll usually have time. Only 3% of homes go under contract within two weeks; the typical one takes 90 days.
Best time to buy

Summer brings the homes; fall brings the bidding wars

June has the most new listings (about 7 a month), but September is the most competitive: 41% of September sales close over asking. November has the least competition (16%) but only about 3 new listings.

New listings a monthShare sold over asking
02.557.51020%40%60%Sweet spotJan: 3 new listings a month, 19% sold over asking, 269 days to sellJFeb: 2 new listings a month, 17% sold over asking, 181 days to sellFMar: 4 new listings a month, 17% sold over asking, 201 days to sellMApr: 5 new listings a month, 17% sold over asking, 226 days to sellAMay: 5 new listings a month, 30% sold over asking, 212 days to sellMJun: 7 new listings a month, 17% sold over asking, 130 days to sellJJul: 4 new listings a month, 28% sold over asking, 186 days to sellJAug: 4 new listings a month, 36% sold over asking, 146 days to sellASep: 5 new listings a month, 41% sold over asking, 215 days to sellSOct: 4 new listings a month, 26% sold over asking, 157 days to sellONov: 3 new listings a month, 16% sold over asking, 170 days to sellNDec: 1 new listings a month, 28% sold over asking, 119 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than New York

Milan now2017–192021 peakNY now
Sold over askingShare of sales that closed above the list price15%17%45%41%
Gone within two weeksShare of homes under contract within 14 days3%1%0%26%
Listings with a price cutShare of homes for sale that cut their price17%5%6%20%
Price paid vs. askingAverage sale price ÷ list price98%95.7%100.2%101%
Days to sellMedian days from listing to contract9021211941
Supply

15 homes for sale on a typical day

That’s 54% fewer than in 2017–19 and well under 2014’s 37.

2014: 37 for sale’142015: 35 for sale2016: 31 for sale2017: 34 for sale’172018: 33 for sale2019: 29 for sale2020: 18 for sale’202021: 19 for sale2022: 14 for sale2023: 14 for sale’232024: 14 for sale2025: 17 for saleLast 12 months: 15 for saleNow
Room to negotiate

1 in 6 listings has cut its price

17% in the last year, against 5% in 2017–19 and 20% across New York. More sellers are pricing high and coming down.

2015: 3%’152016: 5%2017: 4%2018: 6%’182019: 4%2020: 5%2021: 6%’212022: 13%2023: 20%2024: 20%’242025: 18%Last 12 months: 17%Now

Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Milan home costs about $5,860 a month

Mortgage
Property tax
Insurance
Rent

Price: Milan’s typical sale, last 12 months. Property tax at Milan’s 1.7% (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.

Before you buy in Milan

Six things worth knowing

7

New listings in June

The month with the most choice. December has the fewest, about 1.

Best time to buy
1.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $879K home, about $15,280 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Milan, from test results, graduation and how much students grow.

Schools in Milan
27 min

Typical commute

The average one-way trip to work for people who live in Milan.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Gallatin, Stanford, Glasco, Saugerties South and Livingston sell for less a square foot

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.

SoldTypical sale$/sq ftOver askingDays to sell
Stanford35$800K$35334%88
Livingston35$446K$23511%98
Milan33$879K$43315%90
Gallatin28$677K$34129%107
Rhinebeck25$833K$43544%56
Saugerties South25$367K$22044%61
Glasco23$394K$23930%68

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.

Selling, or renting out?

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, NY?

33 homes sold in the year to May 2026 at a typical $879K, $433 a square foot.

Is Milan a buyer’s or seller’s market?

A seller’s market: 10 homes were for sale in May 2026 and 3 sold, about 3.3 months of supply. Buyers paid 98% of asking on average, and 17% of listings cut their price.

When is the best time to buy in Milan?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Milan?

About 1.7% of a home’s value a year. On a $879K home that’s near $15,280.

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).