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Sheriff Sale Homes in Milan, IL

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Milan, IL Foreclosures

How much do homes sell for in Milan, IL?
The average home price is currently $214,714.
In Milan, IL, how many homes are available?
There are currently 1 active home listings available in Milan.
What’s the average rental cost in Milan, IL?
The average rental price in Milan is $1,225.
What is the most expensive home in Milan?
The most expensive home sold in Milan had a price of $10,114,940.
What is currently the cheapest priced home in Milan, IL?
The cheapest home for sale in Milan is priced at $10,188.

Living in Milan, IL

Milan, Illinois, is a welcoming village known for its tight-knit community and convenient location just minutes from the Quad Cities. Residents enjoy access to parks, schools, and local commerce, making it a great place to live. The area features a peaceful suburban atmosphere while being close to vibrant city life.

Current Market Conditions in Milan, IL

The real estate market in Milan is showing promising stability, with a moderate level of inventory and consistent demand. Homes are being purchased reasonably quickly, highlighting the area's appeal for families looking for affordable housing, while investors are also finding potential in the steady home value appreciation.

Milan has experienced a growth trend in the real estate market over the past decade, benefiting from its proximity to larger urban areas and employment centers. The village's blend of affordable housing options and community-focused amenities makes it an attractive destination for homebuyers and renters alike.

Home Value Estimator For Milan, IL

There are currently 3,856 real estate properties in Milan, IL, with a median automated valuation model (AVM) price of $162,011.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Milan, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Milan, IL, is $214,714.00, with the most expensive house in Milan, IL, topping out at $10,114,940.00 and the cheapest home in Milan, IL, clocking in at $10,188.00. In other words, there’s something for every potential homebuyer or savvy investor in Milan, IL!

Rent Prices In Milan, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Milan, IL, is on a rollercoaster ride. The average rent price in Milan, IL, is $1,225.00. Indeed, when looking to rent in Milan, IL, you can expect to pay as little as $460.00 or as much as $2,200.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Milan, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Milan, IL Sheriff Sale Homes


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