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Foreclosure Homes in Milan, IN

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Milan, IN Foreclosures

How much do homes sell for in Milan, IN?
The average home price is currently $270,664.
In Milan, IN, how many homes are available?
There are currently 4 active home listings available in Milan.
What’s the average rental cost in Milan, IN?
The average rental price in Milan is $1,133.
What is the most expensive home in Milan?
The most expensive home sold in Milan had a price of $1,376,104.
What is currently the cheapest priced home in Milan, IN?
The cheapest home for sale in Milan is priced at $15,319.

Living in Milan, IN

Milan, Indiana is a charming small town that provides a peaceful living environment with a strong sense of community. Known for its local traditions and proximity to major urban centers, Milan is perfect for families and individuals looking for a more serene lifestyle. With diverse outdoor activities and essential amenities, residents enjoy a balance of small-town charm and accessibility to larger cities.

Current Market Conditions in Milan, IN

The real estate market in Milan remains stable, with a balanced supply of homes available for buyers. Prices have seen a modest increase over the last year, reflecting a growing interest in this quaint town, particularly among families and first-time homebuyers looking for affordable options in Indiana.

Despite the small size of the town, Milan has attracted attention due to its proximity to larger metropolitan areas, leading to a slight increase in home values. Investors are exploring opportunities in the area, focusing on rental properties that cater to commuters to nearby cities.

Home Value Estimator For Milan, IN

There are currently 2,463 real estate properties in Milan, IN, with a median automated valuation model (AVM) price of $236,489.00. 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, IN, 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, IN, is $270,664.00, with the most expensive house in Milan, IN, topping out at $1,376,104.00 and the cheapest home in Milan, IN, clocking in at $15,319.00. In other words, there’s something for every potential homebuyer or savvy investor in Milan, IN!

Rent Prices In Milan, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Milan, IN, is on a rollercoaster ride. The average rent price in Milan, IN, is $1,133.00. Indeed, when looking to rent in Milan, IN, you can expect to pay as little as $630.00 or as much as $2,220.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Milan, IN -- 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, IN Foreclosures

Market Trend for Milan, IN

Total Listings Available: 4

Market Values:

Home Prices from $15,319 to $1,376,104

Average Sales Price: $270,664

Rental Values:

Rental from $630 to $2,220

Average Rent Value: $1,133 / month

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