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Short Sale Listings in Milan, MI 48160

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Living in Milan, MI

Milan, MI, is a welcoming small town that combines historical charm with modern conveniences. It features vibrant community parks and recreational opportunities that appeal to families and individuals. Located conveniently near larger urban areas, Milan offers a peaceful environment while still providing easy access to various amenities.

Current Market Conditions in Milan, MI

The real estate market in Milan, MI, has shown steady growth in recent months. With a mix of single-family homes and townhouses, the area continues to attract buyers looking for more affordable options compared to larger cities nearby.

Home prices have been steadily increasing as demand outpaces supply in this charming town. The attractive school system and community amenities contribute to this trend, making Milan a desirable location for families.

Home Value Estimator For Milan, MI

There are currently 4,582 real estate properties in Milan, MI, with a median automated valuation model (AVM) price of $305,804.00. 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, MI, 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, MI, is $345,888.00, with the most expensive house in Milan, MI, topping out at $85,000,000.00 and the cheapest home in Milan, MI, clocking in at $12,293.00. In other words, there’s something for every potential homebuyer or savvy investor in Milan, MI!

Rent Prices In Milan, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Milan, MI, is on a rollercoaster ride. The average rent price in Milan, MI, is $1,518.00. Indeed, when looking to rent in Milan, MI, you can expect to pay as little as $710.00 or as much as $3,100.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Milan, MI -- 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, MI 48160 Short Sale Listings


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