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Foreclosures in Milan, MN

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Milan, MN Foreclosures

How much do homes sell for in Milan, MN?
The average home price is currently $196,551.
In Milan, MN, how many homes are available?
There are currently 11 active home listings available in Milan.
What’s the average rental cost in Milan, MN?
The average rental price in Milan is $911.
What is the most expensive home in Milan?
The most expensive home sold in Milan had a price of $5,506,597.
What is currently the cheapest priced home in Milan, MN?
The cheapest home for sale in Milan is priced at $10,022.

Living in Milan, MN

Milan, MN is a picturesque small town that boasts a strong sense of community and serene rural living. Known for its agricultural background and friendly atmosphere, the town provides access to outdoor recreational activities and essential amenities. With a commitment to education and a safe environment, Milan is an ideal location for families and individuals alike.

Current Market Conditions in Milan, MN

The real estate market in Milan, MN is currently stable, with a slight uptick in demand for single-family homes due to the area's affordability and peaceful surroundings. Homes are generally priced lower than the national average, making Milan an attractive option for first-time homebuyers and investors looking for rental properties.

Recent trends indicate that buyers are increasingly interested in properties with larger lots suitable for gardening and outdoor activities, reflecting a growing preference for space and nature in residential choices.

Home Value Estimator For Milan, MN

There are currently 274 real estate properties in Milan, MN, with a median automated valuation model (AVM) price of $98,832.00. 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, MN, 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, MN, is $196,551.00, with the most expensive house in Milan, MN, topping out at $5,506,597.00 and the cheapest home in Milan, MN, clocking in at $10,022.00. In other words, there’s something for every potential homebuyer or savvy investor in Milan, MN!

Rent Prices In Milan, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Milan, MN, is on a rollercoaster ride. The average rent price in Milan, MN, is $911.00. Indeed, when looking to rent in Milan, MN, you can expect to pay as little as $440.00 or as much as $2,000.00, with the average rent median estimated to be $910.00. The good news is that finding an affordable and desirable property to rent in Milan, MN -- 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, MN Foreclosures


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