Milan, MO Foreclosures
How much do homes sell for in Milan, MO?
The average home price is currently $138,459.
In Milan, MO, how many homes are available?
There are currently 1 active home listings available in Milan.
What’s the average rental cost in Milan, MO?
The average rental price in Milan is $869.
What is the most expensive home in Milan?
The most expensive home sold in Milan had a price of $833,300.
What is currently the cheapest priced home in Milan, MO?
The cheapest home for sale in Milan is priced at $20,002.
Living in Milan, MO
Milan, Missouri is a quaint town that offers a wholesome, small-town atmosphere perfect for families and retirees. With its rich history and community-centered lifestyle, residents enjoy various amenities, parks, and educational institutions. Outdoor activities abound, making Milan an attractive place to call home.
Current Market Conditions in Milan, MO
The real estate market in Milan shows signs of steady growth, with homes frequently selling at competitive prices. The area has become increasingly attractive to both first-time home buyers and investors due to its affordability in comparison to larger cities nearby. Homes in Milan typically move quickly, reflecting the community's increasing demand and vibrant market.
With the combination of low property taxes and competitive home prices, Milan presents an excellent opportunity for real estate investment. The ongoing renovation of local facilities and community projects add to the appeal of the area, encouraging more families and individuals to consider Milan as their new home.
Home Value Estimator For Milan, MO
There are currently 647 real estate properties
in Milan, MO,
with a median automated valuation model (AVM) price
of $124,753.00. 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, MO, 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, MO,
is $138,459.00, with the most expensive house
in Milan, MO, topping out
at $833,300.00 and the cheapest home
in Milan, MO,
clocking in at $20,002.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Milan, MO!
Rent Prices
In Milan, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Milan, MO, is on
a rollercoaster ride. The
average rent price in Milan, MO,
is $869.00. Indeed, when looking to rent in
Milan, MO, you can expect to pay as little
as $590.00 or as much
as $1,460.00,
with the average rent median estimated to
be $830.00. The good news is that finding
an affordable and desirable property to rent in Milan, MO
-- 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.