Milan, TN Foreclosures
How much do homes sell for in Milan, TN?
The average home price is currently $192,775.
In Milan, TN, how many homes are available?
There are currently 3 active home listings available in Milan.
What’s the average rental cost in Milan, TN?
The average rental price in Milan is $954.
What is the most expensive home in Milan?
The most expensive home sold in Milan had a price of $6,374,333.
What is currently the cheapest priced home in Milan, TN?
The cheapest home for sale in Milan is priced at $5,086.
Living in Milan, TN
Milan, TN, is a friendly small town that offers a blend of rural charm and modern amenities. With quality schools, lush parks, and a welcoming community, Milan is perfect for families and individuals seeking a peaceful lifestyle. The city’s convenient location allows for easy access to nearby urban centers while retaining its unique small-town appeal.
Current Market Conditions in Milan, TN
The real estate market in Milan, TN, is currently experiencing a steady growth trend, driven by an influx of families and individuals seeking affordable housing options. The availability of diverse properties, from historic homes to new builds, caters to a variety of buyers, making it an attractive market for first-time homeowners and investors alike.
Over the past few months, home sales have shown resilience despite national economic fluctuations. The demand for homes in Milan has been robust, and prices have remained stable, with some appreciation noted in desirable neighborhoods.
Home Value Estimator For Milan, TN
There are currently 4,903 real estate properties
in Milan, TN,
with a median automated valuation model (AVM) price
of $161,768.00. 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, TN, 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, TN,
is $192,775.00, with the most expensive house
in Milan, TN, topping out
at $6,374,333.00 and the cheapest home
in Milan, TN,
clocking in at $5,086.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Milan, TN!
Rent Prices
In Milan, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Milan, TN, is on
a rollercoaster ride. The
average rent price in Milan, TN,
is $954.00. Indeed, when looking to rent in
Milan, TN, you can expect to pay as little
as $490.00 or as much
as $2,300.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Milan, TN
-- 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.
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