A+
43%
Med. Home Val. NAT. AVG.
18%
Rent NAT. AVG.
5%
Owner Occ. NAT. AVG.

Milan Housing Information

IndexMilanIndianaNational
Median home price$186,846$226,920$326,622
Median rent asked$1,184$1,145$1,444
Avg. people per household2.52.52.6
Owner occupied households66.5%68.7%63.6%
Renter occupied households33.5%31.3%36.4%

Milan Housing Market

Monthly market trends

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Housing Quick Facts

  • The median home price in Milan is 43% lower than the national average.
  • The median rent asked in Milan is 18% lower than the national average.
  • The average number of people per household in Milan is 4% lower than the national average.
  • The number of owner occupied households in Milan is 5% higher than the national average.
  • The number of renter occupied households in Milan is 8% lower than the national average.

Most Affordable Places to Live in and Around Milan

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Compare Milan, IN Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Petersburg, KY375$0100%
      Holton, IN710$127,78061%
      Moores Hill, IN867$157,37252%
      Osgood, IN1,637$174,85146%
      New Point, IN381$184,72243%
      Milan, IN2,192$186,84643%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Hertford, NC2,192$260,35820%
      Watsontown, PA2,192$249,04124%
      Ferdinand, IN2,192$251,60223%
      Hyde Park, PA2,193$221,63032%
      Dover, PA2,191$268,18118%
      Milan, IN2,192$186,84643%
      Source: The Milan, IN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.