Milan, MN Home Values & Market Trends

Real estate market trends reflect that there have been 7 transactions over the past year in Milan. The median value for residential home transactions that occurred over the previous year is $134,701. The number of current listings in Milan is 4, and the percentage of properties for sale in the city is 4.00%. Milan, MN currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 4 properties for sale.

Milan, MN Real Estate Market Overview

ZipMedian Est. Value
56262

$ 134,701

$ 178/sqft

Housing Market Summary for Milan, MN

Sep 2025September 2026Change
Median Listing Price$0$175K-
Median Sold Price$174.9K$80,768-53.83%
Homes For Sale24100.00%
Homes Sold2350.00%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Milan, MN

Milan home values range from $35,279 to $243,503. The median estimated value of a home in Milan is $134,701. The median list price of a home is 175,000, and the total count of properties in the city is 10.

Foreclosure
There is 1 zips within Milan, MN; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Milan, MN with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Milan, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Milan, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Milan, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Milan, MN. There is 1 zips within Milan, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Milan, MN. Auction homes and other auction properties account for 0% of all properties in Milan, MN. There is 1 zips within Milan, MN; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 40.00% of residential properties in Milan, MN with 56262 containing 4 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Milan, MN; homes for sale in that zips, have a range of median values from $243,503 in 56262 to the lowest value of $60,478 in 56262.
    Sold Homes
    The median value for recently sold homes ranges from $121,006 in 56262 to the lowest price of $35,279 in 56262. There is 1 zips within Milan, MN. 56262 has 6 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 60.00% of properties in Milan, MN.

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      Guide for Milan, MN

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.

      Recently Listed Homes Milan, MN

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