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IL area data

Milan, IL

Milan, IL.

Population: 10,073 (Census ACS)

Home values & appreciation

Median home value
$195,765
1-year appreciation
+6.9%
3-year appreciation
+12.0%
5-year appreciation
+23.3%
10-year appreciation
+52.0%
All-time peak (2026-07)
$195,765
House Price Index
325.3 (+6.1% YoY)

Market activity

Median sale price
$159,900
Median list price
$219,900
Median days on market
53 days
Sale-to-list ratio
98.6%
Active listings
18
1-year forecast
+0.9%
New listings (monthly)
12

Rents

Typical rent
$925/mo
1BR fair-market rent
$975/mo
3BR fair-market rent
$1,586/mo

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
coldWave, lightning, strongWind, tornado, winterWeather
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
54.0°F
Average high
63.0°F
Average low
45.0°F
Annual precipitation
29.0 in
Annual snowfall
27.1 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
51
Days with Good air quality
178
Days with Unhealthy air quality
3

Walkability & transit

Walkability index
4.5 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Herbert Hoover National Historic Site (43 mi)
Nearest airport
Quad City International Airport (MLI) (6 mi)
Nearest major airport
Quad City International Airport (MLI) (6 mi)
Hospitals nearby (~15 mi)
6
Avg hospital rating
2.0 / 5
EV charging stations (within 10 mi)
20
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-485 tax filers

Housing stock

Median year housing built
1,969
Median annual property tax
$3,420
Mean commute to work
21 min
Households with broadband internet
71.4%

Employment & development

Total county employment
60,429
Average weekly wage
$1,339
Top industries (by employment)
Health Care, Wholesale Trade, Accommodation & Food
Annual residential building permits (county)
35

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents