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MI area data

Milan, MI

Milan, MI.

Population: 13,972 (Census ACS)

Home values & appreciation

Median home value
$315,867
1-year appreciation
+4.1%
3-year appreciation
+10.2%
5-year appreciation
+21.2%
10-year appreciation
+73.2%
All-time peak (2026-05)
$316,011
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$350,000
Median list price
$349,900
Median days on market
36 days
Sale-to-list ratio
99.1%
Active listings
35
1-year forecast
+0.6%
Days to pending
33 days
New listings (monthly)
22

Rents

2-bedroom fair-market rent (HUD reference)
$1,261/mo
3BR fair-market rent
$1,639/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
6
Elementary schools
2
Middle schools
1
High schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
coldWave, iceStorm, lightning, strongWind, tornado
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
50.0°F
Average high
59.0°F
Average low
40.0°F
Annual precipitation
37.1 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
52
Days with Good air quality
168
Days with Unhealthy air quality
2

Walkability & transit

Walkability index
8.5 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
River Raisin National Battlefield Park (19 mi)
Nearest airport
Trudeau Airport (5 mi)
Nearest major airport
Willow Run Airport (YIP) (13 mi)
Hospitals nearby (~15 mi)
8
Avg hospital rating
2.8 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-2,092 tax filers

Housing stock

Median year housing built
1,972
Median annual property tax
$3,670
Mean commute to work
26 min
Households with broadband internet
67.4%

Employment & development

Total county employment
133,883
Average weekly wage
$1,328
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
553

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