The median home value in Milan, IL is $155,000. This is higher than the county median home value of $129,200. The national median home value is $338,100. The average price of homes sold in Milan, IL is $155,000. Approximately 58.16% of Milan homes are owned, compared to 35.28% rented, while 6.57% are vacant. Milan real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Milan real estate agent to arrange a tour today!
Milan, Illinois has a population of 5,096. Milan is less family-centric than the surrounding county with 25.33% of the households containing married families with children. The county average for households married with children is 26.3%.
The median household income in Milan, Illinois is $54,691. The median household income for the surrounding county is $58,974 compared to the national median of $69,021. The median age of people living in Milan is 39.2 years.
The average high temperature in July is 84.8 degrees, with an average low temperature in January of 14.5 degrees. The average rainfall is approximately 37.1 inches per year, with 28.5 inches of snow per year.