Milan IL Multi Family for Sale

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Milan Real Estate

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.

Milan Weather

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.

Milan Real Estate Market Conditions

  • Median sales price

    $155,000
    8.3% change since last quarter
  • # Active listings

    46
    30-day change

Milan Schools and Demographics

Education near Milan, IL

Metric City County
High School Graduates 89.54 89.02
College Degree - 2 year 10.63 10.64
College Degree - 4 year 20.21 23.57
Graduate Degree 5.78 6.66
Expenditures per Student 15,998 15,998
Students per Teacher 15.2 15.2

Elementary Schools near Milan, IL

School Grades Students P/T Ratio ZIP
Andalusia Elementary School 03 - 05 240 16.9 61232
Benjamin Franklin Elementary School KG - 05 258 18.5 61265
Butterworth Elementary School KG - 05 259 15.5 61265
Denkmann Elementary School PK - 06 483 22 61201
Earl H Hanson Elementary School PK - 06 414 12.6 61201
Ericsson Elementary School PK - 05 107 13.9 61265
Eugene Field Elementary School KG - 06 399 20.9 61201
Frances Willard Elementary School PK - 06 313 14.3 61201
Garfield Elementary School KG - 05 379 17.5 61265
George Washington Elementary School PK - 05 295 15.2 61265
Horace Mann ELC PK - PK 108 9 61201
Jane Addams Elementary School KG - 05 267 15.6 61265
Jefferson Early Childhood Center PK - PK 260 32.5 61265
Lincoln-Irving Elementary School KG - 05 443 18.5 61265
Logan Elementary School KG - 05 383 18.4 61265
Longfellow Elementary School PK - 06 320 17.6 61201
Ricms PK - 06 568 19.6 61201
Ridgewood Elementary School PK - 06 327 17.5 61201
Rock Island Academy PK - 06 508 15.3 61201
Roosevelt Elementary School PK - 05 301 15.1 61265
Sherrard Elementary School KG - 04 252 14 61281
Thomas Jefferson Elementary School PK - 06 447 18.9 61264
Willard Elementary School KG - 05 269 17.6 61265

Middle Schools near Milan, IL

School Grades Students P/T Ratio ZIP
Edison Junior High School 07 - 08 429 17.7 61201
Hamilton Elementary School KG - 05 144 17.7 61265
John Deere Middle School 06 - 08 755 16.4 61265
Sherrard Junior High School 07 - 08 244 13.4 61281
Washington Junior High School 07 - 08 535 17.6 61201
Woodrow Wilson Middle School 06 - 08 891 19.4 61265

High Schools near Milan, IL

School Grades Students P/T Ratio ZIP
Moline High School At Coolidge Campus 08 - 12 65 6.8 61265
Moline Senior High School 09 - 12 2,122 19.1 61265
Rock Island High School 09 - 12 1,736 17.3 61201
Sherrard High School 09 - 12 484 14.1 61281
Thurgood Marshall Learning Center 07 - 12 154 11.7 61201

Demographics near Milan, IL

Metric City County
Neighborhood Type Suburban
Population 5,096 144,694
Population Density 819 339
Median Age 39.2 40.1
People per Household 2 2.3
Median Household Income 54,691 58,974
Average Income per Capita 39,618 31,715