The median home value in Milan, TN is $229,950. This is higher than the county median home value of $75,100. The national median home value is $219,700. The average price of homes sold in Milan, TN is $229,950. Approximately 54.11% of Milan homes are owned, compared to 28.44% rented, while 17.45% 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, Tennessee has a population of 7,715. Milan is less family-centric than the surrounding county with 24.81% of the households containing married families with children. The county average for households married with children is 27.91%.
The median household income in Milan, Tennessee is $37,075. The median household income for the surrounding county is $41,315 compared to the national median of $57,652. The median age of people living in Milan is 39.8 years.
The average high temperature in July is 90.2 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 53.8 inches per year, with 4 inches of snow per year.