14 hours on Rocket
$2,374 Closing Credit¹
#81025009297, Valarie Moore, Listing Office: Keller Williams Ann Arbor
Milan Township Housing Market Report February 2025•Monroe County, Michigan
Housing Prices in Milan Township, MI
How much do homes in Milan Township, MI cost?
Housing Market Conditions
Is Milan Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Milan Township is a Neutral Market
Difference Since February 2024
At the same time last year, Milan Township was a Seller's Market.
Insight
Milan Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$294,000$163/SqFt
+$6,000
+2.1%
Based on all homes sold in the last 12 months
Insight
Homes in Milan Township have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Milan Township was $294,000 in February 2025, up 2.1% from last year, and the median price per square foot was $163.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| York Charter Township | $454K | $616K | +35.7% |
| Milan | $288K | $294K | +2.1% |
| Milan Township | $288K | $294K | +2.1% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $215.5K | $231K | +7.2% |
| 33 Bedrooms | $270K | $283.9K | +5.2% |
| 44 Bedrooms | $346.5K | $353K | +1.9% |
| 55+ Bedrooms | $412.5K | $379.5K | -8.0% |
Summary: Milan Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +7.2%. The home price for 3 bedroom homes increased by +5.2%. The home price for 4 bedroom homes increased by +1.9%. The home price for 5 bedroom homes decreased by -8.0%.
How does Milan Township, MI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Milan Township, MI
Housing supply in Milan Township, MI
How many homes are available in Milan Township, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 51Last MonthFeb 2025 | ||
| 482 months agoJan 2025 | +6.3 % Change MoMJan – Feb |
Summary: The Milan Township real estate market had 51 homes for sale in Feb 2025, a 6.3 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthFeb 2025 | ||
| 112 months agoJan 2025 | -27.3 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 11 | 12 | +9.1% |
| 33 Bedrooms | 25 | 24 | -4.0% |
| 44 Bedrooms | 10 | 13 | +30.0% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Milan Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +9.1%. The inventory for 3 bedroom homes decreased by -4.0%. The inventory for 4 bedroom homes increased by +30.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Milan Township, MI cost?
Over Asking Price2 Homes
At Asking Price1 Home
Under Asking Price5 Homes
Insight
If you're buying a home in Milan Township, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Milan Township in February 2025, down by 27.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and and 25% were sold over asking.
Days on Market for Milan Township, MI
How long does it take to sell a home in Milan Township, MI?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days2 Homes
Over 90 Days3 Homes
Insight
Many homes in Milan Township are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 8 homes were sold in Milan Township; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 65 DaysThis YearFeb 2025 | ||
| 57 Days1 year agoFeb 2024 | +14.9 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Milan Township had an average listing age of 65 days in Feb 2025, up by 14.9% compared to the previous year.
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Newest Listings in Milan Township, MI
What homes are available in Milan Township, MI?
Backup offers
$3,088 Closing Credit¹
#81025007993, Aleksandr Milshteyn, Guillermo Fleuruqin, Listing Office: Real Estate One
$5,936 Closing Credit¹
#25006627, Danielle Grostick, Listing Office: Real Estate One
$3,859 Closing Credit¹
#81025006531, Ana Skidmore, Listing Office: @properties Christies IntlAA
$3,741 Closing Credit¹
#81025006479, Denise Murray, Listing Office: Denise J. Murray
Backup offers
$4,382 Closing Credit¹
#25005804, Danielle Grostick, Listing Office: Real Estate One
#25005158, Sarah Walls, Listing Office: Walls Realty
Backup offers
$3,859 Closing Credit¹
#20250007741, Nathan B Oake, Justin P Smith, Listing Office: Griffith Realty
Backup offers
$3,561 Closing Credit¹
#57050166026, Danielle Grostick, Listing Office: Real Estate One in Milan
Backup offers
$3,561 Closing Credit¹
#25004291, Danielle Grostick, Listing Office: Real Estate One
#57050165940, Jacob Levicki, Listing Office: eXp Realty LLC in Monroe
$2,672 Closing Credit¹
#20250006104, Matthew Talbot, Danell M Ledin, Listing Office: Redefine Real Estate
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., and Michigan Regional Information Center LLC for the period 03/01/2023 - 03/01/2025
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 10:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.