Milan Housing Market Report February 2025•Sullivan County, Missouri

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Housing Prices in Milan, MO

How much do homes in Milan, MO cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$109,000$74/SqFt
+$10,000
+10.1%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Milan has increased by 10.1% since last year.

Summary: The median home list price in Milan was $109,000 in February 2025, up 10.1% from the previous year, and the median price per square foot was $74.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Polk Township
+11.5%
Milan
+10.1%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$85K$45K
-47.1%
2$74K$68.9K
-6.8%
3$137K$127.5K
-6.9%
4$227K$208.3K
-8.2%
5$299K$194.5K
-34.9%

Summary: Milan housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -47.1%. The home price for 2 bedroom homes decreased by -6.8%. The home price for 3 bedroom homes decreased by -6.9%. The home price for 4 bedroom homes decreased by -8.2%. The home price for 5 bedroom homes decreased by -34.9%.

How does Milan, MO compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Milan, MO

Housing supply in Milan, MO

How many homes are available in Milan, MO?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
20Last MonthFeb 2025
182 months agoJan 2025
+11.1 %
Change MoMJan – Feb

Summary: The Milan real estate market had 20 homes for sale in Feb 2025, a 11.1 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
111
0.0%
255
0.0%
379
+28.6%
455
0.0%
500
0.0%

Summary: Milan 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 remained the same. The inventory for 3 bedroom homes increased by +28.6%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for Milan, MO

How long does it take to sell a home in Milan, MO?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in Milan are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 1 homes were sold in Milan; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
100 DaysThis YearFeb 2025
236 Days1 year agoFeb 2024
-57.6 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Milan had an average listing age of 100 days in Feb 2025, down by 57.6% compared to the previous year.

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Newest Listings in Milan, MO

What homes are available in Milan, MO?

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MLS Disclaimers and Copyright

Based on information from Northeast Central Association of REALTORS® MLS, West Central Association of Realtors® MLS, and Heartland Multiple Listing Service Inc. for the period 03/01/2023 - 03/01/2025

Listing information provided in part by the Northeast Central Association of REALTORS® MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © 2025 Northeast Central Association of Realtors MLS. 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: 3/15/2025, 4:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
nformation is provided by West Central Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. Copyright 2025 West Central Association of REALTORS. 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: 3/15/2025, 4:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Copyright 2025, Heartland Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Properties displayed may be listed or sold by various participants in the MLS. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:54:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.