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MI area data

Milan, MI

Milan, MI.

Population: 13,972 (Census ACS)

The median home value in Milan, MI is $311,816 — up 3.8% over the past year. Homes sell for a median $344,603 after a median 40 days on market. 6 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with coldwave, icestorm, lightning the top-rated hazards. Cost of living is 3.8% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$311,816

Median home value

+3.8%

1-year change

40

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$311,816
1-year appreciation
+3.8%
3-year appreciation
+9.8%
5-year appreciation
+21.3%
10-year appreciation
+72.5%
All-time peak (2026-08)
$311,816
House Price Index (state)
400.5 (+3.7% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$344,603
Median list price
$304,450
Median price per sqft
$209
1-year sale-price change
+6.0%
Median days on market
40 days
Homes sold (recent period)
58
For-sale inventory
43
Sale-to-list ratio
98.6%
Active listings
38
1-year forecast
+1.7%
Days to pending
33 days
New listings (monthly)
19

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$908/mo
1BR fair-market rent
$997/mo
2BR fair-market rent
$1,304/mo
3BR fair-market rent
$1,595/mo
4BR fair-market rent
$2,153/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
96.2 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
6
Elementary schools
2
Middle schools
1
High schools
2
Avg student-teacher ratio
14.1 : 1
Schools include
Clayton H Symons Elementary School, Milan High School, Paddock Elementary School, Milan Middle School, Milan Alternative Education

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
coldWave, iceStorm, lightning, strongWind, tornado
Notable hazard ratings (county)
hail: Relatively Moderate · tornado: Relatively High · coldWave: Relatively High · heatWave: Relatively Moderate · iceStorm: Relatively High · landslide: Relatively Low
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 11% of US counties
Buildings in wildfire direct-exposure zone
38.5%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Gelman Sciences Inc. (15.1 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
49.0°F
Average high
59.0°F
Average low
40.0°F
Annual precipitation
35.9 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
41
Days with Good air quality
253
Days with Moderate air quality
104
Days with Unhealthy air quality
1
Highest AQI recorded (year)
152

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
8.5 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
45,953
Jobs reachable by transit (45 min)
41,609

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
River Raisin National Battlefield Park (19 mi)
National parks include
River Raisin National Battlefield Park, Perry's Victory & International Peace Memorial
Airports within 30 mi
41
Nearest airport
Trudeau Airport (5 mi)
Nearest major airport
Willow Run Airport (YIP) (13 mi)
Hospitals nearby (~15 mi)
55
Hospitals include
ST JOE MERCY HOSPITAL SYSTEM LIVONIA, PROMEDICA CHARLES AND VIRGINIA HICKMAN HOSPITAL, ASCENSION PROVIDENCE HOSPITAL, SOUTHFIELD AND NOVI
Avg hospital rating (CMS)
2.8 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-2,092 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,972
Housing built before 1970
47.8%
Housing built 2000 or later
21.7%
Median annual property tax
$3,670
Mean commute to work
26 min
Households with broadband internet
67.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
134,542
Average weekly wage
$1,424
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
1,088

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

MilanState medianUS median
Median home value$311,816$242,800$288,527
Median sale price$344,603$265,000$325,000
Median days on market40 days36 days51 days
Median annual property tax$3,670$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Milan, MI?
$311,816.
What is the median sale price in Milan, MI?
$344,603.
How long do homes take to sell in Milan, MI?
Median days on market: 40 days.
What is typical rent in Milan, MI?
2-bedroom fair-market rent: $1,304/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Milan, MI?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: coldWave, iceStorm, lightning, strongWind, tornado.
Is Milan, MI in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in Milan, MI?
Risk to homes is higher than 11% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Milan, MI?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Milan, MI?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Milan, MI?
6 schools (2 elementary, 1 middle, 2 high) (NCES, 2022-23).
Is Milan, MI walkable?
Walkability index: 8.5/20 (EPA Smart Location Database).
What is the air quality in Milan, MI?
Good. Median AQI: 41. (EPA AQI).
What is the cost of living in Milan, MI?
Regional Price Parity: 96.2 (100 = US average) (Average) (BEA RPP, metro/state-level).

ZIP code for Milan

Listing a home in Milan, MI?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents