Real Estate Housing Statistics
Milan, MI Quick Facts for Home Buyers and Sellers
Below are some of the latest real estate housing statistics for Milan provided by The Bouma Group. When considering the purchase of Milan real estate, they feel it is important to have a brief overview of the area.
Milan, Michigan Population & Real Estate Quick Facts
| People | Milan, MI | United States |
|---|---|---|
| Population | 14,569 |
293,655,400 |
| Population Density | 174 |
80 |
| Population Change | 13.89% | 5.88% |
| Median Age | 37.6 |
37.6 |
| Households | 4,878 |
108,954,329 |
| Household Size | 2.65 |
2.6 |
| Male Population | 56.32% | 48.65% |
| Female Population | 43.68% | 51.35% |
| Married Population | 59.39% |
58.89% |
| Single Population | 40.61% | 41.11% |
Recent Home Sales Trend
Median Sold Price Trend in Milan, MI
Milan, MI Real Estate Housing Facts
| Housing | Milan, MI |
United States |
|---|---|---|
| Median Home Age | 34 |
27 |
| Median Home Cost | $189,900 | $217,200 |
| Home Appreciation | -9.53% | 9.80% |
| Homes Owned | 77.25% | 64.07% |
| Housing Vacant | 3.45% | 14.48% |
| Homes Rented | 19.08% | 21.45% |
| Property Tax Rate | $11.15 | $13.28 |
Milan, Michigan Cost Of Living
Important Note
The information is provided to give you a general overview of Milan, Michigan. All facts and figures were pulled from census data and is current as of 10-2007. It's important to verify all information with a qualified professional such as a Milan Real Estate Agent. Never purchase real estate solely based on information presented on a Web site. If you are interested in speaking with a Qualified Real Estate Agent, please contact us.