48160 Real Estate Market

48160 Market

The median sale price for homes in 48160 over the last 12 months is $119,000.


The median mortgage debt is $175,271.

Additional Statistics for Single Family Homes and Condos in Milan, MI
$127,410
Median Listing Price
52
Median Days on Market
126
Active Listings
19.0%
Distressed Listings
(foreclosures and short sales)
48160 (Milan, MI) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Milan is $129,000. The list prices increased by 2.38% from the previous month.

The price per square foot for listings in this area is $84.

The median sale price in December for single family homes is $158,617. The sale prices increased by 72.4% from the previous month.

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48160 (Milan, MI) Market Inventory Trends

The number of active listings in Milan increased by 10.3% from the previous month.

The median number of days active properties have been listed is 53. This is significantly shorter than the national average.

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48160 (Milan, MI) Property Ownership

The percent of owner occupied properties in Milan is 14.7% above the national average.

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