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MILAN, MI 48160

Real Estate Market Report
Seller's Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48160

Quartier de Chatusses · Valescure

Market Analysis

Data as of June 2026. Source: Realtor.com.

The MILAN, MI real estate market (48160) currently shows 56 active listings, with 23 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 38 days on market compared to 50 days last year.

The median listing price has risen 1% year-over-year, from $343,675 to $347,175.

Whether you are buying or selling in MILAN, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 14,163  ·  Density: 70.2/mi²  ·  Median household income: $95,833

Typical home value: $240,840  ·  Homeownership: 82.5%

Market Overview

Active Listings
56
⇩ 1.8% vs 57 last year
Pending
23
41% pending ratio
Median Price
$347,175
⇧ 1% vs $343,675 last year
Average Price
$400,323
⇧ 13.8% vs $351,731 last year
Days on Market
38
⇩ 24% vs 50 days last year

Price Per Square Foot

Median $/sqft
$202
⇧ 8% vs $187/sqft last year
Median Home Size
1,617 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 56 this year vs 57 last year
  • Days on market: 38 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $347,175 (+1% YoY)
  • Average: $400,323 (+13.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.8 miles — 669 listings ($262,220,695 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48160Milan, MI 481600.0 mi36$13,040,280$350,000$362,230
48159Maybee, MI 481597.5 mi3$1,836,750$612,250$612,250
48197Ypsilanti, MI 481978.3 mi109$39,271,501$333,675$360,289
49229Britton, MI 492299.9 mi8$1,657,360$220,950$207,170
48111Belleville, MI 4811111.9 mi112$42,219,184$367,498$376,957
49238Deerfield, MI 4923813.4 mi1$252,400$252,400$252,400
49286Tecumseh, MI 4928613.9 mi32$9,571,168$267,000$299,099
48198Ypsilanti, MI 4819814.1 mi93$25,844,514$227,500$277,898
48140Ida, MI 4814014.8 mi4$1,126,100$281,175$281,525
48164New Boston, MI 4816415.0 mi31$10,716,390$373,725$345,690
48161Monroe, MI 4816116.1 mi78$25,074,192$265,925$321,464
48105Ann Arbor, MI 4810517.2 mi82$72,047,496$651,975$878,628
48174Romulus, MI 4817418.8 mi80$19,563,360$217,425$244,542

Frequently Asked Questions

How many homes are for sale in MILAN, MI 48160?

As of June 2026, there are 56 active listings in MILAN, MI (zip code 48160), compared to 57 the prior year.

What is the median home price in MILAN, MI 48160?

The median listing price in MILAN, MI 48160 is $347,175 as of June 2026, a 1% increase from $343,675 the prior year.

How long do homes stay on the market in MILAN, MI?

Homes in MILAN, MI 48160 spend an average of 38 days on the market before going under contract, compared to 50 days the prior year.

Is it a seller's or buyer's market in MILAN, MI 48160?

Based on current inventory and days-on-market data as of June 2026, MILAN, MI 48160 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 38 days on market compared to 50 days last year.

How much can I save on real estate commission in MILAN, MI?

With SELL123.com's maximum 3% commission, sellers in MILAN, MI 48160 save an estimated $6,944 compared to a typical 5% commission on the median listing price of $347,175. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.