Population: 693 · Density: 3.9/mi² · Median household income: $80,625
Typical home value: $103,627 · Homeownership: 89.5%
Data as of January 2026. Source: Realtor.com.
The MILAN, MN real estate market (56262) currently shows 1 active listings. Homes are averaging 5 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 5 days on market compared to 180 days last year.
The median listing price has fallen 58.3% year-over-year, from $96,000 to $40,000.
Whether you are buying or selling in MILAN, MN, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56262 | Milan, MN 56262 | 0.0 mi | 1 | $40,000 | $40,000 | $40,000 |
| 56208 | Appleton, MN 56208 | 10.8 mi | 14 | $2,585,212 | $169,900 | $184,658 |
| 56231 | Danvers, MN 56231 | 11.9 mi | 1 | $86,500 | $86,500 | $86,500 |
| 56256 | Madison, MN 56256 | 17.6 mi | 11 | $2,378,860 | $197,400 | $216,260 |
| 56218 | Boyd, MN 56218 | 20.8 mi | 3 | $792,000 | $264,000 | $264,000 |
| 56212 | Bellingham, MN 56212 | 22.3 mi | 1 | $169,000 | $169,000 | $169,000 |
| 56223 | Clarkfield, MN 56223 | 25.0 mi | 6 | $776,160 | $80,000 | $129,360 |
| 56222 | Clara City, MN 56222 | 26.5 mi | 6 | $1,726,002 | $262,500 | $287,667 |
| 56252 | Kerkhoven, MN 56252 | 27.8 mi | 5 | $1,247,500 | $249,500 | $249,500 |
| 56278 | Ortonville, MN 56278 | 29.1 mi | 16 | $5,175,600 | $245,000 | $323,475 |
| 56282 | Raymond, MN 56282 | 32.4 mi | 2 | $570,000 | $285,000 | $285,000 |
| 56220 | Canby, MN 56220 | 34.2 mi | 5 | $961,250 | $135,000 | $192,250 |
| 56279 | Pennock, MN 56279 | 34.3 mi | 2 | $836,000 | $418,000 | $418,000 |
As of January 2026, there are 1 active listings in MILAN, MN (zip code 56262), compared to 1 the prior year.
The median listing price in MILAN, MN 56262 is $40,000 as of January 2026, a 58.3% decrease from $96,000 the prior year.
Homes in MILAN, MN 56262 spend an average of 5 days on the market before going under contract, compared to 180 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MILAN, MN 56262 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 5 days on market compared to 180 days last year.
With SELL123.com's maximum 3% commission, sellers in MILAN, MN 56262 save an estimated $800 compared to a typical 5% commission on the median listing price of $40,000. 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.