Is Milan, IN 47031 a buyer’s or seller’s market?
Milan is a seller’s market. With about 1.7 months of supply and 23% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.7Under 4 months = seller’s market
Sold above original list22.7%Share of sales, last 3 months
Median sale-to-list98.7%Sold price ÷ list price
Median days on market14Listing to accepted offer
Median price per sq ft$188▲ +58.8% vs. last year
Run the numbers for 47031
Nearby markets
Batesville 47006Seller’s market $136 /sq ftCross Plains 47017 $183 /sq ftHolton 47023Buyer’s market $196 /sq ftOsgood 47037Seller’s market $130 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology