Is Milan, IL 61264 a buyer’s or seller’s market?
Milan is a seller’s market. With about 1.3 months of supply and 24% 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 supply1.3Under 4 months = seller’s market
Sold above original list23.5%Share of sales, last 3 months
Median sale-to-list98.1%Sold price ÷ list price
Median days on market11Listing to accepted offer
Median price per sq ft$146▲ +3.8% vs. last year
Run the numbers for 61264
Nearby markets
Andalusia 61232Balanced $118 /sq ftCarbon Cliff 61239Seller’s market $143 /sq ftCoal Valley 61240Seller’s market $140 /sq ftCordova 61242Buyer’s market $106 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology