Milan, NM

Leaning buyer's+242.3% YoY

Housing market overview · Updated weekly

$342,000median sale price

Homes sold

1

Last 12 weeks

Days on market

247

Average pace

Active listings

3

3.0 months supply

Sale-to-list

92.4%

Below asking

The Milan housing market is currently classified as a leaning buyer's with a median sale price of $342,000. Prices have risen 242.3% compared to last year, with homes spending an average of 247 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Milan

There are currently 3 homes listed for sale in Milan, New Mexico.

Active listings

3

Homes on market

Avg. days on market

247

Days until sale

Sale-to-list:92.4%

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Frequently asked questions

What is the average home price in Milan?

The median home sale price in Milan is $342,000, up 242.3% from last year.

How long do homes stay on market in Milan?

Homes typically spend 247 days on market before going under contract.

Is Milan a buyer's or seller's market?

With 3.0 months of supply, Milan is currently a leaning buyer's.

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