Milan, MO Real Estate

According to census data in the year 2000 there were 861 housing units in Milan. This represents a 3.2% growth from 834 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 861 were located in what is classified as a rural area.

Homeownership rate in Milan is about 58.2%. Milan's vacancy rate, including seasonal lodging, is about 9.2%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Milan were built after 1952.


Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom17.90%
Two Bedrooms41.90%
Three Bedrooms30.70%
Four Bedrooms7.50%
Five Bedrooms or more0.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1947
Median Value of occupied units$41,600
Median Price asked for vacant units$25,800

Rented Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1960
Median Monthly Rent asked for vacant units$233

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1%
Home Equity Loan0%
Simple Mortgage32.70%
Debt Free66.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.6%