Zip 63556 (Milan, MO) Housing

Housing in 63556 Milan, MO is relatively affordable with a median value of $81,900 compared to the national median value of $338,100. The US house appreciation over the past year was 8.27%, while the appreciation of housing in Milan has been even greater at 13.45%. This indicates that housing in Milan is a good investment and could be an attractive option for prospective buyers who are looking for reasonable prices with potential for growth.

The median home cost in Milan (zip 63556) is $81,900. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Milan (zip 63556) is up 17.1%.

Average Age of Homes

- The median age of Milan (zip 63556) real estate is 45 years old

The Rental Market in Milan (zip 63556)

- Renters make up 27.1% of the Milan (zip 63556) population
- 5.7% of houses and apartments in Milan (zip 63556), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Milan, Missouri	United States
	1,639.0	139,647,020.0
	49	42
	$81,900	$338,100
	17.1%	16.6%
	58.3%	57.0%
	73.2%	101.1%
	$10.37	$10.98
	$818	$2,690
	48.9%	57.4%
	31.3%	11.2%
	19.8%	31.4%
Vacant Housing
	5.7%	1.9%
	0.9%	0.4%
	1.0%	0.7%
	0.0%	0.4%
	7.0%	3.6%
	16.6%	4.1%
Value of Owner-Occupied Housing
	8.5%	2.6%
	10.6%	2.4%
	8.7%	2.8%
	23.2%	3.9%
	5.9%	4.5%
	14.3%	11.3%
	17.8%	13.0%
	6.4%	20.1%
	0.0%	13.6%
	1.0%	8.3%
	2.9%	9.7%
	0.0%	3.9%
	0.7%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.5%	13.6%
	8.5%	13.6%
	16.3%	13.6%
	8.1%	13.2%
	18.5%	14.8%
	16.3%	13.6%
	8.3%	10.0%
	8.3%	4.7%
	16.5%	12.2%

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