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Milan, MO Housing

 
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As of 2010-2014, median price of a house in Milan is $66,000, which is much lower than the state average of $136,700 and is much lower than the national average of $175,700. The Milan median house value has grown by 58.65% since 2000. The growth rate for the price of a house in Milan is higher than the state average rate of 52.06% and is higher than the national average rate of 46.91%. The median year that a house in Milan was built is 1968, which is older than the median year for a house built in the state which is 1975 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 420 Owner Occupied Houses in Milan, MO, #614
Milan, MO
66,000 USD
Missouri
136,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #266
Milan, MO
58.65%
Missouri
52.06%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Milan, MOMissouriU.S.
Total Housing Units884, see rank, 100%2,723,417132,741,033
Occupied Housing Units760, 85.97%, see rank86.70%87.55%
Owner Occupied420, 47.51%, see rank58.91%56.34%
Renter Occupied340, 38.46%, see rank27.79%31.21%
Vacant Housing Units124, 14.03%, see rank13.30%12.45%
For Rent36, 4.07%, see rank2.21%2.34%
For Sale Only0, 0.00%, see rank1.40%1.20%
Rented or Sold, Not Occupied19, 2.15%, see rank0.81%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank3.29%3.97%
For Migrant Workers11, 1.24%, see rank0.01%0.03%
Other Vacant58, 6.56%, see rank5.57%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #495
Milan, MOMissouriU.S.
196819751976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Milan, MO%MissouriU.S.
Owner-Occupied Units420100%1,604,28274,787,460
With a Mortgage24357.86%, see rank64.36%65.58%
Without a Mortgage17742.14%, see rank35.64%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Milan, MO
842 USD
Missouri
1,225 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMilan, MO%MissouriU.S.
$299 or Less00.00%, see rank0.20%0.20%
$300 to $499208.23%, see rank2.53%1.59%
$500 to $6996024.69%, see rank8.18%5.01%
$700 to $9997932.51%, see rank21.54%14.32%
$1,000 to $1,4998334.16%, see rank35.22%27.90%
$1,500 to $1,99910.41%, see rank18.15%20.35%
$2,000 to $2,99900.00%, see rank10.68%19.52%
$3,000 or More00.00%, see rank3.49%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Milan, MO
25.40% of the Total Income
Missouri
21.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Milan, MO%MissouriU.S.
10% or Less62.47%, see rank6.69%5.86%
10% to 20%8735.80%, see rank37.92%31.95%
20% to 30%8936.63%, see rank27.37%27.64%
30% to 40%197.82%, see rank12.01%13.74%
40% or More4217.28%, see rank15.59%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Milan, MO
291 USD
Missouri
398 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMilan, MO%MissouriU.S.
$199 or Less3117.51%, see rank8.43%7.76%
$200 to $2996536.72%, see rank17.97%14.70%
$300 to $4997441.81%, see rank44.24%34.63%
$500 to $69931.69%, see rank19.97%21.16%
$700 or More42.26%, see rank9.39%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Milan, MO
10.00% of the Total Income
Missouri
11.80% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Milan, MO%MissouriU.S.
10% or Less9754.80%, see rank41.98%40.19%
10% to 20%4625.99%, see rank32.68%31.47%
20% to 30%31.69%, see rank11.69%12.24%
30% to 40%2011.30%, see rank5.08%5.64%
40% or More116.21%, see rank7.45%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Milan, MOMissouriU.S.
Total Housing Units884, 100%2,723,417132,741,033
1-unit, Detached585, 66.18%, see rank70.21%61.65%
1-unit, Attached4, 0.45%, see rank3.41%5.82%
2 Units64, 7.24%, see rank3.46%3.75%
3 or 4 Units75, 8.48%, see rank4.58%4.43%
5 to 9 Units48, 5.43%, see rank3.83%4.78%
10 or More Units22, 2.49%, see rank7.92%13.08%
Mobile Home, Boat, RV, Van, etc.86, 9.73%, see rank6.59%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Milan, MOMissouriU.S.
Total Housing Units884, 100%2,723,417132,741,033
1 Room0, 0.00%, see rank1.38%1.95%
2 Rooms92, 10.41%, see rank1.72%2.48%
3 Rooms71, 8.03%, see rank7.15%9.13%
4 Rooms206, 23.30%, see rank15.92%16.60%
5 Rooms157, 17.76%, see rank22.29%20.41%
6 Rooms124, 14.03%, see rank18.72%18.06%
7 Rooms74, 8.37%, see rank12.63%12.27%
8 Rooms76, 8.60%, see rank8.92%8.48%
9 Rooms or More84, 9.50%, see rank11.27%10.60%
Median Rooms5.00, see rank5.605.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Milan, MOMissouriU.S.
Total Housing Units884, 100%2,723,417132,741,033
No Bedroom0, 0.00%, see rank1.52%2.17%
1 Bedroom195, 22.06%, see rank9.59%11.16%
2 Bedrooms277, 31.33%, see rank27.72%26.69%
3 Bedrooms314, 35.52%, see rank42.00%39.70%
4 Bedrooms51, 5.77%, see rank15.22%16.05%
5 or More Bedrooms47, 5.32%, see rank3.94%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Milan, MOMissouriU.S.
Total Housing Units760, 100%2,361,232116,211,092
Utility Gas469, 61.71%, see rank51.95%48.85%
Bottled, Tank, or LP Gas26, 3.42%, see rank9.41%4.86%
Electricity240, 31.58%, see rank33.77%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.24%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood22, 2.89%, see rank4.03%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.34%0.47%
No Fuel Used3, 0.39%, see rank0.23%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMilan, MOMissouriU.S.
Occupied Units Paying Rent319, 100%707,22239,201,928
$199 or Less32, 10.03%, see rank1.46%1.50%
$200 to $29958, 18.18%, see rank4.15%3.18%
$300 to $49942, 13.17%, see rank12.55%7.37%
$500 to $699110, 34.48%, see rank25.75%16.01%
$700 to $99947, 14.73%, see rank34.37%29.17%
$1,000 to $1,49930, 9.40%, see rank17.38%26.88%
$1,500 to $1,9990, 0.00%, see rank2.90%9.79%
$2,000 or More0, 0.00%, see rank1.44%6.10%
Median$571, see rank$740$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Milan, MOMissouriU.S.
Occupied Housing Units760, 100%2,361,232116,211,092
No Vehicles Available115, 15.13%, see rank7.36%9.12%
1 Vehicles Available302, 39.74%, see rank33.45%33.80%
2 Vehicles Available253, 33.29%, see rank38.38%37.48%
3 or More Vehicles Available90, 11.84%, see rank20.81%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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