Milan, IL · Houses & Market Data

Milan, Illinois houses and real estate market data.

Houses in Milan, IL (Rock Island County) — Census median home value $120,300, county listing prices down about 5.3% over the past year. Market data for Milan houses and the broader area.

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Milan, IL is in Rock Island County, Illinois — this guide covers houses in Milan and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 5,037, with a median household income of $61,188. Census data puts Milan houses at a median value of $120,300 (all owner-occupied homes); Rock Island County's current median listing price runs $159,950, down about 5.3% over the past year.

Info from government sites and builders may have provided source info.

Market overview

Milan housing market

Milan is in Rock Island County, Illinois. Manifest Census and county price-trend data provide baseline context for houses in Milan and the surrounding county market.

Median home value (Census ACS)

$120,300

Population (Census ACS)

5,037

Median household income

$61,188

County price trend (2025)

3.19% YoY

Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.

At a glance

Milan market snapshot

Population

5,037

County

Rock Island County

Median Household Income

$61,188

Median Home Value (city)

$120,300

Median Listing Price (Rock Island County)

$159,950

Median Gross Rent

$817/mo

Price Trend (YoY)

-5.3%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About

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Why Milan

What makes Milan different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Milan's median home value — across all owner-occupied homes, not just recent sales — at $120,300. Separately, Rock Island County's current median listing price (via Realtor.com data, 2026-06-01) runs $159,950. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Rock Island County's FHFA house price index shows a 3.19% annual change in 2025.

Population & Income

Milan has an estimated population of 5,037 and a median household income of $61,188, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Milan's Census-reported median home value works out to about 2.0x the area's median household income, and median gross rent runs roughly 16% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

Nearby

Places around Milan

County guide: Rock Island County — cities, market context, and local resources for the county that includes Milan.

USAHouses.com also helps visitors looking in nearby Rock Island County and other Illinois communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.

Nearby communities include Oak Grove, Coyne Center, Rock Island, Moline, Rock Island Arsenal, Taylor Ridge, Andalusia, Silvis, Carbon Cliff, Campbell's Island, East Moline, Edgington, Hampton, Barstow, Rapids City, Buffalo Prairie.

More Illinois cities with market guides: Aurora, Joliet, Naperville, Rockford, Elgin, Springfield, Peoria, Waukegan.

Adjacent-county Census places with USAHouses.com pages: Coal Valley (~6.4 mi), Preemption (~8.5 mi), Sherrard (~9.0 mi), Reynolds (~9.1 mi), Cable (~11.2 mi), Orion (~11.3 mi), Colona (~12.2 mi), Hamlet (~12.3 mi), Matherville (~12.4 mi), Swedona (~12.4 mi), Cleveland (~13.6 mi), Lynn Center (~14.4 mi), Ophiem (~15.6 mi), Osco (~15.8 mi), Viola (~16.0 mi), Andover (~17.1 mi).

New construction: New homes near Milan (Chicago) · Illinois new construction.

Census & home facts

Milan data from published sources

Population (ACS 2023)

5,037

Median home value (ACS 2023)

$120,300

Median household income (ACS 2023)

$61,188

Median gross rent (ACS 2023)

$817

County FHFA annual change (2025)

3.19%

County median listing price (FRED/Realtor.com) (2026-06-01)

$159,950

Census place type

village

County

Rock Island County

Land area (Census Gazetteer 2024)

6.25 sq mi

Census GEOID

1749009

Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.

Local life

Life in Milan

Schools

Moline-Coal Valley CUSD 40 — 15 schools, 7,185 students enrolled, per the U.S. Department of Education's Common Core of Data. Rock Island addresses may be served by Moline-Coal Valley CUSD 40, but attendance zones vary by street — confirm assigned schools with the district before making a move.

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Common questions

Milan FAQ

What are houses worth in Milan, IL?

The Census Bureau's American Community Survey puts the median value of houses in Milan at $120,300. Rock Island County's current median listing price runs $159,950, down about 5.3% over the past year.

How much do houses cost in Milan, IL?

For owner-occupied houses in Milan, Census ACS data shows a median value of $120,300. Active listing prices in Rock Island County may differ — see the market snapshot above.

What types of houses are in Milan, IL?

Milan houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Rock Island County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.

What is the population of Milan, IL?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Milan's population at approximately 5,037.

What's the median rent in Milan, IL?

The Census ACS estimates median gross rent in Milan at approximately $817 per month.

What is the median household income in Milan, IL?

Census ACS data puts the median household income in Milan at approximately $61,188.

Is the Milan housing market growing?

Rock Island County's FHFA house price index shows a 3.19% annual change in 2025.

Is Milan, IL affordable relative to income?

Census ACS data puts Milan's median home value at about 2.0 times the median household income, with median gross rent equal to roughly 16% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

What school district serves Milan, IL?

Manifest and public school-directory data suggest Moline-Coal Valley CUSD 40 for many Milan addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.

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