Current Price

$248,295

1 Month Forecast

â–² $282,285

1-Year Forecast *

â–² $300,184

5-Year Forecast *

â–² $370,466

"Is it a good time to buy homes in Milan?" "Does investing in real estate in Milan (Ohio State, Erie County) worth it?" According to our live Forecast System, buying a house in Milan is a good short-term (1-year) investment*. The Milan average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Milan" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Milan in Ohio State, Erie County. If you are looking for homes for sale with good flipping profit, Milan can be a profitable property investment option. The median price of an average house in Milan was 248,295 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Milan" area is 370,466 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +49.20% meaning that investing 100000 USD today may yield a profit of 49,204 USD by 2031.

Current Median Listing Price: 248,295 USD Median Listing Price Per Square Foot: 138 USD

Milan Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Milan (Ohio State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Milan Price Target

Milan median home price target in 12 months: $300,184* (upside of 20.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $274,698 $279,802 $274,698 $279,802
2024 $233,169 $248,295 $233,169 $248,295
2023 $220,931 $232,897 $219,973 $232,897
2022 $204,364 $221,028 $204,364 $221,028
2021 $186,439 $202,904 $186,439 $202,904
2020 $166,137 $184,038 $166,137 $184,038
2019 $155,021 $165,591 $155,021 $165,591
2018 $150,098 $153,793 $150,098 $154,045
2017 $142,998 $149,384 $142,998 $149,384
2016 $142,064 $142,806 $142,064 $143,102
2015 $140,253 $141,462 $139,565 $141,462
2014 $136,170 $140,593 $136,170 $140,964
2013 $133,528 $136,302 $133,528 $136,302
2012 $132,384 $133,211 $131,655 $133,211

Questions & Answers about the Milan Housing Market Forecast

How much does an average home cost in Milan today?

The value of an average home (the listing price) in Milan is $248,295 USD.

What is the average price per square foot in Milan?

According to Walletinvestor the median price per square foot in Milan is 138 USD.

Will the median listing price of homes in Milan grow / rise / go up?

Yes. The Milan home prices may rise from 248,295 USD to 300,184 USD in one year.

Is it profitable to invest in Milan homes?

Yes. The long-term profit potential is +20.90% in one year.

Will Milan house prices fall / drop?

No. See above.

What is the predicted price of a Milan home in 2030?

The predicted home sales price of a Milan home in 2030 in Milan is 352,027 USD.

What is the predicted price of a Milan home in 2035?

The predicted home sales price of a Milan home in 2035 in Milan is 468,330 USD.

Will real estate prices decrease in Milan?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Milan is the 11122. largest city in the United States, located in Ohio State.

During the last 12 months the real estate prices in Erie, Milan decreased, looking at the past 12 months.

According to Walletinvestor's Milan real estate market research, home values will increase in the next 12 months.

Median home values decreased by 10.279% to 248,295 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 22.579% in 2021
  • 19.799% in 2022
  • 20.379% in 2023
  • 20.159% in 2024
  • 22.019% in 2025
  • 21.499% in 2026

Based on our Milan real estate market research and report the predicted sales prices will increase by 567.128% in the next 10 years.

Over the last 12 months, the value of homes in Milan fluctuated: increasing 2 times and decreasing 2 times.

Milan (Ohio) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Milan Housing Market Forecast with Real Estate Prices for 2025
August 2025 282285 256033 308538
September 2025 284791 265140 304441
October 2025 287318 272091 302546
November 2025 289869 270447 309290
December 2025 290347 274668 306026
Milan Housing Market Forecast with Real Estate Prices for 2026
January 2026 290068 262512 317625
February 2026 290094 275299 304889
March 2026 291456 274843 308069
April 2026 292820 277007 308632
May 2026 294926 266318 323534
June 2026 297544 282666 312421
July 2026 300184 284275 316094
August 2026 302849 286495 319202
September 2026 305537 275288 335785
October 2026 308248 277732 338765
November 2026 309111 280055 338168
December 2026 308207 290331 326083
Milan Housing Market Forecast with Real Estate Prices for 2027
January 2027 307766 282529 333002
February 2027 308051 288028 328074
March 2027 309327 289839 328815
April 2027 310879 291294 330465
May 2027 310743 285573 335914
June 2027 310223 280131 340315
July 2027 309396 281860 336933
August 2027 309979 283941 336017
September 2027 312105 280894 343315
October 2027 314875 296297 333453
November 2027 317670 297339 338001
December 2027 320489 299337 341641
Milan Housing Market Forecast with Real Estate Prices for 2028
January 2028 322166 289949 354382
February 2028 323575 297042 350108
March 2028 324587 296348 352826
April 2028 325692 293123 358262
May 2028 326072 307486 344658
June 2028 326548 294873 358223
July 2028 328246 304940 351551
August 2028 330964 303825 358103
September 2028 333901 316205 351598
October 2028 336076 312887 359265
November 2028 337597 316666 358528
December 2028 338688 309561 367815
Milan Housing Market Forecast with Real Estate Prices for 2029
January 2029 339548 321892 357205
February 2029 340915 322847 358984
March 2029 343308 315157 371459
April 2029 346355 323149 369561
May 2029 349429 330909 367949
June 2029 351737 332040 371434
July 2029 352027 329145 374909
August 2029 351433 316290 386577
September 2029 351391 316252 386530
October 2029 352524 319739 385309
November 2029 355653 337870 373436
December 2029 358810 326158 391461
Milan Housing Market Forecast with Real Estate Prices for 2030
January 2030 361994 330501 393488
February 2030 365207 335625 394789
March 2030 368448 345605 391292
April 2030 369057 342485 395629
May 2030 368702 340681 396724
June 2030 368735 338867 398602
July 2030 370466 348238 392694
August 2030 372199 348006 396392
September 2030 374877 348261 401493
October 2030 378204 347191 409217
November 2030 381561 347220 415901
December 2030 384947 358386 411509
Milan Housing Market Forecast with Real Estate Prices for 2031
January 2031 388364 357683 419045
February 2031 391811 362817 420805
March 2031 392908 364618 421197
April 2031 391758 357283 426233
May 2031 391197 353642 428752
June 2031 391560 357886 425234
July 2031 393182 366839 419525
August 2031 395155 369470 420840
September 2031 394982 370888 419076
October 2031 394321 358438 430204
November 2031 393270 358269 428271
December 2031 394010 363277 424743
Milan Housing Market Forecast with Real Estate Prices for 2032
January 2032 396713 370530 422896
February 2032 400234 377821 422647
March 2032 403786 377540 430032
April 2032 407370 373151 441589
May 2032 409501 371827 447175
June 2032 411293 384147 438438
July 2032 412578 387824 437333

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.