Milan, MN Real Estate
According to census data in the year 2000 there were 173 housing units in Milan.
This represents a 9.9% decline from 192 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 173 were located in what is classified as a rural area.
Homeownership rate in Milan is about 78.9%.
Milan's vacancy rate, including seasonal lodging, is about 15%.
Average household size is 2.24 people.
The majority of houses, apartments or condos in Milan were built after 1939.
|Housing Units by Size|
|Five Bedrooms or more||2.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.41|
|Median year structure was built||1939|
|Median Value of occupied units||$29,200|
|Median Price asked for vacant units||$27,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.61|
|Median year structure was built||1968|
|Median Monthly Rent asked for vacant units||$325|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||1.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||10.7%|