Active Listings
13
⇧ 160% vs 5 last year
Data as of February 2026. Source: Realtor.com.
The MILAN, IN real estate market (47031) currently shows 13 active listings, with 1 pending sales. Homes are averaging 80 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are selling faster, averaging 80 days on market compared to 102 days last year.
The median listing price has risen 0.8% year-over-year, from $307,450 to $310,000.
Whether you are buying or selling in MILAN, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 5,422 · Density: 33.0/mi² · Median household income: $64,500
Typical home value: $187,473 · Homeownership: 75.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 47031 | Milan, IN 47031 | 0.0 mi | 13 | $4,506,554 | $315,000 | $346,658 |
| 47041 | Sunman, IN 47041 | 8.3 mi | 8 | $4,850,136 | $584,900 | $606,267 |
| 47042 | Versailles, IN 47042 | 9.7 mi | 5 | $1,653,000 | $273,900 | $330,600 |
| 47001 | Aurora, IN 47001 | 11.6 mi | 24 | $7,911,648 | $285,000 | $329,652 |
| 47022 | Guilford, IN 47022 | 12.1 mi | 5 | $2,675,000 | $535,000 | $535,000 |
| 47025 | Lawrenceburg, IN 47025 | 15.0 mi | 53 | $19,789,776 | $319,995 | $373,392 |
| 41080 | Petersburg, KY 41080 | 18.2 mi | 3 | $1,522,350 | $564,950 | $507,450 |
| 47223 | Butlerville, IN 47223 | 18.4 mi | 5 | $931,500 | $159,000 | $186,300 |
| 47040 | Rising Sun, IN 47040 | 19.0 mi | 12 | $6,719,484 | $399,950 | $559,957 |
| 47030 | Metamora, IN 47030 | 20.6 mi | 3 | $629,700 | $209,900 | $209,900 |
| 47240 | Greensburg, IN 47240 | 22.1 mi | 64 | $18,957,568 | $254,950 | $296,212 |
| 41005 | Burlington, KY 41005 | 22.5 mi | 63 | $23,508,954 | $359,000 | $373,158 |
| 45002 | Cleves, OH 45002 | 23.0 mi | 36 | $19,712,016 | $499,990 | $547,556 |
As of February 2026, there are 13 active listings in MILAN, IN (zip code 47031), compared to 5 the prior year.
The median listing price in MILAN, IN 47031 is $310,000 as of February 2026, a 0.8% increase from $307,450 the prior year.
Homes in MILAN, IN 47031 spend an average of 80 days on the market before going under contract, compared to 102 days the prior year.
Based on current inventory and days-on-market data as of February 2026, MILAN, IN 47031 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 80 days on market compared to 102 days last year.
With SELL123.com's maximum 3% commission, sellers in MILAN, IN 47031 save an estimated $6,200 compared to a typical 5% commission on the median listing price of $310,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.