Call or Text (240) SELL-123

MILAN, IL 61264

Real Estate Market Report  ·  Rock Island County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The MILAN, IL real estate market (61264) currently shows 20 active listings, with 5 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 41 days on market compared to 31 days last year.

The median listing price has fallen 43.3% year-over-year, from $279,975 to $158,725.

Whether you are buying or selling in MILAN, IL, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MILAN, IL 61264 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 9,927  ·  Density: 55.7/mi²  ·  Median household income: $70,734

Typical home value: $149,328  ·  Homeownership: 77.8%

Market Overview

Active Listings
20
vs 20 last year
Pending
5
25% pending ratio
Median Price
$158,725
⇩ 43.3% vs $279,975 last year
Average Price
$321,315
⇧ 2.3% vs $313,974 last year
Days on Market
41
⇧ 32.3% vs 31 days last year

Price Per Square Foot

Median $/sqft
$127
⇩ 6.6% vs $136/sqft last year
Median Home Size
1,247 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 41 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $158,725 (-43.3% YoY)
  • Average: $321,315 (+2.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.9 miles — 526 listings ($110,791,353 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61264Milan, IL 612640.0 mi21$6,976,767$157,000$332,227
61276Preemption, IL 612765.7 mi1$114,400$114,400$114,400
52802Davenport, IA 528027.3 mi45$6,362,145$106,400$141,381
61265Moline, IL 612658.0 mi121$21,715,144$144,900$179,464
52728Buffalo, IA 527288.0 mi5$297,750$51,750$59,550
61240Coal Valley, IL 612408.6 mi13$3,226,652$261,500$248,204
52803Davenport, IA 528039.9 mi86$15,125,508$150,000$175,878
52804Davenport, IA 5280410.5 mi84$18,595,332$180,000$221,373
52726Blue Grass, IA 5272612.1 mi16$6,481,696$406,317$405,106
52806Davenport, IA 5280613.3 mi70$20,692,910$280,000$295,613
61244East Moline, IL 6124413.4 mi43$7,315,289$166,200$170,123
61231Aledo, IL 6123114.4 mi20$3,787,860$142,450$189,393
61262Lynn Center, IL 6126214.9 mi1$99,900$99,900$99,900

Frequently Asked Questions

How many homes are for sale in MILAN, IL 61264?

As of February 2026, there are 20 active listings in MILAN, IL (zip code 61264), compared to 20 the prior year.

What is the median home price in MILAN, IL 61264?

The median listing price in MILAN, IL 61264 is $158,725 as of February 2026, a 43.3% decrease from $279,975 the prior year.

How long do homes stay on the market in MILAN, IL?

Homes in MILAN, IL 61264 spend an average of 41 days on the market before going under contract, compared to 31 days the prior year.

Is it a seller's or buyer's market in MILAN, IL 61264?

Based on current inventory and days-on-market data as of February 2026, MILAN, IL 61264 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 41 days on market compared to 31 days last year.

How much can I save on real estate commission in MILAN, IL?

With SELL123.com's maximum 3% commission, sellers in MILAN, IL 61264 save an estimated $3,175 compared to a typical 5% commission on the median listing price of $158,725. 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.