Milan, MN 56262 housing market
Data through Sep 2026 · Balanced market · leverage 35
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Buyer Leverage Score
35
Sep 2026
Months of Supply
16.0 months
Aug 2026
Days on Market
56 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
100.0%
Aug 2026
Expected Disaster Loss
$121
Dec 2025
What this means
- Supply. Listings are 8% below the 2017-19 norm and falling (−100% vs. a year ago), close to pre-pandemic levels.
- Negotiating. Buyer leverage is moderate (35/100; U.S.: 54): homes sell for about 0.0% below their final list price; 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $121 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Chippewa County, MN
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Montevideo, MN 56265 | $212.7K | +6.8% | 98 |
| Clara City, MN 56222 | $234.7K | +8.0% | 90 |
| Maynard, MN 56260 | $311.4K | +13.4% | 18 |
| Watson, MN 56295 | – | – | 52 |