Milan, NH—03588
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Milan, NH
As of Oct '25, the median home price in Milan, NH is $272,000, with a year-over-year change of 0.2%. This indicates that home prices in Milan, NH are flat. According to Zillow, the 1-year price projection is 4.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $272,000 | 0.2% |
| Single Family | $272,000 | -0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $157,000 | -2.5% |
2 Bed | $252,000 | 0.4% |
3 Bed | $321,000 | 0.3% |
4 Bed | $357,000 | -0.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Milan, NH
Milan, NH lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Milan, NH
As of Oct '25, Realtor.com reports that the median days on market for a home in Milan, NH is 100. This is a increase of 106.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $449,000 | 4.0% |
Listing Count | 15 | 5.0% |
| Listings as % of Homes | 0.9% | 5.0% |
Days on Market | 100 | 106.0% |
Demographics — Milan, NH
As of the latest ACS Survey released in 2023, Milan, NH has a population of 1,670, which has increased by 5.9% over the past 5 years. Milan, NH is a moderately popular place for families, as children make up 18.3% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,670 | 5.9% |
% Under 18 | 18.3% | 4.6% |
% Seniors | 20.5% | 6.8% |
% WFH | 3.5% | -58.8% |
% w/ College Degree | 19.9% | 0.5% |
As of the latest ACS Survey released in 2023, Milan, NH is a predominantly white area, with 95.8% of the population identifying as white. The white population has grown by 0.1% in the last 5 years. The second most common race or ethnicity in Milan, NH is hispanic, making up 3.5% of the population. Foreign-born residents account for 0.5% of the population in Milan, NH, and this percentage has decreased by 82.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.8% | 0.1% |
% Black | 0.0% | N/A |
% Hispanic | 3.5% | -5.4% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.5% | -82.1% |
Mortgage and Risk — Milan, NH
According to HUD data as of 2023, there were 35 mortgage originations in Milan, NH, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Milan, NH. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 35 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 0.0% |
% Second Loans | 17.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Milan, NH
Milan, NH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $970 |
| 2 Bedroom | N/A | N/A | $1,270 |
| 3 Bedroom | N/A | N/A | $1,680 |
| 4 Bedroom | N/A | N/A | $1,680 |
Affordability — Milan, NH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $272,000 |
| Median Household Income | $71,700 |