Is Milan, PA 18831 a buyer’s or seller’s market?
Milan is a seller’s market. With about 3.2 months of supply and 100% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Milan housing market right now
In the three months ending August 31, 2026, 100% of homes in Milan, PA 18831 sold above their list price, the typical home went under contract in 15 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (100% then), homes sold more slowly (8 days then) and the median sale price fell 4% to $172,705. Overall, Milan is about as competitive as it was a year ago.
Within Bradford County, homes here sell faster than in 76% of the county’s ZIP codes, and sell more often over asking than in 88%.
Nearby, buyers who want less competition could look at Wysox 18854 (0% sold over asking) or Laceyville 18623 (0% sold over asking).
Run the numbers for 18831
Nearby markets
Athens 18810Seller’s market $139 /sq ftCanton 17724Seller’s market $122 /sq ftColumbia Cross Roads 16914Seller’s market $172 /sq ftEast Smithfield 18817 — /sq ft Browse all markets →Towns like Milan nearby
Find towns like Milan in other states →Where Milan is
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Questions about Milan real estate
Is Milan a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Milan, PA 18831 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Milan?
The typical home went under contract in 15 days in the latest three months.
Do homes in Milan sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 106.0% of the list price.
What are property taxes in Milan?
About 1.09% of a home’s value a year in Bradford County, or roughly $4,360 on a $400,000 home.
What is the median home price in Milan?
The median sale price was $172,705 in the three months ending August 31, 2026, about $122 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology