$349,500
- 5 Beds
- 2 Baths
- 2,088 Sq Ft
18200 Sherman Rd, Milan, MI 48160
Bill Van Buren Firm Foundations Realty Group
Frequently Asked Questions Why Live in Milan Township
Is Milan Township a good place to live?
Milan Township is a good place to live. Milan Township is considered very car-dependent and somewhat bikeable. Milan Township has 1 park for recreational activities. It has a median age of 47. The average household income is $101,214 which is above the national average. College graduates make up 21.6% of residents. A majority of residents in Milan Township are home owners, with 9.6% of residents renting and 90.4% of residents owning their home. A local real estate agent serving Milan Township can help you decide if this neighborhood is the right one for you. Learn more on our Milan Township neighborhood guide.
How much do you need to make to afford a house in Milan Township?
The median home price in Milan Township is $299,900. If you put a 20% down payment of $60,000 and had a 30-year fixed mortgage with an interest rate of 6.58%, your estimated principal and interest payment would be $1,530 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $66K a year to afford the median home price in Milan Township. The average household income in Milan Township is $101K.
What are the best public schools in Milan Township?
The best public schools that serve Milan Township are:
- Paddock Elementary School has a B+ Niche grade, a student teacher ratio of 12:1 and an average review score of 5.0.
- Clayton H. Symons Elementary School has a B+ Niche grade, a student teacher ratio of 13:1 and an average review score of 4.0.
- Milan High School has a B+ Niche grade, a student teacher ratio of 16:1 and an average review score of 3.7.
What are the most popular zip codes in Milan Township, Milan, MI?
What are the most popular neighborhoods near Milan Township, Milan, MI?
The most popular neighborhoods near Milan Township, Milan, MI are Augusta Township, South Side, Sumpter Township, Stonebridge and Travis Pointe.
Are home prices dropping in Milan Township?
Yes, home prices in Milan Township are down 4% in the last 12 months.
