Market Overview
Home Prices in Milo, ME
The median home value in Milo, ME is $133,248 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 5.7% compared to a year ago and down 2.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Milo are priced68% below average.
Over the past five years, Milo home values have risen by approximately32.5%, reflecting strong long-term appreciation in this market.
Price History
Milo Home Price Trend
2020
$76,955
$77K
—
2021
$100,582
$101K
+30.7%
2022
$124,198
$124K
+23.5%
2023
$139,203
$139K
+12.1%
2024
$145,498
$145K
+4.5%
2025
$141,251
$141K
-2.9%
2026
$133,248
$133K
-5.7%
City Comparison
Milo vs. National Median
🏠 Milo
$133,248
National Median
$410,000
At $133,248, homes in Milo cost 68% below the national median of $410,000. This makes Milo a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Milo?
20% Down Payment
$26,650
on $133,248
Monthly P&I
$695/mo
30-yr @ 6.8%
Total Monthly Est.
~$883/mo
incl. taxes & insurance
Income Needed
$35,320
gross annual (30% rule)
10% Down Option
$13,325
+ PMI applies
Loan Amount (20% dn)
$106,598
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Milo, ME?
The median home value in Milo is $133,248 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 5.7% year-over-year.
How much have home prices changed in Milo?
Over the past year, home values in Milo have decreased by 5.7%. Over five years, prices have risen approximately 32.5%.
How much do I need to earn to buy a home in Milo?
To comfortably afford the median home price of $133,248 with a 20% down payment ($26,650) at today's rates (6.8%), you'd need a gross annual income of approximately $35,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Milo compare to the national average home price?
The national median home value is approximately $410,000. At $133,248, homes in Milo are 68% below the national average.