Milledgeville First-Time Homebuyer Report for October

With 1,032 residents, Milledgeville is an average-sized city in Illinois. Also, with a 10.6% decrease over the last 10 years, its population is shrinking slower than other parts of the state. Milledgeville is made up of homes that are older than most with a median of 65 years. Heading the list of top schools in the city is Milledgeville Elementary School.

Price Range

Homes in Milledgeville are worth a median of $92,000, similar to other parts of Illinois. Additionally, the list prices of available homes is currently at an average of $75,755. The number of homes coming into the Milledgeville market stayed firm with two listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period.

Typical Dwelling

A three-bedroom detached home valued around $78,880 is considered a typical dwelling in Milledgeville. If a buyer was looking for a similar home, they would need good credit and a $15,776 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $295 and the property tax rate is $16.36 per $1,000 of taxable assessed value.

Get started right now by checking out Milledgeville homes for sale or reviewing Milledgeville real estate trends.


Data reported through 10/13/2016

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