63556, Milan, MO

The home equity and home prices in the 63556 zip code of Milan, MO are quite high. The median home value in this zip code is $269,000, which is significantly higher than the Missouri median home value of $146,500. Additionally, the percentage of homes in this zip code that are valued at more than $300,000 is also high. This indicates that there are a lot of wealthy residents in this area.

One reason for the high home values and percentage of homes worth more than $300,000 in this zip code may be because Milan is a popular location to live in St. Louis County. It has a population density of about 2,700 people per square mile which is above average for St. Louis County and it has access to many amenities such as schools and shopping centers. Additionally, Milan has been experiencing strong economic growth over the past few years which may have contributed to its high home values and percentage of homes worth more than $300,000.