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Province · data to December 2025

House prices in Milano province

The tax agency's observatory values homes in Milano province at an average €3,596 per m² in 2025, up 5.6% on the year before.

OMI valuation per m²
€3,596/m²
Change in a year
+5.6%

Milano province: +34.3% in 9 years

Mean OMI valuation of homes per m², by year

  • Milano province
  • Lombardia
  • Italy
Show the numbers
QuarterMilano provinceLombardiaItaly
2025€3,596/m²€2,083/m²€1,491/m²
2024€3,404/m²€1,997/m²€1,462/m²
2023€3,194/m²€1,914/m²€1,442/m²
2022€3,000/m²€1,844/m²€1,422/m²
2021€2,805/m²€1,777/m²€1,408/m²
2020€2,749/m²€1,761/m²€1,418/m²
2019€2,726/m²—€1,445/m²
2018€2,696/m²€1,748/m²€1,457/m²
2017€2,680/m²€1,743/m²€1,470/m²
2016€2,677/m²€1,741/m²€1,492/m²

Reports for Milano province

Each report opens the full series and the assumptions behind these figures.

Figures for Lombardia: Milano province has no reliable figures of its own.

At the average OMI valuation, a 90 m² home costs €323,640. With 10% down and a 30-year mortgage, the payment is €1,316 a month. Italy sets no cap on the payment; lenders must assess each borrower's creditworthiness.

Payment, two incomes
21%
Payment, one income
43%

Figures for Italy: Milano province has no reliable figures of its own.

1.6% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
53,036

In 2025 the population grew by 6,656 while 3,241 new homes were granted a permit: 2.1 new residents for every new home.

New residents per new home, 2025
2.1
Population change, 2025
+6,656

11.8% of the 1,753,393 homes counted in the 2023 census had nobody resident in them.

Empty, 2023 census
11.8%
Empty homes
206,737

In 2025, 2% of the homes authorised were extensions of existing residential buildings.

Homes in existing buildings, 2025
2%

Public bodies signed €6.2M of housing works here in 2024, and €15.4M since 2017.

Signed in 2024
€6.2M
Per resident, 2024
€2