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Foreclosure Homes in Milan, TN

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Milan, TN Foreclosures

Current Market Conditions in in Milan, TN As of April 2026?
In the last month, Milan's real estate market has experienced a slight increase in home prices, reflecting ongoing demand as buyers are drawn to the area for its affordability and community feel. While the inventory remains low, sales activity has picked up, suggesting a healthy market moving into the peak buying season.
How much do homes sell for in Milan, TN?
The average home price is currently $214,092.
In Milan, TN, how many homes are available?
There are currently 73 active home listings available in Milan.
What’s the average rental cost in Milan, TN?
The average rental price in Milan is $954.
What is the most expensive home in Milan?
The most expensive home sold in Milan had a price of $18,651,128.
What is currently the cheapest priced home in Milan, TN?
The cheapest home for sale in Milan is priced at $5,086.

Living in Milan, TN

Milan, Tennessee is a quaint town that combines small-town charm with modern conveniences. It offers abundant parks, a robust community spirit, and excellent educational opportunities. Residents enjoy a peaceful lifestyle while being conveniently located near larger urban centers.

Buyer vs Seller Market in Milan, TN

Currently, the real estate market in Milan is vibrant and shows signs of growth. The area is attracting new residents due to its affordability compared to nearby cities. Homes are in demand, with buyers showing interest in single-family homes with spacious yards and local amenities.

Real estate prices have been steadily increasing, driven by low inventory and high demand. This trend suggests that investing in Milan property could yield profitable returns in the future, as more people discover this hidden gem in rural Tennessee.

Home Value Estimator For Milan, TN

There are currently 5,401 real estate properties in Milan, TN, with a median automated valuation model (AVM) price of $160,749.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Milan, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Milan, TN, is $214,092.00, with the most expensive house in Milan, TN, topping out at $18,651,128.00 and the cheapest home in Milan, TN, clocking in at $5,086.00. In other words, there’s something for every potential homebuyer or savvy investor in Milan, TN!

Rent Prices In Milan, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Milan, TN, is on a rollercoaster ride. The average rent price in Milan, TN, is $954.00. Indeed, when looking to rent in Milan, TN, you can expect to pay as little as $490.00 or as much as $2,300.00, with the average rent median estimated to be $880.00. The good news is that finding an affordable and desirable property to rent in Milan, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Milan, TN Foreclosures

Market Trend for Milan, TN

Total Listings Available: 73

Market Values:

Home Prices from $5,086 to $18,651,128

Average Sales Price: $214,092

Rental Values:

Rental from $490 to $2,300

Average Rent Value: $954 / month

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