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Foreclosure Homes in Millington, TN

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Millington, TN Foreclosures

How much do homes sell for in Millington, TN?
The average home price is currently $249,601.
In Millington, TN, how many homes are available?
There are currently 122 active home listings available in Millington.
What’s the average rental cost in Millington, TN?
The average rental price in Millington is $1,216.
What is the most expensive home in Millington?
The most expensive home sold in Millington had a price of $11,067,400.
What is currently the cheapest priced home in Millington, TN?
The cheapest home for sale in Millington is priced at $10,083.

Living in Millington, TN

Millington, TN is a vibrant community known for its parks and recreational offerings. Just a short drive from Memphis, it provides a suburban environment with a strong sense of community. Ideal for families, Millington offers a mix of local amenities and natural beauty.

Current Market Conditions in Millington, TN

The current real estate market in Millington is displaying a steady growth trend, with increased demand for homes as families seek more suburban living options. Home prices have been rising gradually, and the inventory is competitive, making it a favorable market for sellers. Investors are also showing interest due to the area's proximity to Memphis and affordable housing options.

Home Value Estimator For Millington, TN

There are currently 9,341 real estate properties in Millington, TN, with a median automated valuation model (AVM) price of $216,086.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Millington, 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 Millington, TN, is $249,601.00, with the most expensive house in Millington, TN, topping out at $11,067,400.00 and the cheapest home in Millington, TN, clocking in at $10,083.00. In other words, there’s something for every potential homebuyer or savvy investor in Millington, TN!

Rent Prices In Millington, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Millington, TN, is on a rollercoaster ride. The average rent price in Millington, TN, is $1,216.00. Indeed, when looking to rent in Millington, TN, you can expect to pay as little as $610.00 or as much as $3,000.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Millington, 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.

Millington, TN Foreclosures

Market Trend for Millington, TN

Total Listings Available: 122

Market Values:

Home Prices from $10,083 to $11,067,400

Average Sales Price: $249,601

Rental Values:

Rental from $610 to $3,000

Average Rent Value: $1,216 / month

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