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Foreclosure Homes in Millington, TN

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Millington, TN Foreclosures

Current Market Conditions in in Millington, TN As of March 2026?
Over the past month, the Millington real estate market has shown signs of increased activity. More listings have come onto the market, yet demand remains high, leading to multiple offers on desirable homes. As buyers are drawn to Millington's affordability in comparison to neighboring Memphis, we expect prices to continue to rise steadily over the coming months.
How much do homes sell for in Millington, TN?
The average home price is currently $270,427.
In Millington, TN, how many homes are available?
There are currently 128 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 $17,837,611.
What is currently the cheapest priced home in Millington, TN?
The cheapest home for sale in Millington is priced at $10,027.

Living in Millington, TN

Millington, TN is a picturesque city located just north of Memphis, known for its friendly community and rich history. With ample outdoor activities, family-oriented events, and a tight-knit neighborhood feel, it offers a perfect blend of small-town charm and accessibility to urban amenities.

Buyer vs Seller Market in Millington, TN

The real estate market in Millington is currently seeing moderate growth, with an increase in demand for homes as families seek more spacious living outside of Memphis. This trend is supported by the area's affordability and quality of life, making it an attractive option for first-time homebuyers and retirees alike.

Home prices in Millington have experienced a steady rise over the past year, with new developments attracting interest from both investors and homeowners. The average days on the market have decreased, indicating a competitive environment where buyers are making quicker decisions.

Home Value Estimator For Millington, TN

There are currently 10,209 real estate properties in Millington, TN, with a median automated valuation model (AVM) price of $222,618.00. 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 $270,427.00, with the most expensive house in Millington, TN, topping out at $17,837,611.00 and the cheapest home in Millington, TN, clocking in at $10,027.00. 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: 128

Market Values:

Home Prices from $10,027 to $17,837,611

Average Sales Price: $270,427

Rental Values:

Rental from $610 to $3,000

Average Rent Value: $1,216 / month

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