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Condo Foreclosures in Millington, TN

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Millington, TN Foreclosures

Current Market Conditions in in Millington, TN As of February 2026?
Over the past month, Millington's real estate market has experienced a slight uptick in home sales and a decrease in listing prices as sellers adjust to current market dynamics. The average time on the market has shortened, indicating heightened buyer interest and activity. The slight dip in prices could be attributed to seasonal trends, providing opportunities for buyers entering the market.
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 81 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 charming city located just north of Memphis, offering residents a suburban lifestyle with a tight-knit community feel. The area is known for its excellent schools, abundant recreational facilities, and easy access to the vibrant cultural scene of Memphis. Millington combines the best of both worlds: a peaceful hometown atmosphere while remaining convenient for work and play.

Buyer vs Seller Market in Millington, TN

The real estate market in Millington shows a steady upward trend, with increasing home values and moderate inventory levels. The demand for homes has been robust, as potential buyers are drawn to the area's family-friendly lifestyle and quality schools.

Recently, there has been a noticeable increase in the construction of new homes, catering to both first-time buyers and those looking for more spacious options. With the ongoing development, residents can expect to see new amenities and increased property values.

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 Condos

Market Trend for Millington, TN

Total Listings Available: 81

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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