Is Millington, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2021
Since last year, Millington has remained a Seller's Market.
Key Takeaway
Millington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Millington, TN cost?
Median Sold Price
$215,000
-
Based on all homes sold in the last 12 months.
Difference Since May 2021
+$42,050(+24.3%)
Key Takeaway
Homes in Millington have sold for 24.3% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | $52K | - | N/A |
| 2 Bedrooms | $80K | $100K | +25.0% |
| 3 Bedrooms | $168.5K | $199K | +18.1% |
| 4 Bedrooms | $247.7K | $265K | +7.0% |
| 5+ Bedrooms | $279.9K | $389K | +39.0% |
How many homes are available in Millington, TN?
Number of Homes For Sale
| Apr 2022 | May 2022 | % |
|---|---|---|
| 18 | 24 | +33.3% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7%  |
| 3 Bedrooms | 8 | 12 | +50.0% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Millington, you may be able to get a good deal. 80% of homes here sold below asking price last month.
