Is Millington, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Millington was a Seller's Market.
Housing Prices in Millington, TN
How much do homes in Millington, TN cost?
Median Sold Price
$248,333
-
Based on all homes sold in the last 12 months.
Difference Since June 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $135K | $150.8K | +11.7% |
3 Bedrooms | $222.4K | $221.5K | -0.4% |
4 Bedrooms | $317.5K | $310.4K | -2.2% |
5+ Bedrooms | $422.4K | $420K | -0.6% |
Summary: Millington housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.7%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 0.6%.
Median Sold Price Compared To Nearby Cities
Millington | $230K | $248.3K | +8.0% |
Bartlett | $334.5K | $331K | -1.0% |
Housing Supply in Millington, TN
How many homes are available in Millington, TN?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
114 | 117 | +2.6% |
Summary: The Millington real estate market had 117 homes for sale in June 2024, a 2.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 4 | -42.9% |
3 Bedrooms | 66 | 67 | +1.5% |
4 Bedrooms | 31 | 37 | +19.4% |
5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Millington housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
31 | 19 | -38.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Millington in June 2024, down by 38.7% month-over-month. Of the 19 sold homes, 53% were sold under asking, 42% were sold at asking, and 5% were sold over asking.
Days on Market for Millington, TN
We’re sorry, we don't have information for this market at the moment