Is Milton, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Milton is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Milton has remained a Seller's Market.

Key Takeaway

Milton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Milton, TN cost?

Median Sold Price

$643,450

$343/sqft

Based on all homes sold in May 2022.

Difference Since Last Month

-$106,450(-14.2%)

Key Takeaway

Homes in Milton have sold for 14.2% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022May 2022%
1 --
N/A
2 --
N/A
3 $1.0M$643.4K
-38.9%
4 $749.9K-
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Auburntown
+33.2%
Milton
-14.2%

How many homes are available in Milton, TN?

Number of Homes For Sale

Apr 2022May 2022%
85-37.5%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 00
0.0%
3 54
-20.0%
4 20
-100.0%
5+ 11
0.0%

Number of Homes Sold

Apr 2022May 2022%
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Milton, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Apr 2022May 2022%
30 Days15 Days-49.5%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Milton are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Milton, TN

There are 5 homes are for sale in Milton, TN real estate market. The inventory of homes for sale in Milton, TN between April 2022 and May 2022 decreased by 37.5%. In May 2022 median list price was $643,450 and the average listing age was 15 days. This housing market listing prices have changed between May 2021 and May 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 0%, the cost of 3 bedrooms properties went down by 38.9%, prices of 4 bedrooms properties went up by 0%, the cost of 5 bedrooms properties went up by 0%. This housing market inventory have changed: number of 1 bedroom homes remained the same, number of 2 bedrooms homes remained the same, 3 bedrooms homes inventory decreased by 20%, number of 4 bedrooms homes decreased by 100%, number of 5 bedrooms homes remained the same. Over 0 listings were sold over their listed price in May 2022 in Milton, TN. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price.

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