Is Millington, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Millington has remained a Seller's Market.
Housing Prices in Millington, TN
How much do homes in Millington, TN cost?
Median Sold Price
$265,000
-
Based on all homes sold in April 2024.
Difference Since Last Month
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $305K | N/A |
3 Bedrooms | $186K | $200K | +7.5% |
4 Bedrooms | $277K | $315K | +13.7% |
5+ Bedrooms | $464K | $360K | -22.4% |
Summary: Millington housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 22.4%.
Housing Supply in Millington, TN
How many homes are available in Millington, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
114 | 124 | +8.8% |
Summary: The Millington real estate market had 124 homes for sale in April 2024, a 8.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 9 | +125.0% |
3 Bedrooms | 60 | 69 | +15.0% |
4 Bedrooms | 36 | 34 | -5.6% |
5+ Bedrooms | 14 | 12 | -14.3% |
Summary: The Millington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 125%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 36 | +71.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Millington in April 2024, up by 71.4% month-over-month. Of the 36 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Millington, TN
We’re sorry, we don't have information for this market at the moment