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Foreclosure Homes in Millington, TN

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Millington, TN Foreclosures

Current Market Conditions in in Millington, TN As of April 2026?
In the past month, Millington's real estate market has experienced a continued surge in home buying activity, with sales up by over 10%. This has been attributed to favorable interest rates and a growing preference for suburban living. Homeowners are seeing higher demand for their properties, often receiving multiple offers within weeks of listing. Positive trends in the local economy and job market further stimulate this interest, encouraging new families to settle in the area.
How much do homes sell for in Millington, TN?
The average home price is currently $272,199.
In Millington, TN, how many homes are available?
There are currently 1 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 $17,592,373.
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 picturesque city just outside of Memphis that combines small-town charm with modern conveniences. It offers ample green spaces, excellent schools, and a friendly community atmosphere. The city's laidback lifestyle, coupled with its proximity to urban amenities, makes it an attractive destination for families and individuals alike.

Buyer vs Seller Market in Millington, TN

The Millington real estate market has shown consistent growth over the past several months, with an increased demand for single-family homes. This trend has resulted in a relatively low inventory, pushing home prices slightly higher. Millington's affordability compared to nearby Memphis is drawing in first-time homebuyers and families seeking more spacious living conditions.

Interestingly, Millington has not only sustained a buyer's market but has also seen a rise in new constructions, further expanding housing options. The upcoming developments show the city's growth potential and continuing appeal.

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 $228,145.00. 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 $272,199.00, with the most expensive house in Millington, TN, topping out at $17,592,373.00 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 Foreclosures

Market Trend for Millington, TN

Total Listings Available: 1

Market Values:

Home Prices from $10,027 to $17,592,373

Average Sales Price: $272,199

Rental Values:

Rental from $610 to $3,000

Average Rent Value: $1,216 / month

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