Housing in Millington, TN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin โ€” January 2026

Median Sale Price

$251,000

Median List Price

$280,495

Price Per Sq Ft

$161

Days on Market

73

Active Inventory

33

Months of Supply

3.3

Seller's market

Zillow Home Value

$232,017

ZHVI โ€” January 2026

Zillow Rent Index

$1,565

ZORI โ€” January 2026

Price Trends

Source: Redfin
Sale Price โ†“ 18.4%List Price โ†“ 5.7%Mar 24 โ†’ Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

4.8%

Sale-to-List Ratio

93.6%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
4.8%
Listings with Price Drops
12.1%

Market Activity

Source: Redfin

Homes Sold

10

New Listings

18

Pending Sales

21

Homes Sold โ†“ 33.3%New Listings โ†“ 18.2%Pending โ†‘ 10.5%Mar 24 โ†’ Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$161

Median List $/SF

$146

Sale $/SF โ†‘ 14.2%List $/SF โ†“ 23.6%Mar 24 โ†’ Jan 26

Millington vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Millington is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$172,800

Median Rent

$1,059

Total Housing Units

4,969

Vacancy Rate

10.1%

Owner Occupied

60.4%

Renter Occupied

39.6%

Median Property Tax

$1,798

per year

Monthly Cost (w/ Mortgage)

$882

Housing Types

Single Family
72.0%
Multi-Family
19.0%
Mobile Home
9.0%

The current median sale price in Millington, TN is $251,000 according to Redfin data. Homes spend a median of 73 days on the market. 0.0% of homes sold above asking price. The market has 3.3 months of supply. The median price per square foot is $161. Zillow's observed rent index is $1,565/month. About 60.4% of housing units are owner-occupied. The median year homes were built is 1972. There are 4,969 total housing units.