Millington, TN is a great place to live and invest in real estate. The median value of housing in Millington is $218,200, which is significantly lower than the US median of $338,100. Additionally, the one year appreciation rate for houses in Millington is 15.27%, which is higher than the 8.27% appreciation experienced at the national level. This makes Millington an attractive investment destination for anyone looking to buy a home or real estate property in this area.
The median home cost in Millington is $218,200. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Millington is up 20.2%.
Average Age of Homes
- The median age of Millington real estate is 45 years old
The Rental Market in Millington
- Renters make up 40.6% of the Millington population
- 3.5% of houses and apartments in Millington, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.