Zip 38053 (Millington, TN) Housing

Millington, TN (38053) is experiencing a higher rate of housing appreciation than the national average. The median value for houses in Millington is currently $224,600 - much lower than the US median of $338,100. However, over the last year, the city has seen a 15.27% appreciation rate compared to 8.27% nationally. This indicates that Millington's housing market is thriving and may be a good option for potential buyers interested in investing in real estate.

The median home cost in Millington (zip 38053) is $224,600. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Millington (zip 38053) is up 20.2%.

Average Age of Homes

- The median age of Millington (zip 38053) real estate is 38 years old

The Rental Market in Millington (zip 38053)

- Renters make up 26.7% of the Millington (zip 38053) population
- 2.3% of houses and apartments in Millington (zip 38053), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Millington, Tennessee	United States
	10,866.0	139,647,020.0
	43	42
	$224,600	$338,100
	20.2%	16.6%
	63.5%	57.0%
	94.9%	101.1%
	$12.51	$10.98
	$1,465	$2,690
	60.3%	57.4%
	10.9%	11.2%
	28.9%	31.4%
Vacant Housing
	2.3%	1.9%
	1.7%	0.4%
	1.1%	0.7%
	0.3%	0.4%
	0.1%	3.6%
	5.3%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	2.2%	2.4%
	2.9%	2.8%
	7.1%	3.9%
	9.0%	4.5%
	23.1%	11.3%
	17.9%	13.0%
	22.1%	20.1%
	8.3%	13.6%
	2.2%	8.3%
	1.3%	9.7%
	0.9%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.0%	13.6%
	11.0%	13.6%
	17.5%	13.6%
	15.3%	13.2%
	19.2%	14.8%
	17.5%	13.6%
	10.9%	10.0%
	6.4%	4.7%
	3.6%	12.2%

Reviews for Millington

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Jon · Millington, TN

What a great place to live work and play.

Over 4 years ago

Millington is a great small city with a superior cool system, lots of new shopping, many new homes and very safe. It is one of the most patriotic cities in a very More