House Prices

House Prices & Home Values Millington, TN 2026


Average Data

average house price$225,214
average size per house1703 ft²
average price per ft²133 $ / ft²

04/16/2026 - The value range (VR) for house prices in Millington, TN is $106/ sqft to $145/ sqft. An average home with 1703 sqft costs approximately $180,518 to $246,935. Millington, TN includes 2 ZIP codes and it is located in Shelby county. The lowest prices are found in ZIP 38053, while the highest are in ZIP 38054. The average price per sqare feet is $133. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Millington

38053117 $ / ft²
38054160 $ / ft²




Historical development of home values in Millington

Year Estimated value (USD) Change vs. 2025
2010 $104,593 -53.6%
2011 $100,549 -55.4%
2012 $100,278 -55.5%
2013 $104,026 -53.8%
2014 $109,199 -51.5%
2015 $114,803 -49.0%
2016 $120,795 -46.4%
2017 $127,314 -43.5%
2018 $134,353 -40.3%
2019 $140,583 -37.6%
2020 $147,850 -34.4%
2021 $168,164 -25.3%
2022 $196,041 -13.0%
2023 $206,734 -8.2%
2024 $218,694 -2.9%
2025 $225,214 0.0%

Graph: estimated home values in Millington over time (USD)



Example: 100% financing house in Millington

Loan amount: $225,214

Interest rate: 6.00%

Fixed monthly payment: $1,350.27

Breakdown in the 1st month:
Interest portion: $1,126.07  –  Principal portion: $224.20

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $13,437.61 $2,765.65 $222,448.35
2 $13,267.03 $2,936.23 $219,512.11
3 $13,085.93 $3,117.33 $216,394.78
4 $12,893.66 $3,309.60 $213,085.17
5 $12,689.53 $3,513.73 $209,571.44
6 $12,472.81 $3,730.45 $205,840.99
7 $12,242.72 $3,960.54 $201,880.45
8 $11,998.44 $4,204.82 $197,675.63
9 $11,739.10 $4,464.16 $193,211.47
10 $11,463.76 $4,739.50 $188,471.97
11 $11,171.44 $5,031.82 $183,440.15
12 $10,861.09 $5,342.17 $178,097.97
13 $10,531.59 $5,671.67 $172,426.30
14 $10,181.78 $6,021.48 $166,404.82
15 $9,810.38 $6,392.88 $160,011.94
16 $9,416.09 $6,787.17 $153,224.77
17 $8,997.47 $7,205.79 $146,018.98
18 $8,553.03 $7,650.23 $138,368.75
19 $8,081.18 $8,122.08 $130,246.67
20 $7,580.23 $8,623.03 $121,623.64
21 $7,048.38 $9,154.88 $112,468.76
22 $6,483.73 $9,719.53 $102,749.22
23 $5,884.25 $10,319.01 $92,430.21
24 $5,247.79 $10,955.47 $81,474.74
25 $4,572.08 $11,631.18 $69,843.56
26 $3,854.70 $12,348.56 $57,495.00
27 $3,093.07 $13,110.20 $44,384.80
28 $2,284.46 $13,918.80 $30,466.00
29 $1,425.98 $14,777.28 $15,688.72
30 $514.55 $15,688.72 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Millington, TN


1500 sqft3900 sqft
Ø selling price$241,396$513,514
Ø fast selling$219,451$462,162
Ø high price sale$263,340$564,865

In 2026, houses in Millington, TN will be offered at an average price of $133 per square foot. A 1,500 sqft home priced at $241,396 is 25.30% more expensive per square foot than a 3,900 sqft home priced at $513,514. Home prices in Millington, TN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $355,509. Sellers who can wait longer may achieve a higher price of up to $434,512.

FAQ – Home Values in Millington

What is the median home value in Millington in 2026?

In 2026, the typical home value in Millington is about $225,214 for an average home size of 1703 square feet. This corresponds to an average price of roughly $133 per square foot.

What is the average cost per square foot in Millington?

In 2026, homes in Millington sell for an average of around $133 per square foot, with a typical range between $106 and $145 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Millington is about 1703 square feet, with an estimated 2026 value around $225,214.



Locations close to Millington, TN

Moscow, TN62 $ / ft²
Munford, TN132 $ / ft²
Newbern, TN83 $ / ft²
Middleton, TN81 $ / ft²
Maury City, TN54 $ / ft²
Mason, TN111 $ / ft²




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