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Millington, TN 38053 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Millington, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.20
ActiveActive listings: 3535PendingPending sales: 77
Millington, TN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $298k$298kSoldMedian sold price (last 6 months): $271k$271k
What homes actually sell for in Millington, TN
Distribution of 223 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $165k to $321k
$80k to $131k: 25 sales$80k$131k to $182k: 33 sales$182k to $233k: 24 sales$182k$233k to $284k: 31 sales$284k to $334k: 56 sales56sales$284k$334k to $385k: 20 sales$385k to $436k: 7 sales$385k$436k to $487k: 4 salesMedian $271k

What the numbers say

As of October 26, 2026, Resideline is tracking 35 active listings and 7 pending sales in ZIP code 38053. That pending-to-active ratio of 0.20 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $298,000, while the median of the 223 closed sales Resideline tracked over the last six months was $270,990. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 38053 for 83 days.

Frequently asked questions

What is the median home price in 38053?

The median closed sale price in Millington, TN 38053 was $270,990 over the last six months, based on 223 closed sales tracked by Resideline. The middle half of those sales ranged from $165,000 to $320,990.

Is 38053 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 35 active listings in 38053, a pending-to-active ratio of 0.20. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 38053 is currently a faster-moving market.

Nearby ZIP code market data

Full Millington, TN housing market report →

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