Millington Real Estate

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Millington, Tennessee
Average Home Sizes and Asking Prices

Updated On: October 24, 2014
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
38053 0 $205,000 0 $123,000 201


38053 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  79   $118k
 1 Year Ago  81   $125k
 6 Months Ago   123   $119k
 1 Month Ago  123   $119k
 Today  123   $119k
*Averaged for 3 bedroom active listings



Change and Trend of Asking Price in 38053


Sold Price History in 38053
38053 sold real estate price trend
Demographics & Schools Mortgage Calculator Area Map

Millington Real Estate & Homes for Sale in Tennessee

Regarded as "Flag City Tennessee", a title that was granted by the Tennessee State Legislature in 1986, the city of Millington is an all-American city that is less than a half hour drive from Memphis and all of its big city amenities. Yet as a city of over 10,000 residents, one can't help but appreciate the quiet, small-town charm and Southern hospitality that this city affords to its residents.

Millington is known as the home of the former Memphis Naval Air Station, which was later downsized in 1993 and is now called the Naval Support Activity Mid-South. The airfield is now referred to as the Millington Regional Jetport. Millington is also the home of the Memphis International Raceway, formerly the Memphis Motorsports Park.

As part of the Memphis metropolitan region, commuting into Memphis whether for business or pleasure is a breeze thanks to U.S. Highway 51. Residents can get in and out of Memphis from Millington in as little as 20 minutes, making this city the perfect community for professionals and families. That's not to say you always have to drive into Memphis for fun and recreation; Millington's Arts and Recreation Department does a great job of providing year round entertainment, classes and programs, and maintaining six parks for the benefit of its residential base.

The majority of students attend schools in the Shelby County Schools public district while a few others attend some of the city's private and parochial schools or explore other options outside of public education. Students' higher education needs are provided by Southwest Tennessee Community College and University of Memphis.

So if you're looking to live in a city that offers the best of Southern charm in a welcoming environment, then consider making the move to Shelby County and its wonderful city of Millington today.

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Millington Real Estate Market Info - Prices of Houses for Sale in Millington

Millington features a great selection of single-family homes ranging from $80,000 to upwards of $475,000. Average home prices in Millington currently run at $140,000. Interested buyers will find that Millington's real estate market features quality homes that include 3 or more bedrooms, 2.5 or more bathrooms, along with the latest upgrades and amenities including hardwood floors, granite countertops, vaulted ceilings, spacious closets, and generous amounts of land. Many homes in Millington exhibit traditional, Colonial and Plantation style elements, such as sweeping porches with large columns, French windows with wooden shutters, gabled rooftops, and stone or brick walls. Most homes are within minutes from Millington Regional Jetport, local schools and parks, and shopping centers.

Millington Real Estate Stats and Trends for the week of October 20th, 2014: homes priced around $123,138 compared to $114,816 the previous week, showing a increase of more than +7%.  For Friday, October 24th, the current national mortgage rate for a 30 year fixed mortgage is 3.94%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.17%, while the 15 year jumbo rate currently is at 3.88%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Millington TN. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Millington to help you find the best home!

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