Is Millington a buyer's or seller's market right now?

Millington is currently a balanced market with 3.3 months of supply. Homes are selling at 93.6% of list price, and 4.8% go pending within two weeks. The Ridley Sell Score for Millington is 31/100 (Cooling), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Millington?

The median home price in Millington is $251,000, down 19% year-over-year. The median price per square foot is $161. Homes sell in a median of 73 days with a sale-to-list ratio of 93.6%.

How much does it cost to sell a home in Millington, Tennessee?

On a $251,000 home in Millington, a traditional listing agent charges around $7,530 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $20,080 or more. With Ridley Essentials ($999) you save $6,531, and with Ridley Pro ($3,499) you save $4,031 while getting full agent support.

How does Ridley's flat fee compare to a traditional Millington agent?

A traditional Millington listing agent typically charges 3% of the sale price — about $7,530 on a $251,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $6,531–$4,031 compared to a traditional agent.

How long does it take to sell a home in Millington?

The median home in Millington currently spends 73 days on the market before going under contract. 4.8% of homes go pending within two weeks. At a 93.6% sale-to-list ratio, sellers are seeing some negotiation. Only 12.1% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Tennessee?

No. Tennessee does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $251,000 home, that could save you up to $4,031.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Tennessee. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $7,530 commission.

National/Tennessee

Millington, TN

Is Now a Good Time to Sell in Millington, Tennessee?

The median home in Millington sells for $251,000 with prices down 19% year-over-year. The average seller pays $7,530 in commissions — Ridley’s flat fee saves you $4,031.

Millington Real Estate Market Conditions — March 2026

31out of 100

Ridley Sell Score

How it's scored →

Cooling

31/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Millington market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessNeutral

3.3 months of supply — near the balanced threshold of 5 months. Tennessee average is 5.9.

Price MomentumFavors buyers

Prices down 19% year-over-year — vs. -0.3% statewide.

Seller LeverageFavors buyers

Homes selling at 93.6% of asking — buyers are negotiating 6.4% below list. Tennessee average is 97%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Tennessee average of 13%.

Sale SpeedNeutral

73 median days on market — 16 days faster than the Tennessee average.

Market UrgencyFavors buyers

4.8% of listings go pending within 2 weeks — vs. 22.4% statewide.

Price StabilityNeutral

Only 12.1% of listings have dropped their price — sellers are holding firm. Tennessee average is 21.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$251,000

-19%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$161

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

93.6%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

3.3

Balanced

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Price Drops

Percentage of active listings that had a price reduction.

12.1%

Well-priced market

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

4.8%

Slower pace

12-Month Price Trend

$310,990 → $251,000

▼19.3%

$320K$300K$280K$260K$240K

AprJunAugOctDecFebMar

Data updated March 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Millington — delivered monthly.

Your savings

How much can you save selling your home in Millington?

The average Millington homeowner saves $4,031 by selling with Ridley instead of paying the traditional 3% listing commission on a $251,000 home.

$0Estimated savings

That could furnish your new living room — save 1.6% of your home value

Your Millington home value

$251,000

$50,000$10M

Traditional Agent (3%)

$7,530

Ridley Pro (flat fee)

$3,499

Ready to sell in Millington?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Millington?

The total cost to sell a house in Millington in 2026 ranges from $999 with Ridley Essentials to approximately $7,530 with a traditional 3% commission on a $251,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$7,530	$3,499	$999	$0
Buyer agent	$7,0282.8% avg	$5,020~2% avg	$5,020~2% avg	$7,0282.8% avg
Closing costs (~1.5%)	$3,765	$3,765	$3,765	$3,765
Total cost	$18,323	$12,284	$9,784	$10,793
Net proceeds	$232,677	$238,716	$241,216	$240,207
You save	—	$4,031	$6,531	$7,530No support