Housing Prices in Milan, TN

How much do homes in Milan, TN cost?

Median List Price

$349,000

$128/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

-$21,000(-5.7%)

Key Takeaway

The list price of homes in Milan has decreased by 5.7% since last year.

Summary: The median home list price in Milan was $349,000 in December 2024, down 5.7% from the previous year, and the median price per square foot was $128.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 -$107.5K
N/A
3 $335K$262.5K
-21.6%
4 $335K$350K
+4.5%
5+ $1.1M$1.1M
0.0%

Summary: Milan housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 21.6%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes did not change.

Housing Supply in Milan, TN

How many homes are available in Milan, TN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
63-50.0%

Summary: The Milan real estate market had 3 homes for sale in December 2024, a 50.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 00
0.0%
4 43
-25.0%
5+ 00
0.0%

Summary: The Milan housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Days on Market for Milan, TN

How long does it take to sell a home in Milan, TN?

Average Listing Age

Dec 2023Dec 2024CHANGE
275 Days80 Days-71.0%

Summary: Homes in Milan had an average listing age of 80 days in Dec 2024, down by 71% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS, and Memphis MLS for the period 01/01/2023 - 01/01/2025

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2025 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/2/2025, 9:18:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/2/2025, 9:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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