Milton, TN—37118
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Milton, TN
As of Oct '25, the median home price in Milton, TN is $612,000, with a year-over-year change of 3.1%. This indicates that home prices in Milton, TN are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $612,000 | 3.1% |
| Single Family | $613,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Milton, TN
As of July '25, Rentcast reports the average rent in Milton, TN is $2,200, with a year-over-year rent change of 35.8%. Per bedroom, the median rent as of July '25 in Milton, TN is 3-bedrooms: $2,200. The most common rental property sizes in Milton, TN are 3-bedroom and studio, accounting for 100.0% and 0.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,200 | $2,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Milton, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Milton, TN is 95. This is a increase of 47.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $885,000 | 13.0% |
Listing Count | 7 | -19.0% |
| Listings as % of Homes | 0.8% | -19.0% |
Days on Market | 95 | 47.0% |
Demographics — Milton, TN
As of the latest ACS Survey released in 2023, Milton, TN has a population of 1,090, which has increased by 5.2% over the past 5 years. Milton, TN is a less popular place for families, as children make up 14.8% of the population. The area has a poorly educated workforce, with 24.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,090 | 5.2% |
% Under 18 | 14.8% | -27.1% |
% Seniors | 37.7% | 156.5% |
% WFH | 9.5% | ∞% |
% w/ College Degree | 24.8% | -8.1% |
As of the latest ACS Survey released in 2023, Milton, TN is a predominantly white area, with 95.4% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Milton, TN is asian, making up 3.5% of the population. Foreign-born residents account for 4.6% of the population in Milton, TN, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.4% | -4.6% |
% Black | 0.0% | N/A |
% Hispanic | 1.1% | ∞% |
% Asian | 3.5% | ∞% |
% Foreign Born | 4.6% | ∞% |
Mortgage and Risk — Milton, TN
Milton, TN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Milton, TN
Milton, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,300 |
| 2 Bedroom | N/A | N/A | $1,460 |
| 3 Bedroom | -$360 | $2,200 | $1,840 |
| 4 Bedroom | N/A | N/A | $2,240 |
Affordability — Milton, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $612,000 |
| Median Household Income | $86,400 |