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Millington—60537

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$294,000
1.9% YoY Growth
Household Income
$79,800
19.3% YoY Growth
Days on Market
72
173.0% Longer YoY
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Other Zip Codes in Millington

38054
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Millington

Millington lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$294,0001.9%
Single Family $294,0001.4%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A

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  • Affordability
  • Rentals and Section 8
  • 2 Bed
    N/A
    N/A
    3 Bed
    N/AN/A
    4 Bed
    N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    2.0%
    1 Bedroom
    8.8%
    2 Bedrooms
    5.8%
    3 Bedrooms
    38.1%
    4 Bedrooms
    33.7%
    5+ Bedrooms
    11.6%

    Rental Trends — Millington

    Millington lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    53.3%
    2 Bedrooms
    26.7%
    3 Bedrooms
    13.3%
    4 Bedrooms
    6.7%

    Property Listings — Millington

    As of May '26, Realtor.com reports that the median days on market for a home in Millington is 72. This is a increase of 173.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $699,000142.0%
    Listing Count
    10.0%
    Listings as % of Homes0.7%0.0%
    Days on Market
    72173.0%
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    Demographics — Millington

    As of the latest ACS Survey released in 2023, Millington has a population of 671, which has increased by 3.7% over the past 5 years. Millington is a popular place for families, as children make up 27.7% of the population. The area has a poorly educated workforce, with 18.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    6713.7%
    % Under 18
    27.7%12.1%
    % Seniors
    15.2%83.1%
    % WFH
    6.8%142.9%
    % w/ College Degree
    18.1%-12.1%
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    As of the latest ACS Survey released in 2023, Millington is a predominantly white area, with 87.9% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Millington is hispanic, making up 7.3% of the population. Foreign-born residents account for 0.4% of the population in Millington, and this percentage has decreased by 20.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    87.9%-7.2%
    % Black
    2.7%∞%
    % Hispanic
    7.3%37.7%
    % Asian
    0.0%N/A
    % Foreign Born
    0.4%-20.0%
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    Mortgage and Risk — Millington

    Millington lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip 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
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    Rentals and Section 8 — Millington

    Millington 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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,200
    2 BedroomN/AN/A$1,570
    3 BedroomN/AN/A$2,210
    4 BedroomN/AN/A$2,310

    Affordability — Millington

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.3
    Median Home Price$294,000
    Median Household Income$79,800

    Millington — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    60541

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    60548

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    60552

    Frequently Asked Questions