Home ValuePros
Talk to a Pro

Market Intelligence · TN / Gibson County

Milan, TN home prices and housing market

1 ZIP market liveData updated September 2026Typical value$185K1-yr changeUp1.6%

The typical home value in Milan, TN is $185K as of September 2026, up 1.6% from a year ago, based on the Zillow Home Value Index. In the typical Milan ZIP code, the median list price is $248K and homes spend a median of 49 days on market as of September 2026 (Realtor.com).

Get a cash offer

Sell without the wait

Sell your Milan home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

The coverage

Milan, by the numbers.

Typical home valueZillow ZHVI, September 2026
$185K
1-yr changeMedian across Milan ZIPs
+1.6%
ZIP markets live
1
County
Gibson County

Need cash home buyers on your timeline? Sell my house fast in Milan.

12-month value trend

+1.6% over 12 months

Typical home value in Milan over the last 12 months: $182K in Sep 2025 to $185K in Sep 2026 (+1.6%).

Sep 2025$182K

Sep 2026$185K

Median Zillow home value index across Milan's ZIP codes.

Context

Milan's housing market shows modest growth. The typical home value reached $185,011 as of September 2026, up 1.6% over the past year. There are 44 homes for sale, with 12 new listings added recently. The median list price sits at $247,900, while homes spend a median of 49 days on market. About 11.1% of listings have received price cuts. For homeowners considering a sale, this is a relatively balanced market, though the number of active listings suggests you'll have some competition.

The numbers

What is the housing market like in Milan, TN?

Typical home value

$185K

Up1.6%YoY

Median list price

$248K

Days on market

49

Homes for sale

44

Price cuts

11.1%

New listings

12

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Milan's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Milan, TN home prices over time

Typical home values in Milan, TN are up 1.6% over the past year, from $182K in September 2025 to $185K in September 2026.

Typical home value in Milan, TN, September of each year
MonthTypical value1-yr change
September 2026$185,011+1.6%
September 2025$182,096No prior year

Typical value is the median Zillow Home Value Index across Milan ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Milan, TN a buyer's or seller's market?

Milan, TN is roughly balanced between buyers and sellers.

The signals are mixed: relatively few listings have cut their asking price, but homes for sale are building up relative to new listings, so pricing and condition matter more than market direction.

Based on a median of 49 days on market and 11% of listings with a price cut in the typical Milan ZIP code, and 12 new listings against 44 active listings across Milan, as of September 2026 (Realtor.com).

The outlook

Milan housing market forecast 2027

+1.1%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Milan ZIP code, points to typical home values rising 1.1% by September 2027.

Over the 12 months through September 2026, typical home values in Milan rose 1.6%, per the Zillow Home Value Index.

Will home prices drop in Milan?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Milan shows typical home values rising 1.1% by September 2027, after a 1.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Milan ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

Free home value report

See what your Milan home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

Live markets

What ZIP codes are live in Milan?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

Free local consultation

Talk to a licensed pro in Milan.

A licensed local professional will walk through your numbers and your selling options, free and with no obligation.

Prefer to start online? See your value and cash offer instead.

Common questions

Questions about Milan, TN home prices.

What is a typical home value in Milan?

The typical home value in Milan is $185,011 as of September 2026, which is up 1.6% over the past year.

How long do homes stay on the market in Milan?

The median days on market in Milan is 49 days as of September 2026.

How many homes are currently for sale in Milan?

There are 44 homes for sale in Milan as of September 2026, with a median list price of $247,900.

Are home prices going up or down in Milan, TN?

Typical home values in Milan, TN are up 1.6% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Milan, TN a buyer's or seller's market?

Milan, TN is roughly balanced between buyers and sellers. The signals are mixed: relatively few listings have cut their asking price, but homes for sale are building up relative to new listings, so pricing and condition matter more than market direction. Based on a median of 49 days on market and 11% of listings with a price cut in the typical Milan ZIP code, and 12 new listings against 44 active listings across Milan, as of September 2026 (Realtor.com).

Nearby markets

More Tennessee housing markets.

The market is moving

Latest housing news

All news