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MILAN, TN 38358

Real Estate Market Report  ·  Gibson County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
45
vs 45 last year
Pending
12
27% pending ratio
Median Price
$229,999
⇩ 4% vs $239,675 last year
Average Price
$260,404
⇩ 2.1% vs $266,065 last year
Days on Market
91
⇩ 8.1% vs 99 days last year

Market Context

Population: 12,466  ·  Density: 58.2/mi²  ·  Median household income: $54,514

Typical home value: $138,885  ·  Homeownership: 63.5%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The MILAN, TN real estate market (38358) currently shows 45 active listings, with 12 pending sales. Homes are averaging 91 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 91 days on market compared to 99 days last year.

The median listing price has fallen 4% year-over-year, from $239,675 to $229,999.

Whether you are buying or selling in MILAN, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 91 now vs 99 last year

Median & Average Pricing

Year over Year
  • Median: $229,999 (-4% YoY)
  • Average: $260,404 (-2.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.5 miles — 519 listings ($189,843,125 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38358Milan, TN 383580.0 mi45$11,718,180$229,999$260,404
38220Atwood, TN 382206.9 mi8$2,019,312$184,000$252,414
38258Trezevant, TN 3825810.9 mi3$1,176,999$299,000$392,333
38343Humboldt, TN 3834311.3 mi73$34,934,734$282,400$478,558
38382Trenton, TN 3838213.5 mi31$7,466,009$214,900$240,839
38305Jackson, TN 3830514.9 mi250$103,191,500$344,450$412,766
38337Gadsden, TN 3833716.8 mi6$2,139,240$389,000$356,540
38369Rutherford, TN 3836918.8 mi10$1,963,500$152,450$196,350
38201McKenzie, TN 3820119.1 mi52$15,622,724$259,900$300,437
38229Gleason, TN 3822922.6 mi8$1,886,312$154,900$235,789
38255Sharon, TN 3825523.1 mi4$1,410,640$274,900$352,660
38001Alamo, TN 3800123.3 mi17$4,258,483$230,000$250,499
38233Kenton, TN 3823325.5 mi12$2,055,492$125,000$171,291

Frequently Asked Questions

How many homes are for sale in MILAN, TN 38358?

As of January 2026, there are 45 active listings in MILAN, TN (zip code 38358), compared to 45 the prior year.

What is the median home price in MILAN, TN 38358?

The median listing price in MILAN, TN 38358 is $229,999 as of January 2026, a 4% decrease from $239,675 the prior year.

How long do homes stay on the market in MILAN, TN?

Homes in MILAN, TN 38358 spend an average of 91 days on the market before going under contract, compared to 99 days the prior year.

Is it a seller's or buyer's market in MILAN, TN 38358?

Based on current inventory and days-on-market data as of January 2026, MILAN, TN 38358 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 91 days on market compared to 99 days last year.

How much can I save on real estate commission in MILAN, TN?

With SELL123.com's maximum 3% commission, sellers in MILAN, TN 38358 save an estimated $4,600 compared to a typical 5% commission on the median listing price of $229,999. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.