Is Milan, TN 38358 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Milan is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.5Under 4 months = seller’s market

Sold above original list14.3%Share of sales, last 3 months

Median sale-to-list96.7%Sold price ÷ list price

Median days on market41Listing to accepted offer

Median price per sq ft$152▲ +10.9% vs. last year

Run the numbers for 38358

Prefilled for 38358Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38358Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bradford 38316Balanced $192 /sq ft Dyer 38330Seller’s market $105 /sq ft Gibson 38338 — /sq ft Humboldt 38343Seller’s market $147 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology