Market Overview
Home Prices in Milledgeville, TN
The median home value in Milledgeville, TN is $152,124 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6% compared to a year ago and down 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Milledgeville are priced63% below average. Milledgeville is part of the Jackson, TN metro area.
Price History
Milledgeville Home Price Trend
2022
$139,610
$140K
—
2023
$140,357
$140K
+0.5%
2024
$146,822
$147K
+4.6%
2025
$143,549
$144K
-2.2%
2026
$152,124
$152K
+6.0%
City Comparison
Milledgeville vs. National Median
🏠 Milledgeville
$152,124
National Median
$410,000
At $152,124, homes in Milledgeville cost 63% below the national median of $410,000. This makes Milledgeville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Milledgeville?
20% Down Payment
$30,425
on $152,124
Monthly P&I
$793/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,007/mo
incl. taxes & insurance
Income Needed
$40,280
gross annual (30% rule)
10% Down Option
$15,212
+ PMI applies
Loan Amount (20% dn)
$121,699
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Milledgeville, TN?
The median home value in Milledgeville is $152,124 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6% year-over-year.
How much have home prices changed in Milledgeville?
Over the past year, home values in Milledgeville have increased by 6%.
How much do I need to earn to buy a home in Milledgeville?
To comfortably afford the median home price of $152,124 with a 20% down payment ($30,425) at today's rates (6.8%), you'd need a gross annual income of approximately $40,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Milledgeville compare to the national average home price?
The national median home value is approximately $410,000. At $152,124, homes in Milledgeville are 63% below the national average.
What metro area is Milledgeville part of?
Milledgeville is part of the Jackson, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.