Manchester, TN Housing Market & Real Estate

Balanced market-15.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Manchester, TN is $270,000, down 15.6% year-over-year. Homes sell in an average of 125 days with 68 active listings. The market is currently a balanced market.

$270,000median sale price

Is Manchester a buyer's or seller's market?

Balanced market3.6 months of supply125 avg. days on market

Manchester, TN is currently a balanced market, based on 3.6 months of supply and homes selling in about 125 days. How we determine this →

Homes sold

19

Last 12 weeks

Days on market

125

Average pace

Active listings

68

3.6 months supply

Sale-to-list

98.7%

Below asking

Manchester, TN market data

Current housing market statistics for Manchester, TN
MetricValue
Median sale price$270,000
Median list price$354,900
Year-over-year price change-15.6%
Average days on market125 days
Active inventory68 listings
Months of supply3.6 months
Sale-to-list price ratio98.7%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Manchester housing market is currently classified as a balanced market with a median sale price of $270,000. Prices have fallen 15.6% compared to last year, with homes spending an average of 125 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Manchester

There are currently 68 homes listed for sale in Manchester, Tennessee. The median listing price is $355K. Featured listings range from $199,900 to $1,099,900.

3 bedroom mobile home for sale at 212 Volunteer Ave Manchester 37355 - $199,900
New listing
52
$199,900

212 Volunteer Ave

Manchester, TN 37355

3 bd2 ba1,248 sqft
Mobile home20,473 sqft lot
Sold 2024 for $80K

Steve Jernigan · Steve Jernigan Realty

More about this property
3 bedroom house for sale at 919 Oak St Manchester 37355 - $224,990
New listing
46
$224,990

919 Oak St

Manchester, TN 37355

3 bd2 ba1,131 sqft
House32,234 sqft lot
Est. $183KSold 2015 for $75K

Kelley Taylor · Century 21 Coffee County Realty & Auction

More about this property
2 bedroom house for sale at 96 Stonehenge Cir Manchester 37355 - $292,990
New listingNew build
14
$292,990

96 Stonehenge Cir

Manchester, TN 37355

2 bd2 ba909 sqft
House10,890 sqft lot

Billy Nelson · CastleRock dba The Jones Company

More about this property
3 bedroom townhouse for sale at 143 Creek Wood Rd Manchester 37355 - $302,500
New listing
29
$302,500

143 Creek Wood Rd

Manchester, TN 37355

3 bd3 ba2,097 sqft
Townhouse1,742 sqft lot

Maggie Lawrence · The Bogetti Partners

More about this property
3 bedroom house for sale at 59 Stonehenge Ln Manchester 37355 - $313,990
New listingNew build
14
$313,990

59 Stonehenge Ln

Manchester, TN 37355

3 bd2 ba1,268 sqft
House
More about this property
3 bedroom house for sale at 395 Ridge St Manchester 37355 - $315,000
New listingNew build
19
$315,000

395 Ridge St

Manchester, TN 37355

3 bd2 ba1,331 sqft
House12,197 sqft lot

Steve Jernigan · Steve Jernigan Realty

More about this property
3 bedroom house for sale at 95 Stonehenge Cir Manchester 37355 - $319,620
New listingNew build
14
$319,620

95 Stonehenge Cir

Manchester, TN 37355

3 bd2 ba1,071 sqft
House
More about this property
3 bedroom house for sale at 194 Hickory Dr Manchester 37355 - $329,900
New listing
$329,900

194 Hickory Dr

Manchester, TN 37355

3 bd2 ba1,598 sqft
House1.84 acres
Est. $538KSold 1998 for $79K

Teresa (Tee) Miller · Century 21 Coffee County Realty & Auction

More about this property
4 bedroom house for sale at 97 Stonehenge Cir Manchester 37355 - $329,990
New listingNew build
14
$329,990

97 Stonehenge Cir

Manchester, TN 37355

4 bd3 ba1,670 sqft
House10,890 sqft lot

Billy Nelson · CastleRock dba The Jones Company

More about this property
4 bedroom house for sale at 93 Stonehenge Cir Manchester 37355 - $337,470
New listingNew build
25
$337,470

93 Stonehenge Cir

Manchester, TN 37355

4 bd3 ba1,670 sqft
House
More about this property
3 bedroom house for sale at 775 Ragsdale Rd Manchester 37355 - $368,900
New listing
51
$368,900

775 Ragsdale Rd

Manchester, TN 37355

3 bd2 ba1,617 sqft
House17,860 sqft lot

Mike Winton · Mike Winton Realty & Auction

More about this property
4 bedroom house for sale at 446 Waterford Dr Manchester 37355 - $1,099,900
New listing
95
$1,099,900

446 Waterford Dr

Manchester, TN 37355

4 bd4 ba4,454 sqft
House1.89 acres
Est. $939KSold 2021 for $783K

Jessica London · Southern Middle Realty

More about this property

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Active listings

68

Homes on market

Median list price

$355K

Avg. days on market

125

Days until sale

New this week

14

Newly listed

Price drops:23.5%of listings
Sale-to-list:98.7%

Top public schools in Manchester

12 schools tracked · 5,346 students

The largest public schools serving Manchester, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Coffee County Central High School

Grades 10-12 · 1,287 students

Public

Coffee County Middle School

Grades 6-8 · 827 students

Public

College Street Elementary

Grades PK-5 · 587 students

Public

Westwood Elementary

Grades PK-5 · 572 students

Public

Coffee County Raider Academy

Grades 9 · 425 students

Public

Westwood Middle School

Grades 6-8 · 415 students

Public

North Coffee Elementary

Grades PK-5 · 349 students

Public

New Union Elementary

Grades PK-5 · 298 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Manchester?

The median home sale price in Manchester is $270,000, down 15.6% from last year.

How long do homes stay on market in Manchester?

Homes typically spend 125 days on market before going under contract.

Is Manchester a buyer's or seller's market?

With 3.6 months of supply, Manchester is currently a balanced market.

How many homes are for sale in Manchester?

There are currently 68 homes listed for sale in Manchester, TN.

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