New Listing
52
$199,900
212 Volunteer Ave
Manchester, TN 37355
3 bd2 ba1,248 sqft$160/ft²
Mobile home20,473 sqft lot
Steve Jernigan · Steve Jernigan Realty
View photos & details
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Sarah Mitchell
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Compass Real Estate · Manchester, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Manchester, TN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Manchester, TN Housing Market & Real Estate
Balanced market-6.8% YoY
Housing market overview · Updated monthly ·
$302,995median sale price
How is the Manchester, TN housing market right now?
The median home sale price in Manchester, TN is $302,995, down 6.8% year-over-year. Homes sell in an average of 96 days with 68 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Manchester a buyer's or seller's market?
Balanced market3.1 months of supply96 avg. days on market
Manchester, TN is currently a balanced market, based on 3.1 months of supply and homes selling in about 96 days. How we determine this →
Homes sold
22
Last 12 weeks
Days on market
96
Average pace
Active listings
68
3.1 months supply
Sale-to-list
98.3%
Below asking
What does the Manchester housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $302,995 |
| Median list price | $338,615 |
| Year-over-year price change | -6.8% |
| Average days on market | 96 days |
| Active inventory | 68 listings |
| Months of supply | 3.1 months |
| Sale-to-list price ratio | 98.3% |
| Median price per sq ft | $195/sq ft |
| Homes sold (latest month) | 22 |
| New listings (latest month) | 19 |
| Listings with a price cut | 30.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Manchester by property type?
How the Manchester, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $301,000 | $197/sq ft | 21 | 90 days |
| Condo / Co-op | $424,900 | $224/sq ft | 1 | 22 days |
| Townhouse | $296,900 | $166/sq ft | 1 | 393 days |
Source: Redfin · Updated monthly
The Manchester housing market is currently classified as a balanced market with a median sale price of $302,995. Prices have fallen 6.8% compared to last year, with homes spending an average of 96 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.0x provides context for how home values compare to local earning capacity.
Homes for sale in Manchester
There are currently 68 homes listed for sale in Manchester, Tennessee. The median listing price is $339K. Featured listings range from $199,900 to $1,099,900.
New Listing
46
$224,990
919 Oak St
Manchester, TN 37355
3 bd2 ba1,131 sqft$199/ft²
House32,234 sqft lot
Kelley Taylor · Century 21 Coffee County Realty & Auction
View photos & details
New Build
14
$292,990
96 Stonehenge Cir
Manchester, TN 37355
2 bd2 ba909 sqft$322/ft²
House10,890 sqft lot
Billy Nelson · CastleRock dba The Jones Company
View photos & details
New Listing
29
$302,500
143 Creek Wood Rd
Manchester, TN 37355
3 bd3 ba2,097 sqft$144/ft²
Townhouse1,742 sqft lot
Maggie Lawrence · The Bogetti Partners
View photos & details
New Build
14
$313,990
59 Stonehenge Ln
Manchester, TN 37355
3 bd2 ba1,268 sqft$248/ft²
House
View photos & details
New Build
19
$315,000
395 Ridge St
Manchester, TN 37355
3 bd2 ba1,331 sqft$237/ft²
House12,197 sqft lot
Steve Jernigan · Steve Jernigan Realty
View photos & details
New Build
14
$319,620
95 Stonehenge Cir
Manchester, TN 37355
3 bd2 ba1,071 sqft$298/ft²
House
View photos & details
New Listing
$329,900
194 Hickory Dr
Manchester, TN 37355
3 bd2 ba1,598 sqft$206/ft²
House1.84 acres
Teresa (Tee) Miller · Century 21 Coffee County Realty & Auction
View photos & details
New Build
14
$329,990
97 Stonehenge Cir
Manchester, TN 37355
4 bd3 ba1,670 sqft$198/ft²
House10,890 sqft lot
Billy Nelson · CastleRock dba The Jones Company
View photos & details
New Build
25
$337,470
93 Stonehenge Cir
Manchester, TN 37355
4 bd3 ba1,670 sqft$202/ft²
House
View photos & details
New Listing
51
$368,900
775 Ragsdale Rd
Manchester, TN 37355
3 bd2 ba1,617 sqft$228/ft²
House17,860 sqft lot
Mike Winton · Mike Winton Realty & Auction
View photos & details
New Listing
95
$1,099,900
446 Waterford Dr
Manchester, TN 37355
4 bd4 ba4,454 sqft$247/ft²
House1.89 acres
Jessica London · Southern Middle Realty
View photos & details
Looking to buy in Manchester?
Get connected with a local real estate expert — free, no obligation.
Active listings
68
Homes on market
Median list price
$339K
Avg. days on market
96
Days until sale
New this week
19
Newly listed
Price drops:30.9%of listings
Sale-to-list:98.3%
Who lives in Manchester?
Population
12,651
Median income
$55,019/yr
Median age
32.5 years
Owner-occupied
54.9%
College grads
25.7%
Avg commute
26.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Manchester?
Zillow home value
$329,277
Zillow rent index
$1,493/mo
Price-to-rent ratio
18.4x
Price-to-income
6.0x
Source: Zillow Research
What is it like to live in Manchester?
Manchester is a community of approximately 13K residents with a median age of 32.5 years.The median household income is $55,019, which represents a working-class community with solid middle-income opportunities. 25.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 54.9%, showing a blend of owner and renter-occupied properties. The average commute time is 26.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Manchester offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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
Coffee County Middle School
Grades 6-8 · 827 students
College Street Elementary
Grades PK-5 · 587 students
Westwood Elementary
Grades PK-5 · 572 students
Coffee County Raider Academy
Grades 9 · 425 students
Westwood Middle School
Grades 6-8 · 415 students
North Coffee Elementary
Grades PK-5 · 349 students
New Union Elementary
Grades PK-5 · 298 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Manchester, TN?
Want a head-to-head view? Compare Manchester side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Manchester?
Is Manchester a good real estate investment market?
For investors evaluating Manchester, the price-to-rent ratio of 18.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 6.8% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Manchester's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Manchester's median home price.
Frequently asked questions
What is the average home price in Manchester?
The median home sale price in Manchester is $302,995, down 6.8% from last year.
How long do homes stay on market in Manchester?
Homes typically spend 96 days on market before going under contract.
What is the median income in Manchester?
The median household income is $55,019 per year.
Is Manchester a buyer's or seller's market?
With 3.1 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.
What is the Zillow home value estimate for Manchester?
The Zillow Home Value Index (ZHVI) for Manchester is $329,277, representing the typical home value in the area.
What is the median condo price in Manchester?
The median condo/co-op sale price in Manchester, TN is $424,900, compared to $301,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Manchester?
The median single-family home price in Manchester, TN is $301,000 (about $197 per square foot).
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