Manchester, TN Housing

The housing market in Manchester, TN is on the rise with a median value of $265,000. This is significantly lower than the US house median value of $338,100 but still higher than the 1 year house appreciation rate in the US of 8.27%. In Manchester, the 1 year house appreciation rate has been 13.88%, indicating that housing prices are increasing quickly and could be a great time to buy or sell property in this area. With a supportive local economy and strong housing market, Manchester is an ideal place for anyone who is interested in investing or looking for a new home.

The median home cost in Manchester is $265,000. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Manchester is up 22.8%.

Average Age of Homes

- The median age of Manchester real estate is 41 years old

The Rental Market in Manchester

- Renters make up 45.1% of the Manchester population
- 0.5% of houses and apartments in Manchester, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Manchester, Tennessee	United States
	4,904.0	139,647,020.0
	35	42
	$265,000	$338,100
	22.8%	16.6%
	73.7%	57.0%
	99.2%	101.1%
	$7.11	$10.98
	$1,477	$2,690
	46.2%	57.4%
	6.0%	11.2%
	47.8%	31.4%
Vacant Housing
	0.5%	1.9%
	0.6%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	1.3%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	2.2%	2.6%
	0.0%	2.4%
	4.7%	2.8%
	5.8%	3.9%
	13.1%	4.5%
	20.7%	11.3%
	18.4%	13.0%
	21.7%	20.1%
	10.2%	13.6%
	1.0%	8.3%
	0.9%	9.7%
	0.0%	3.9%
	1.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	16.2%	13.6%
	16.2%	13.6%
	11.0%	13.6%
	15.2%	13.2%
	15.7%	14.8%
	11.0%	13.6%
	8.9%	10.0%
	1.2%	4.7%
	3.6%	12.2%