Tullahoma-Manchester Metro Area, TN Housing

The Tullahoma-Manchester, TN Metro Area is a great place to call home, with a median housing value of $257,200. This is significantly lower than the U.S. house median value of $338,100, making it a great option for people looking to purchase homes in the area. In addition, the one year house appreciation rate in the Tullahoma-Manchester area is currently 16.78%, which is much higher than the average U.S. house appreciation rate of 8.27%. With such strong appreciation rates and lower prices compared to other areas across the country, Tullahoma-Manchester is an excellent place to invest in real estate and make your home.

The median home cost in Tullahoma-Manchester Metro Area is $257,200. Home appreciation the last 10 years has been 100.1%. Home Appreciation in Tullahoma-Manchester Metro Area is up 22.9%.

Average Age of Homes

- The median age of Tullahoma-Manchester Metro Area real estate is 35 years old

The Rental Market in Tullahoma-Manchester Metro Area

- Renters make up 25.4% of the Tullahoma-Manchester Metro Area population
- 0.8% of houses and apartments in Tullahoma-Manchester Metro Area, 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	Tullahoma-Manchester, Tennessee	United States
	47,003.0	139,647,020.0
	36	42
	$257,200	$338,100
	22.9%	16.6%
	73.9%	57.0%
	100.1%	101.1%
	$6.75	$10.98
	$1,144	$2,690
	62.7%	57.4%
	12.0%	11.2%
	25.3%	31.4%
Vacant Housing
	0.8%	1.9%
	0.2%	0.4%
	0.7%	0.7%
	0.1%	0.4%
	2.9%	3.6%
	7.3%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	3.1%	2.4%
	3.7%	2.8%
	5.8%	3.9%
	7.8%	4.5%
	17.8%	11.3%
	20.8%	13.0%
	18.4%	20.1%
	10.3%	13.6%
	3.6%	8.3%
	4.0%	9.7%
	1.2%	3.9%
	0.7%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	15.1%	13.6%
	15.1%	13.6%
	18.6%	13.6%
	15.1%	13.2%
	14.5%	14.8%
	18.6%	13.6%
	8.7%	10.0%
	3.2%	4.7%
	5.1%	12.2%

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