Housing in Manchester, TN (37355) is selling at a median value of $279,000 which is lower than the US median value of $338,100. However, the house appreciation rate in Manchester is significantly higher than the national average of 8.27%, with a one year appreciation rate of 13.88%. This indicates that housing prices in Manchester are on an upward trend and those looking to invest in property there will likely see their investments increase substantially over time.
The median home cost in Manchester (zip 37355) is $279,000. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Manchester (zip 37355) is up 22.8%.
Average Age of Homes
- The median age of Manchester (zip 37355) real estate is 33 years old
The Rental Market in Manchester (zip 37355)
- Renters make up 28.7% of the Manchester (zip 37355) population
- 0.6% of houses and apartments in Manchester (zip 37355), 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.