Manchester, TN
Housing market overview · Updated weekly
$270,000median sale price
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
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
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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.
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