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City / Town Overview

Manchester, TN

Aggregate real estate market report across all ZIPs in scope
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Manchester, TN real estate market currently shows 154 active listings, with 43 pending sales. Homes are averaging 84 days on the market before going under contract.

Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 84 days on market compared to 46 days last year.

The median listing price has risen 12.7% year-over-year, from $356,927 to $402,400.

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Market Context

Market Context

Population: 29,152  ·  Density: 54.4/mi²  ·  Median household income: $60,907

Typical home value: $226,091  ·  Homeownership: 70.8%

Included Areas

Manchester: 37349, 37355

Area Map

Market Overview

Active Listings
154
⇩ 10.5% vs 172 last year
Pending
43
28% pending ratio
Median Price
$402,400
⇧ 12.7% vs $356,927 last year
Average Price
$453,624
⇧ 1.6% vs $446,526 last year
Days on Market
84
⇧ 82.6% vs 46 days last year

Price Per Square Foot

Median $/sqft
$213
⇧ 4.4% vs $204/sqft last year
Median Home Size
1,871 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %