Manchester, TN Foreclosures
How much do homes sell for in Manchester, TN?
The average home price is currently $290,443.
In Manchester, TN, how many homes are available?
There are currently 69 active home listings available in Manchester.
What’s the average rental cost in Manchester, TN?
The average rental price in Manchester is $929.
What is the most expensive home in Manchester?
The most expensive home sold in Manchester had a price of $10,294,900.
What is currently the cheapest priced home in Manchester, TN?
The cheapest home for sale in Manchester is priced at $10,385.
Living in Manchester, TN
Manchester, TN is a vibrant city known for its welcoming community and picturesque landscapes. It offers a great mix of outdoor activities, local events, and essential amenities. With its easy access to larger urban centers and a thriving local culture, Manchester is a great place to call home.
Current Market Conditions in Manchester, TN
The real estate market in Manchester, TN has shown resilience, with steady growth in home prices over recent months. As more people look to relocate away from urban centers, Manchester has become an attractive option due to its affordability and quality of life. Homes are selling faster, indicating a competitive market.
The demand for residential properties in Manchester is increasing, with notable interest in both single-family homes and apartments. The average home price is on the rise, but it remains below the national average, making it afforable for first-time homebuyers. As the community continues to grow, new developments are expected to pop up.
Home Value Estimator For Manchester, TN
There are currently 9,989 real estate properties
in Manchester, TN,
with a median automated valuation model (AVM) price
of $257,862.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Manchester, TN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Manchester, TN,
is $290,443.00, with the most expensive house
in Manchester, TN, topping out
at $10,294,900.00 and the cheapest home
in Manchester, TN,
clocking in at $10,385.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Manchester, TN!
Rent Prices
In Manchester, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Manchester, TN, is on
a rollercoaster ride. The
average rent price in Manchester, TN,
is $929.00. Indeed, when looking to rent in
Manchester, TN, you can expect to pay as little
as $480.00 or as much
as $2,000.00,
with the average rent median estimated to
be $920.00. The good news is that finding
an affordable and desirable property to rent in Manchester, TN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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