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Foreclosure Homes in Manchester, TN

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Manchester, TN Foreclosures

Current Market Conditions in in Manchester, TN As of February 2026?
In the last month, Manchester has experienced increased activity in its real estate sector, with a notable rise in homes sold compared to the previous month. This uptick can be attributed to an influx of new residents attracted by the area's scenic beauty and pleasant living conditions. Average prices have also slightly increased, reflecting the growing demand and confidence in the local market. Sellers are finding it easier to list their homes with multiple offers being common in desirable neighborhoods.
How much do homes sell for in Manchester, TN?
The average home price is currently $332,615.
In Manchester, TN, how many homes are available?
There are currently 82 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 $31,543,370.
What is currently the cheapest priced home in Manchester, TN?
The cheapest home for sale in Manchester is priced at $10,354.

Living in Manchester, TN

Manchester, TN, offers a quaint yet functional lifestyle, characterized by its friendly neighborhoods and abundant outdoor spaces. The city boasts a range of local shops, restaurants, and educational institutions, making it a desirable place to live for families and professionals alike. With its rich history and community-focused events, Manchester is a hidden gem in the heart of Tennessee.

Buyer vs Seller Market in Manchester, TN

Currently, Manchester's real estate market is on an upswing, fueled by growing interest from buyers seeking affordable housing options outside of larger cities. The demand for homes has increased, leading to a slight rise in property values and a decrease in the time homes spend on the market. Several neighborhoods are seeing new developments and renovations, reflecting the area’s evolving demographic and appealing to a diverse group of buyers.

Home Value Estimator For Manchester, TN

There are currently 11,791 real estate properties in Manchester, TN, with a median automated valuation model (AVM) price of $273,989.00. 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 $332,615.00, with the most expensive house in Manchester, TN, topping out at $31,543,370.00 and the cheapest home in Manchester, TN, clocking in at $10,354.00. 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.

Manchester, TN Foreclosures

Market Trend for Manchester, TN

Total Listings Available: 82

Market Values:

Home Prices from $10,354 to $31,543,370

Average Sales Price: $332,615

Rental Values:

Rental from $480 to $2,000

Average Rent Value: $929 / month

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