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Rent To Own Homes in Manchester, TN 37355

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Manchester, TN Foreclosures

How much do homes sell for in Manchester, TN?
The average home price is currently $292,796.
In Manchester, TN, how many homes are available?
There are currently 5 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 $9,607,200.
What is currently the cheapest priced home in Manchester, TN?
The cheapest home for sale in Manchester is priced at $10,391.

Living in Manchester, TN

Manchester, TN is a charming city that combines a strong sense of community with modern convenience. It offers excellent educational facilities, a variety of outdoor activities, and hosts the famous Bonnaroo Festival, making it a vibrant place to live and visit. With its prime location, residents enjoy easy access to major highways and nearby Nashville.

Current Market Conditions in Manchester, TN

The real estate market in Manchester has been seeing a steady increase in home prices, attributed to the rising demand for housing in suburban areas. This trend is driven by an influx of residents seeking affordable living options near the Nashville metropolitan area. Homes are selling quicker with more competitive offers being made, indicating a strong seller's market.

Investment opportunities remain attractive as the city continues to develop, with new businesses and expanded infrastructure. Areas with new housing developments are particularly popular, and properties near amenities often see the highest interest.

Home Value Estimator For Manchester, TN

There are currently 9,988 real estate properties in Manchester, TN, with a median automated valuation model (AVM) price of $259,468.00. 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 $292,796.00, with the most expensive house in Manchester, TN, topping out at $9,607,200.00 and the cheapest home in Manchester, TN, clocking in at $10,391.00. 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 37355 Rent To Own Homes

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