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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 April 2026?
In the past month, the Manchester real estate market has experienced a slight uptick in demand, with a few homes selling above the asking price. The average days on market has decreased, indicating that buyers are moving quickly when they find properties that meet their criteria. Overall, buyers are still finding opportunities in this competitive yet nurturing market.
How much do homes sell for in Manchester, TN?
The average home price is currently $325,946.
In Manchester, TN, how many homes are available?
There are currently 83 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 $30,665,066.
What is currently the cheapest priced home in Manchester, TN?
The cheapest home for sale in Manchester is priced at $10,081.

Living in Manchester, TN

Manchester, TN, is a vibrant small city that serves as a junction between Nashville and Chattanooga. With its tight-knit community, beautiful parks, and outdoor activities, it’s an attractive location for families and individuals alike. Its proximity to the highway and local attractions enhance its appeal for both residents and visitors.

Buyer vs Seller Market in Manchester, TN

The Manchester real estate market remains steady with a balanced mix of buyers and sellers. Homes here are still affordable compared to larger cities, making it an increasingly attractive option for first-time buyers and investors looking for rental properties.

Over the past few years, Manchester has seen a slow but consistent rise in property values, attributed to the city's growth in amenities and continued interest from home buyers seeking a suburban lifestyle relatively close to urban hubs.

Home Value Estimator For Manchester, TN

There are currently 11,792 real estate properties in Manchester, TN, with a median automated valuation model (AVM) price of $266,507.00. 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 $325,946.00, with the most expensive house in Manchester, TN, topping out at $30,665,066.00 and the cheapest home in Manchester, TN, clocking in at $10,081.00. 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: 83

Market Values:

Home Prices from $10,081 to $30,665,066

Average Sales Price: $325,946

Rental Values:

Rental from $480 to $2,000

Average Rent Value: $929 / month

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