Manchester, TN Housing Market 2026: Median Home Price, Last 12 Months
What homes actually sell for in Manchester: a median closing price of $309,900 across 344 closings Resideline tracked over the last 12 months, plus the full price spread.
Manchester closes a lot of homes into a narrow band, which makes its median unusually informative: sales over the last 12 months land close together, so the citywide number is a real anchor rather than an average of extremes.
The snapshot
- •Closings tracked, last 12 months: 344
- •Median sold price, last 12 months: $309,900
- •Median sold $/sqft, last 12 months: $197
- •Middle half of sales closed between: $240,000 and $355,000
What the numbers say
Resideline tracked 344 closed sales in Manchester over the last 12 months, with a median closing price of $309,900. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $240,000 and $355,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. 93% of the Manchester closings we track here are single-family houses, so these figures primarily reflect that segment, and the citywide $/sqft figure primarily reflects that segment as well. Across the 341 closings with usable living area, the middle half sold between $160 and $217 per square foot.
Figures last updated September 6, 2026 from closings Resideline tracked.
Median home price in Manchester, TN (September 2026)
The median home price in Manchester is $309,900, measured across the 344 closed sales Resideline tracked over the last 12 months. The middle half of those sales closed between $240,000 and $355,000.
Where Manchester sale prices land
Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Manchester over the last 12 months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $240,000 and $355,000. Among the 71 Tennessee markets with a published band, Manchester's middle-half spread ($240,000 to $355,000) ranks 14th from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 21st percentile of the 2,187 US markets in Resideline's national Market Watch set, on data as of September 4, 2026.
How long a sale takes here
- •Listed to under contract: a median of 48 days, across 126 Manchester closings Resideline tracked in the last 12 months
- •Contract to closing: a median of 25 days, across 122 Manchester closings Resideline tracked in the last 12 months
The Manchester angle
A narrow band and a solid sample make Manchester, Tennessee one of the more tractable markets to price in. The stretch from $240,000 to $355,000 is shorter than in most markets we track, so the middle of the market is compact, and 344 closings mean matched comps are findable without reaching far. The thing to watch is which side of the midpoint your evidence comes from. The band is close to even around $309,900: the ground down to $240,000 and the ground up to $355,000 are about the same. A comp set that drifts low misprices about as much as one that drifts high, so spend your effort on matching rather than on placement.
From market read to offer price
A tight market makes the next step easier: the citywide anchor sits close to most homes, and a report only has to explain the gap. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.
And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.
Run any Manchester address through Resideline and you will see the local market and the property's value together, in one report.
Cite this
Using these numbers? Please cite the source and the sample size:
Source: Resideline Market Watch
Market: Manchester, TN
Geography: incorporated municipality, Census place 4745500
Data updated: September 2026
Analysis period: last 12 months
Tracked closings: 344
Median sold price: $309,900
Median sold $/sqft: $197 (341 qualifying)
Property mix: 93% houses
https://resideline.com/blog/manchester-tn-housing-market
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<img src="https://resideline.com/images/embed/manchester-tn.png" alt="Manchester, TN home sale price distribution, last 12 months" width="1000" style="max-width:100%;height:auto">
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<p>Source: <a href="https://resideline.com/blog/manchester-tn-housing-market">Resideline Market Watch</a></p>
The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.
Every local market figure on this page is computed from closed sales Resideline tracked in Manchester over the last 12 months, and is refreshed when the data is. The closings we track within the Manchester city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 14% of the 344 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $314,990.
Frequently Asked Questions
What is the median home price in Manchester?
The median sold price in Manchester over the last 12 months is $309,900, measured across 344 closings Resideline tracked.
How many homes sold in Manchester last month?
Resideline tracked 17 closed sales in Manchester in August 2026, out of 344 closings tracked over the last 12 months. These are tracked samples of market activity, not official county totals.
What is the typical sale price range in Manchester?
The middle half of Manchester sales over the last 12 months closed between $240,000 and $355,000, with a median of $309,900.
What is the typical price per square foot in Manchester?
Among qualifying Manchester closings Resideline tracked over the last 12 months, the median sold price per square foot was $197, measured across 341 sales with usable living area. Median is used rather than average because outliers distort the mean.
How close should comparable sales come to each other in a narrow market?
Closer than they would elsewhere. When $240,000 and $355,000 sit near each other, matched comps normally converge, so a wide disagreement inside your set is a signal rather than noise. Neither half of that band is meaningfully wider than the other, so $309,900 divides it close to evenly. That makes the direction of a comp mismatch less important than its size, and both directions deserve the same scrutiny. Usually the explanation is condition, size or property type rather than timing.