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Manchester, TN 37355 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Manchester, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 5353PendingPending sales: 22
Manchester, TN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $342k$342kSoldMedian sold price (last 6 months): $339k$339k
What homes actually sell for in Manchester, TN
Distribution of 292 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $271k to $405k
$99k to $165k: 16 sales$99k$165k to $231k: 23 sales$231k to $298k: 44 sales$231k$298k to $364k: 86 sales86sales$364k to $430k: 48 sales$364k$430k to $496k: 21 sales$496k to $562k: 18 sales$496k$562k to $629k: 7 salesMedian $339k

What the numbers say

As of September 14, 2026, Resideline is tracking 53 active listings and 2 pending sales in ZIP code 37355. That pending-to-active ratio of 0.04 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $342,072, while the median of the 292 closed sales Resideline tracked over the last six months was $339,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 37355 for 56 days.

Frequently asked questions

What is the median home price in 37355?

The median closed sale price in Manchester, TN 37355 was $339,000 over the last six months, based on 292 closed sales tracked by Resideline. The middle half of those sales ranged from $271,250 to $405,000.

Is 37355 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 53 active listings in 37355, a pending-to-active ratio of 0.04. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 37355 currently looks like a balanced market.

Nearby ZIP code market data

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