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All market snapshots / 37355

Manchester, TN 37355 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Manchester, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.16
ActiveActive listings: 4949PendingPending sales: 88
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): $340k$340kSoldMedian sold price (last 6 months): $330k$330k
What homes actually sell for in Manchester, TN
Distribution of 282 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $263k to $400k
$78k to $143k: 15 sales$78k$143k to $208k: 17 sales$208k to $274k: 31 sales$208k$274k to $339k: 68 sales$339k to $404k: 69 sales69sales$339k$404k to $469k: 27 sales$469k to $535k: 15 sales$469k$535k to $600k: 11 salesMedian $330k

What the numbers say

As of October 5, 2026, Resideline is tracking 49 active listings and 8 pending sales in ZIP code 37355. That pending-to-active ratio of 0.16 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $339,900, while the median of the 282 closed sales Resideline tracked over the last six months was $330,211. 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 76 days.

Frequently asked questions

What is the median home price in 37355?

The median closed sale price in Manchester, TN 37355 was $330,211 over the last six months, based on 282 closed sales tracked by Resideline. The middle half of those sales ranged from $263,000 to $400,000.

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

Resideline is currently tracking 8 pending sales against 49 active listings in 37355, a pending-to-active ratio of 0.16. 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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