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Manchester Housing Market Report June 2025•Coffee County, Tennessee

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Housing Prices in Manchester, TN

How much do homes in Manchester, TN cost?

Housing Market Conditions

Is Manchester, TN a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Manchester is a Seller's Market

Difference Since June 2024

Since last year, Manchester has remained a Seller's Market.

Insight

Manchester is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$344,400$201/SqFt
+$24,450
+7.6%

Based on all homes sold in the last 12 months

Insight

Homes in Manchester have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Manchester was $344,400 in June 2025, up 7.6% from last year, and the median price per square foot was $201.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Hillsboro
+9.4%
Manchester
+7.6%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1--
N/A
2$189K$214K
+13.2%
3$319K$344.9K
+8.1%
4$354.9K$448.7K
+26.4%
5$360K$280K
-22.2%

Summary: Manchester housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +13.2%. The home price for 3 bedroom homes increased by +8.1%. The home price for 4 bedroom homes increased by +26.4%. The home price for 5 bedroom homes decreased by -22.2%.

How does Manchester, TN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Manchester, TN

Housing supply in Manchester, TN

How many homes are available in Manchester, TN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
189Last MonthJun 2025
1852 months agoMay 2025
+2.2 %
Change MoMMay – Jun

Summary: The Manchester real estate market had 189 homes for sale in Jun 2025, a 2.2 % increase compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
38Last MonthJun 2025
322 months agoMay 2025
+18.8 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
100
0.0%
2811
+37.5%
3147144
-2.0%
42931
+6.9%
513
+200.0%

Summary: Manchester housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +37.5%. The inventory for 3 bedroom homes decreased by -2.0%. The inventory for 4 bedroom homes increased by +6.9%. The inventory for 5 bedroom homes increased by +200.0%.

Asking Price vs. Sold Price

How much do homes in Manchester, TN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price9 Homes

At Asking Price10 Homes

Under Asking Price19 Homes

Insight

If you're buying a home in Manchester, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in Manchester in June 2025, up by 18.8% month-over-month. Of the 38 sold homes, 50% were sold under asking, 26% were sold at asking, and and 24% were sold over asking.

Days on Market for Manchester, TN

How long does it take to sell a home in Manchester, TN?

Breakdown of Home Sale Times

Under 30 Days20 Homes

30 – 90 Days9 Homes

Over 90 Days8 Homes

Insight

Many homes in Manchester are selling fast, if you're buying plan to act quickly.

Summary: During June 2025, 38 homes were sold in Manchester; 53% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
52 DaysThis YearJun 2025
39 Days1 year agoJun 2024
+35.4 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Manchester had an average listing age of 52 days in Jun 2025, up by 35.4% compared to the previous year.

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Newest Listings in Manchester, TN

What homes are available in Manchester, TN?

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Nearby markets

Popular Cities with Homes for Sale in Tennessee

MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS, for the period 07/01/2023 - 07/01/2025

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

IDX© 2025 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of date and time noted below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/5/2025, 6:33:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.