Why Live in Manchester
Manchester, Tennessee, is a centrally located city known for hosting the Bonnaroo Music Festival each June, attracting tens of thousands of visitors for four days of rock, reggae, and Americana at Great Stage Park. The festival significantly boosts the local economy, filling motels and bustling the Walmart Supercenter. For the rest of the year, Manchester maintains a close-knit community of around 10,000 residents, where locals often recognize each other by name. The city is conveniently connected via Interstate 24, with Nashville 65 miles away and Chattanooga 70 miles away, making it a popular midway point. Housing options in Manchester range from modest midcentury homes on compact lots to newer constructions on the city's outskirts, with prices below the national median. The city offers a mix of shopping and dining experiences, from century-old businesses downtown to big-box retailers and diverse restaurants along Hillsboro Boulevard. Attractions include the Old Stone Fort State Archaeological Park, the Little Duck River Greenway, and Cumberland Caverns, providing ample outdoor recreation opportunities. Manchester's crime rates have declined significantly over the past decade, making it safer than the national average. The Manchester City School District and Coffee County Central High School are highly rated, contributing to the city's appeal for families. The recent development of a 2,000-acre industrial mega-site and new housing projects indicate ongoing growth, supported by community services like local food pantries and organizations aiding women and children.
Home Trends in Manchester, TN
On average, homes in Manchester, TN sell after 76 days on the market compared to the national average of 70 days. The median sale price for homes in Manchester, TN over the last 12 months is $385,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$385,000
Median Single Family Sale Price
$375,900
Average Price Per Sq Ft
$230
Number of Homes for Sale
21
Last 12 months Home Sales
259
Median List Price
$399,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
8%