Why Live in Winchester
Winchester, TN, a small city of approximately 10,000 residents, is situated on the eastern shores of Tims Ford Lake. This growing community has seen increased development, particularly during the COVID-19 pandemic, as people sought the scenic beauty of the lake. The city features a walkable downtown district with locally owned eateries, shops, and the historic Franklin County Courthouse. Outdoor enthusiasts can enjoy fishing, boating, and hiking at Tims Ford State Park, located 11 miles northwest, or visit Winchester City Park, which includes an aquatic park, playground, and baseball diamonds. Twin Creeks Marina & Resort is a popular spot for launching boats and fishing. Winchester's housing market is diverse, ranging from mid-20th-century suburbs to waterfront properties with private docks, and new subdivisions. The median home price is around $397,000. The city hosts events like the High On Hog Barbeque Competition in April and the Lights Over the Lake fireworks show on the Fourth of July. Residents can catch movies at the historic Oldham Theatre. For day trips, Chattanooga is 63 miles east, and Huntsville is 45 miles southwest. The crime rate in Winchester has generally trended downward over the past nine years, with occasional increases. The Tennessee Valley Authority manages the Tims Ford Dam to prevent flooding, and snowfall is rare, typically occurring once a year.
Home Trends in Winchester, TN
On average, homes in Winchester, TN sell after 59 days on the market compared to the national average of 51 days. The median sale price for homes in Winchester, TN over the last 12 months is $388,750, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$388,750
Median Single Family Sale Price
$418,000
Median Townhouse Sale Price
$469,000
Median 2 Bedroom Sale Price
$344,950
Average Price Per Sq Ft
$223
Number of Homes for Sale
141
Last 12 months Home Sales
284
Median List Price
$449,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
6%