Why Live in Manchester
Manchester is a centrally-located neighborhood known for hosting the Bonnaroo Music Festival, which attracts tens of thousands of visitors each June for four days of rock, reggae, and Americana performances at Great Stage Park. The festival significantly boosts the local economy, filling motels and increasing sales at the Walmart Supercenter. For the rest of the year, Manchester maintains a small-town atmosphere with a population of around 10,000, where residents often know each other by name. Interstate 24 connects Manchester to Nashville, 65 miles away, and Chattanooga, 70 miles away, making it a convenient location for commuters. Housing options include modest midcentury homes and newer constructions on the city's outskirts, with prices ranging from $200,000 to $400,000. Shopping and dining are diverse, featuring century-old businesses downtown, big-box retailers, and a variety of restaurants along Hillsboro Boulevard. Attractions include the Coffee County Farmers Market, Common John Brewing Co., and local favorites like Jiffy Burger. Manchester offers outdoor recreation at Dave King Park, the Little Duck River Greenway, and the Old Stone Fort State Archaeological Park, which features hiking paths and kayaking trips. The neighborhood is safer than the national average, with crime rates dropping significantly in recent years. Manchester City Schools and Coffee County Central High School have high ratings, providing quality education for local students.
Home Trends in Manchester, TN
On average, homes in Manchester, TN sell after 53 days on the market compared to the national average of 50 days. The median sale price for homes in Manchester, TN over the last 12 months is $344,900, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$344,900
Median Single Family Sale Price
$349,900
Median 2 Bedroom Sale Price
$149,900
Average Price Per Sq Ft
$219
Number of Homes for Sale
142
Last 12 months Home Sales
403
Median List Price
$365,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
8%