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Manchester, TN
Full City Profile · Tennessee · Coffee County County
3.1
/5.0
B
Good
12,651
Population
825/sq mi density
$55,019
Median Income
$27,514 per capita
$215,700
Home Value
$320,918 Zillow
$897
Median Rent
26.5% income on rent
59°F
Avg Temperature
302 sunny days/yr
554
Violent Crime/100K
3,947 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$55,019 median income, 1.2% unemployment
A
Affordability
4.5 / 5.0
$215,700 home value, $897/mo rent
F
Safety
1.0 / 5.0
554 violent crimes/100K (46% above avg)
B
Education
3.1 / 5.0
25.7% bachelor's degree or higher
Housing Overview
Median Home Value
$215,700
23% below
US avg: $281,900
Median Rent
$897/mo
23% below
US avg: $1,163/mo
Homeownership Rate
54.9%
16% below US avg (65.4%)
Total Housing Units
4,816
Median year built: 1987
Home Value by Source
Census Median
$215,700
Zillow (ZHVI)
$320,918
Median Sale Price
$270,000
Median List Price
$354,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
54.9%
Owner-Occupied
45.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent:
$897/mo
· Zillow rent:
$1,647/mo
Market Indicators (Redfin)
Median Days on Market
125 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
19
Price Drops
23.5%
of listings with price reduction
Price Per Sq Ft
$206
Active Inventory
68
homes for sale
Affordability & Housing Stock
Rent Burden
26.5%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
54.9%
Complete Housing Data
Home Values
| Census Median Value | $215,700 |
| Zillow Home Value (ZHVI) | $320,918 |
| Median Sale Price | $270,000 |
| Median List Price | $354,900 |
| Price Per Sq Ft | $206 |
Rent
| Census Median Rent | $897 |
| Zillow Rent (ZORI) | $1,647 |
| FMR Studio | $882 |
| FMR 1-Bedroom | $924 |
| FMR 2-Bedroom | $1,118 |
| FMR 3-Bedroom | $1,445 |
| FMR 4-Bedroom | $1,644 |
Market
| Days on Market | 125 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 23.5% |
| Homes Sold | 19 |
| Active Inventory | 68 |
| Price Per Sq Ft | $206 |
Ownership & Stock
| Owner-Occupied | 54.9% |
| Renter-Occupied | 45.1% |
| Homeownership Rate | 54.9% |
| Total Housing Units | 4,816 |
| Median Year Built | 1987 |
| Rent Burden | 26.5% |