Home prices
The median home in Manchester is valued at $129,700. Compared to nearby areas it is roughly $15,440 (13%) higher.In comparison to the entire nation it is about $87,800 (40%) lower, and in comparison to the city of Huntsville it is about $53,200 (29%) lower.
Rents
The median monthly rent in Manchester is $709. This is about $9 (1%) higher in comparison to the surrounding areas.Compared to the rest of the nation it is about $353 (33%) lower, and it is roughly $118 (14%) lower in comparison to the city of Huntsville.
Nearby places
Tullahoma
Tullahoma is Manchester's neighbor to the southwest. Housing prices there are a bit more expensive. Tullahoma's median home value is $146,500, which comes out to $16,800 (11%) higher than Manchester. The rent there is a bit more expensive. Tullahoma's median monthly rent is $758, which comes out to $49 (6%) higher than Manchester.
Hillsboro
Hillsboro is about 6 miles southeast from Manchester. Housing prices there are somewhat more expensive. Hillsboro's median home cost is $136,800, which works out to $7,100 (5%) higher than Manchester. The rent there is a lot less expensive. Hillsboro's median monthly rent is $477, which works out to $232 (48%) lower than Manchester.
Normandy
Normandy is roughly 8 miles west from Manchester. Real estate prices there are a lot less expensive. The median home in Normandy costs $85,000, which works out to $44,700 (52%) lower than Manchester. Rents there are a lot more expensive. The median monthly rent in Normandy is $1,125, which is $416 (36%) higher than Manchester.
Morrison
Morrison is roughly 13 miles northeast from Manchester. The housing prices there are a little less expensive. The median home in Morrison is valued at $98,300, which comes out to $31,400 (31%) lower than Manchester. The rent there is significantly less expensive. In Morrison the median monthly rent is $388, which works out to $321 (82%) lower than Manchester.
Wartrace
Wartrace is roughly 13 miles west from Manchester. The real estate prices there are a little less expensive. The median home in Wartrace costs $104,700, which comes out to $25,000 (23%) lower than Manchester. Rents there are somewhat more expensive. The median rent in Wartrace is $750 per month, which is $41 (5%) higher than Manchester.
