Markets/Tennessee/Tullahoma-Manchester

Tullahoma-Manchester, TN Real Estate Market 2026

Investor-grade market analytics for Tullahoma-Manchester, Tennessee. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$318,134

+3.1% year-over-year

Est. Rental Yield

5.6%

gross annual

12-Month Forecast

+3.1%

base case (Zillow ZHVF)

+3.1% year-over-year

Climate Risk

20/100

Very Low

Market Momentum

➡️
Neutral
4.4mo supply · Score -1/7

Net migration: Top 20% nationally

Income Migration

➡️ Neutral0.98x

In-migrants avg $55,532 AGI vs out-migrants $56,766

Tullahoma-Manchester Market Summary

Tullahoma-Manchester, TN shows steady growth at 3.1% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability is moderately stretched with a price-to-income ratio of 5.19x, above the national average of 4.8x. Modest net positive migration (+213 returns/year) provides steady demand support. Climate risk remains low (20/100), favorable for long-term investment stability. Rental yield of 5.6% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score69/100
Price-to-Income Ratio5.2x (national avg 4.8x)
Median Household Income$61,256

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.5%
Base Case+3.1%
Bull Case+4.6%

Climate & Natural Hazard Risk

Tullahoma-Manchester, TN's primary climate exposure is tornadoes (42/100). The composite climate risk score of 20/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Tullahoma-Manchester dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.