Winchester, TN · Market Data

Winchester, Tennessee real estate market data.

Real estate market data for Winchester, TN (Franklin County) — Census median home value $209,300, county listing prices up about 5.4% over the past year.

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Winchester, TN is in Franklin County, Tennessee — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 9,600, with a median household income of $59,497. Census data puts Winchester's median home value at $209,300.

At a glance

Winchester market snapshot

Population

9,600

Median Household Income

$59,497

Median Home Value (city)

$209,300

Median Gross Rent

$893/mo

Price Trend (YoY)

+5.4%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Winchester

What makes Winchester different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Winchester's median home value — across all owner-occupied homes, not just recent sales — at $209,300.

County Price Trend

Franklin County's FHFA house price index shows a 5.4% annual change in 2025.

Population & Income

Winchester has an estimated population of 9,600 and a median household income of $59,497, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Winchester's Census-reported median home value works out to about 3.5x the area's median household income, and median gross rent runs roughly 18% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Winchester FAQ

What are home values like in Winchester, TN?

The Census Bureau's American Community Survey puts Winchester's median home value at $209,300.

What is the population of Winchester, TN?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Winchester's population at approximately 9,600.

What's the median rent in Winchester, TN?

The Census ACS estimates median gross rent in Winchester at approximately $893 per month.

What is the median household income in Winchester, TN?

Census ACS data puts the median household income in Winchester at approximately $59,497.

Is the Winchester housing market growing?

Franklin County's FHFA house price index shows a 5.4% annual change in 2025.

Is Winchester, TN affordable relative to income?

Census ACS data puts Winchester's median home value at about 3.5 times the median household income, with median gross rent equal to roughly 18% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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