SIALIMStatistical Intelligence for America's Local Investment Markets

37398 — Winchester, TN Home Values

Typical home value $362,833 as of August 2026 · 3rd of 15 in Tullahoma-Manchester, TN

Typical value — August 2026
$362,833
observed, not a forecast
Past 12 months
+1.8%
trailing year-over-year change
Past 5 years
+30.1%
August 2021 to August 2026
Rank in metro
3rd
of 15 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 37398, August 2021 to August 2026. This page shows observed data only; no forecast.

How 37398 compares in the Tullahoma-Manchester, TN area

ZIP code 37398 (Winchester, TN) has a typical home value of $362,833 as of August 2026, ranking 3rd of 15 ZIP codes tracked in the Tullahoma-Manchester, TN area, more expensive than about 87% of ZIP codes in the metro. Prices here have moved +1.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +30.1%, from $278,831 in August 2021 to $362,833 in August 2026. Against observed rent, the typical home here sells for 20.3× the annual rent ($1,488/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Tullahoma-Manchester, TN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Tullahoma.

Population and demographics

ZIP code 37398 has a population of 15,712, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 81.6% White, 7.4% Hispanic or Latino, 7% Black or African American, 3.4% two or more races, and 0.5% Asian.

Nearby public schools

SchoolAddressDistance
Clark Memorial School500 N Jefferson ST, Winchester, TN1.5 mi
Franklin Co High School833 Bypass RD, Winchester, TN2.9 mi
Broadview Elementary4980 Lynchburg RD, Winchester, TN3.1 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 37398?

$362,833 as of August 2026, the latest month Zillow has published observed data for.

Is 37398 an expensive ZIP code in the Tullahoma-Manchester, TN area?

37398 ranks 3rd of 15 ZIP codes in the Tullahoma-Manchester, TN area by typical home value, more expensive than about 87% of ZIP codes in the metro.

How much have home values in 37398 changed over the past year?

+1.8% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 37398?

The typical home price is 20.3× the observed annual rent in this ZIP code ($1,488/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 37398?

15,712, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 37398?

Clark Memorial School (1.5 mi), Franklin Co High School (2.9 mi), Broadview Elementary (3.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 37398?

No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Tullahoma-Manchester, TN forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.