Fastest-Appreciating ZIP Codes in Tullahoma-Manchester, TN (2026)

Ranked by 5-year compound annual growth in home values. Fast growth and strong cash flow rarely appear in the same ZIP — this is the other side of that trade.

# ZIP City Home value Rent Cap rate 5-yr growth
1 37345 Huntland, TN $229,486 $1,044 3.55% 7.3%
2 37388 Tullahoma, TN $299,482 $1,533 3.99% 7.0%
3 37342 Hillsboro, TN $328,486 $837 1.99% 7.0%
4 37318 Cowan, TN $189,964 $837 3.44% 6.9%
5 37360 Normandy, TN $395,714 $837 1.65% 6.5%
6 37355 Manchester, TN $327,028 $1,516 3.62% 6.5%
7 37352 Lynchburg, TN $357,305 $837 1.83% 6.2%
8 37398 Winchester, TN $362,497 $1,263 2.72% 6.1%
9 37018 Beechgrove, TN $307,308 $1,188 3.02% 6.1%
10 37330 Estill Springs, TN $319,230 $1,017 2.48% 5.6%
11 37324 Decherd, TN $258,175 $864 2.61% 5.5%
12 37306 Winchester, TN $311,982 $936 2.34% 5.1%
13 37375 Sewanee, TN $420,054 $1,314 2.44% 4.8%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →