Winchester

Middle Tennessee • Local Guide

Winchester, TN Real Estate

Here's what to know if you're thinking about buying or selling a home in Winchester, from home prices and Tims Ford Lake to schools, taxes and things to do.

What People Love About Winchester

• Tims Ford Lake: One of the prettiest lakes in Tennessee, a short drive from the courthouse square.
• A classic small-town square: Locally owned restaurants and shops around the Franklin County Courthouse.
• Homes for every stage: Established neighborhoods, new construction and lake homes, all in one town.

Home Prices in Winchester

Over the past 12 months, 283 single-family homes sold in the Winchester ZIP code (37398), at a median price of $399,000. The typical home was about 1,970 square feet. Prices ranged from about $75,000 to $2.8 million. Winchester has a strong high-end market: 99 homes sold for $500,000 or more, and 21 sold for $1 million or more. (Realtracs MLS data through early November 2026, compiled by The Fraker Group.)

Tims Ford Lake Homes

Tims Ford Lake winds through Franklin and Moore Counties, and Tennessee State Parks calls it one of the most picturesque lakes in the state. Over the past 12 months, 29 lakefront homes sold in the Winchester ZIP code, at a median price of $1,225,000. The typical lakefront home was about 3,400 square feet on a little over half an acre. Lakefront neighborhoods with recent sales include Hopkins Point, Fanning Bend, Dripping Springs, Heatherwood and Cline Ridge. (Realtracs MLS data, compiled by The Fraker Group.)

Buying on the water comes with its own questions, like dock permits, shoreline rules and flood elevation, and we'll help you sort through them before you make an offer.

Winchester Neighborhoods

These figures are closed sales from the past 12 months, from Realtracs.

• Fanning Bend: Homes built since 2021, typically about 3,800 square feet. Median sale $1,362,500.
• Hopkins Point: Homes on half an acre to more than an acre, typically about 3,400 square feet. Median sale $1,250,000.
• Stone Field Heights: Homes built from 2018 to 2026, typically about 3,200 square feet on three-quarters of an acre. Median sale $700,000.
• Twin Creeks Village: The busiest neighborhood, with 24 sales. Homes built from 2018 to 2025, typically about 2,600 square feet. Median sale $627,000.
• Dripping Springs: Homes built from 1975 to 2007 on about half an acre. Median sale $615,000.
• Franklin Hills: Homes on two-thirds of an acre to almost 2 acres, typically about 2,800 square feet. Median sale $548,705.
• Harmony Estates and Highlands: New construction built since 2023. Harmony Estates homes sit on an acre or more (median $450,000), and Highlands homes on smaller lots (median $441,000).

Land and Acreage in Winchester

Over the past 12 months, 72 land parcels sold in 37398. Most were homesites, with a median of about three-quarters of an acre and $95,000. Larger tracts sell too: nine were 5 acres or more, with a median of about 10 acres and $195,000. If you're buying land, we'll help you check the details that matter, like septic, water, road frontage and restrictions. Learn more in our guide, Buying Land in Middle Tennessee.

Property Taxes in Winchester

For 2025, homes inside Winchester city limits pay a combined Franklin County and city rate of $2.571 per $100 of assessed value. Homes outside the city limits pay the Franklin County rate of $1.9953. Homes are taxed on 25% of their appraised value, so a $400,000 home pays about $2,570 a year inside the city and about $1,995 outside it. If you have a specific home in mind, reach out and we'll tell you what the property taxes were on that home last year.

Schools in Winchester

Winchester is served by Franklin County Schools, a countywide district. Schools that serve Winchester addresses include Broadview Elementary, Clark Memorial School, North Middle School and Franklin County High School. The district's graduation rate was 95.4% in 2025. You can see each school's results on the Tennessee Department of Education school report card. School zones can change, so we'll confirm the zoned schools for any home you're considering. The University of the South in Sewanee and Motlow State Community College are both nearby.

Things to Do in Winchester, TN

• Tims Ford State Park: 3,546 acres on the lake, with cabins, camping, a golf course, paved trails and a fishing pier.
• Boating and fishing: Marinas and boat ramps around Tims Ford Lake.
• The courthouse square: Restaurants, shops and ice cream in downtown Winchester.

Where to Eat in Winchester, TN

Here are a few local favorites. It isn't a complete list, just a good place to start.

• Filo's Tavern: A downtown favorite on the square, on 1st Avenue NE.
• Skip's Grill: Breakfast, big burgers and home cooking on David Crockett Highway.
• Jefferson's: Burgers and wings just off the square, on 1st Avenue NW.
• Italia's Orange Blossom Pizzeria: A new, family-run pizzeria on Lynchburg Road.
• Amigo's By The Dock: Mexican and American food right on Tims Ford Lake, with outdoor seating by the water.
• Southern Sugar Saloon: Ice cream, shakes and candy on the square.

Getting Around

• ZIP code: 37398
• County: Franklin County. Winchester is the county seat.
• Drive times: Tims Ford State Park about 17 minutes (12 miles), Sewanee about 21 minutes (13 miles), Tullahoma about 23 minutes (15 miles), Huntsville, Alabama about 1 hour (45 miles), Murfreesboro about 1 hour 5 minutes (56 miles), Chattanooga about 1 hour 10 minutes (70 miles), Nashville International Airport about 1 hour 30 minutes (86 miles), downtown Nashville about 1 hour 40 minutes (88 miles)

Realtors in Winchester, TN

We're Jason and Allison Fraker, a husband and wife team of Realtors, and we've helped clients buy and sell homes in Winchester and on Tims Ford Lake. This is home for us: Allison grew up in Sewanee and graduated from Franklin County High School, Jason graduated from nearby Huntland High School, and our family lives in Winchester. Whether you're looking for a lake home, a second home or a place close to the square, we'll help you find the right fit. Call or text us at (615) 456-8016, or email jason@thefrakergroup.com.

Winchester, TN FAQ

Is Winchester, TN a good place to live?

Many buyers like Winchester for Tims Ford Lake, its small-town courthouse square, and homes ranging from established neighborhoods to lake homes.

How much is a home in Winchester, TN?

The median sale price for a single-family home in Winchester (37398) was $399,000 over the past 12 months, based on Realtracs MLS data compiled by The Fraker Group.

Is Winchester, TN on Tims Ford Lake?

Yes. Tims Ford Lake runs along the west side of Winchester, and Tims Ford State Park is about 17 minutes from the courthouse square. Over the past 12 months, 29 lakefront homes sold in the Winchester ZIP code at a median price of $1,225,000.

What are property taxes in Winchester, TN?

For 2025, homes inside Winchester city limits pay a combined Franklin County and city rate of $2.571 per $100 of assessed value, and homes outside the city limits pay $1.9953. Homes are assessed at 25% of appraised value, so a $400,000 home pays about $2,570 a year inside the city and about $1,995 outside it.

What county is Winchester, TN in?

Winchester is in Franklin County, and it's the county seat.

What ZIP code is Winchester, TN?

Winchester's ZIP code is 37398.

What schools serve Winchester, TN?

Winchester is served by Franklin County Schools, including Broadview Elementary, Clark Memorial School, North Middle School and Franklin County High School. The district's graduation rate was 95.4% in 2025.

Who are Realtors in Winchester, TN?

Jason and Allison Fraker are a husband and wife team of Realtors who have helped clients buy and sell homes in Winchester and on Tims Ford Lake. Allison graduated from Franklin County High School, and their family lives in Winchester.