Chattanooga - TN housing market

The typical home value ($326,041) is the Zillow Home Value Index for the Chattanooga - TN metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 0.2% over the past year. A home worth $326,694 last year is now worth roughly $326,041.

The median sale price, what homes actually close for, is $324,135. Homes are selling at 97.7% of list price, meaning buyers have room to negotiate.

Homes listed in Chattanooga - TN sit on the market for roughly 27 days before going pending. Shorter = seller's market; longer = buyer's market.

About 31.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 841 new listings hit the market each month in Chattanooga - TN. There are currently 3,122 homes for sale, up 21.7% from a year ago.

The typical monthly rent in Chattanooga - TN is $1,531, up 1.3% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 17.7x, toss-up (#84 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,676 a month in principal and interest, $145 more than renting before taxes, insurance and upkeep. The two break even at a 5.80% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →