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Chattanooga

Why you'd want to live in Chattanooga

Chattanooga, the 4th largest city in the state, is located in Southeast Tennessee near the border of Georgia at the junction of four interstate highways. The city has received national recognition for the renaissance of its beautiful downtown and redevelopment of its riverfront. The city boasts the most productive affordable housing program in the nation, and is notable for leveraging development funds through effective public/private partnerships, with significant civic involvement on the part of private foundations. Chattanooga was one of the first US cities to effectively use a citizen visioning process to set specific long-range goals to enrich the lives of residents and visitors. via chattanooga.gov

Chattanooga Market Report

$488,000

AVERAGE PRICE OF 877 HOMES

$2,039,119

AVERAGE PRICE OF 59 MULTI-MILLION DOLLAR HOMES

$541,219

AVERAGE PRICE OF 253 NEWLY BUILT HOMES

$1,546,286

AVERAGE PRICE OF 37 HOMES WITH A POOL

$433,914

AVERAGE PRICE OF 51 REDUCED PRICE HOMES

Average Home

Average Price $488,000
Avg Bedrooms 3.12 beds
Avg Bathrooms 2.65 baths

Average Price by Bedrooms

1 bedroom $295,523
2 bedrooms $312,408
3 bedrooms $414,388
4 bedrooms $566,666
5 bedrooms $840,174
Chattanooga Home Price Trends
  9/2022 8/2022 7/2022 6/2022 5/2022
Total Listings 873 853 857 n/a n/a
Average Price $488,145 $467,134 $470,544 n/a n/a
Avg Price Change +4.50% -0.73% n/a n/a n/a
Median Price $362,130 $357,149 $359,000 n/a n/a
Med Price Change +1.39% -0.52% n/a n/a n/a
Avg Bedrooms 3.14 beds 3.15 beds 3.15 beds n/a n/a
Avg Bathrooms 2.66 baths 2.67 baths 2.67 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 75 $621,932 73 days
East Hamilton 127 $456,390 72 days
East Ridge High 111 $371,067 69 days
Howard School Of Academics & Tech 153 $440,980 115 days
Red Bank High School 189 $595,716 72 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 877 $488,000 79 days
Multi-Million Dollar Homes 59 $2,039,119 165 days
Newly Built Homes 253 $541,219 143 days
Homes with a Pool 37 $1,546,286 60 days
Reduced Price Homes 51 $433,914 42 days
Keller Williams Realty
Norma Whaley
7158 Lee Highway
Chattanooga, TN 37421
423-785-7605
423-664-1600

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
Last updated October 3, 2022 Copyright © 2022

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