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Chattanooga Market Report

$494,547

AVERAGE PRICE OF 943 HOMES

$246,940

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,295,743

AVERAGE PRICE OF 47 MULTI-MILLION DOLLAR HOMES

$481,695

AVERAGE PRICE OF 262 NEWLY BUILT HOMES

$869,327

AVERAGE PRICE OF 46 HOMES WITH A POOL

$396,566

AVERAGE PRICE OF 43 REDUCED PRICE HOMES

Average Home

Average Price $494,547
Avg Bedrooms 3 beds
Avg Bathrooms 2.57 baths

Average Price by Bedrooms

1 bedroom $346,391
2 bedrooms $315,391
3 bedrooms $443,579
4 bedrooms $599,420
5 bedrooms $886,773
Chattanooga Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 950 936 916 813 858
Average Price $496,712 $474,576 $459,027 $456,372 $465,358
Avg Price Change +4.66% +3.39% +0.58% -1.97% +0.65%
Median Price $375,405 $376,651 $363,737 $360,750 $367,125
Med Price Change -0.33% +3.55% +0.83% -1.77% +0.07%
Avg Bedrooms 3 beds 3.01 beds 2.99 beds 3.02 beds 3.04 beds
Avg Bathrooms 2.52 baths 2.53 baths 2.51 baths 2.52 baths 2.52 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Howard School Of Academics & Tech 219 $425,215 104 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 943 $494,547 77 days
Distressed Homes 5 $246,940 80 days
Multi-Million Dollar Homes 47 $2,295,743 143 days
Newly Built Homes 262 $481,695 101 days
Homes with a Pool 46 $869,327 78 days
Reduced Price Homes 43 $396,566 44 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 May 29, 2024 Copyright © 2024

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