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Chattanooga Market Report

$466,334

AVERAGE PRICE OF 950 HOMES

$197,166

AVERAGE PRICE OF 9 DISTRESSED HOMES

$2,048,172

AVERAGE PRICE OF 46 MULTI-MILLION DOLLAR HOMES

$494,815

AVERAGE PRICE OF 268 NEWLY BUILT HOMES

$919,869

AVERAGE PRICE OF 49 HOMES WITH A POOL

$424,378

AVERAGE PRICE OF 50 REDUCED PRICE HOMES

Average Home

Average Price $466,334
Avg Bedrooms 2.99 beds
Avg Bathrooms 2.52 baths

Average Price by Bedrooms

1 bedroom $358,372
2 bedrooms $313,055
3 bedrooms $404,434
4 bedrooms $578,064
5 bedrooms $927,747
Chattanooga Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 813 858 920 911 877
Average Price $456,372 $465,358 $462,357 $466,410 $465,633
Avg Price Change -1.97% +0.65% -0.88% +0.17% -1.62%
Median Price $360,750 $367,125 $366,851 $365,155 $365,813
Med Price Change -1.77% +0.07% +0.46% -0.18% -1.70%
Avg Bedrooms 3.02 beds 3.04 beds 3.02 beds 3.03 beds 3.02 beds
Avg Bathrooms 2.52 baths 2.52 baths 2.54 baths 2.57 baths 2.58 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Howard School Of Academics & Tech 227 $411,391 93 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 950 $466,334 82 days
Distressed Homes 9 $197,166 66 days
Multi-Million Dollar Homes 46 $2,048,172 124 days
Newly Built Homes 268 $494,815 104 days
Homes with a Pool 49 $919,869 74 days
Reduced Price Homes 50 $424,378 48 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 February 23, 2024 Copyright © 2024

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