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Chattanooga Market Report

$464,860

AVERAGE PRICE OF 889 HOMES

$233,725

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,053,994

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$509,531

AVERAGE PRICE OF 268 NEWLY BUILT HOMES

$1,016,697

AVERAGE PRICE OF 35 HOMES WITH A POOL

$407,475

AVERAGE PRICE OF 64 REDUCED PRICE HOMES

Average Home

Average Price $464,860
Avg Bedrooms 3.02 beds
Avg Bathrooms 2.58 baths

Average Price by Bedrooms

1 bedroom $323,438
2 bedrooms $329,013
3 bedrooms $417,669
4 bedrooms $516,588
5 bedrooms $923,807
Chattanooga Home Price Trends
  9/2023 8/2023 7/2023 6/2023 5/2023
Total Listings 877 877 826 837 840
Average Price $465,633 $473,163 $468,997 $469,765 $473,946
Avg Price Change -1.62% +0.89% -0.16% -0.89% +0.99%
Median Price $365,813 $372,027 $369,255 $375,190 $372,241
Med Price Change -1.70% +0.75% -1.61% +0.79% +3.60%
Avg Bedrooms 3.02 beds 3.02 beds 3 beds 3.02 beds 3.03 beds
Avg Bathrooms 2.58 baths 2.6 baths 2.59 baths 2.6 baths 2.59 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Brainerd High 109 $255,561 55 days
East Hamilton 79 $472,298 75 days
East Ridge High 95 $308,496 62 days
Howard School Of Academics & Tech 211 $440,791 121 days
Red Bank High School 192 $603,224 66 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 889 $464,860 84 days
Distressed Homes 4 $233,725 48 days
Multi-Million Dollar Homes 43 $2,053,994 158 days
Newly Built Homes 268 $509,531 128 days
Homes with a Pool 35 $1,016,697 72 days
Reduced Price Homes 64 $407,475 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 October 4, 2023 Copyright © 2023

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