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Chattanooga

Why you'd want to live in Chattanooga

Where do we start? Chattanooga offers breathtaking scenic views surrounding you everywhere you turn and is one of the fastest-growing metro areas in Tennessee. The colorfully named Chattanooga is a transportation and historic gateway to the Deep South. The 22-mile Tennessee River waterfront features several museums, parks, and a nationally noted aquarium. These improvements, the attractive mountain setting, favorable tax climate, and proximity of Atlanta services promise a stronger future. Chattanooga and the Tennessee Valley are located between the Cumberland Mountains to the west and the Appalachian Mountains to the east. Local topography is complex with a number of minor valleys and ridges rising as much as 500 feet in the city and 1,200 feet to the north and southwest. The climate is moderate characterized by cool winters and very warm summers. The topography causes weather variations within short distances. The Cumberland Mountains retard the flow of cold air from the north and west, moderating winter temperatures and precipitation. Winter weather is changeable with highly variable snowfall and occasional freezing rain. Spring and fall weather are particularly pleasant.

Chattanooga Market Report

$471,120

AVERAGE PRICE OF 1,023 HOMES

$459,539

AVERAGE PRICE OF 268 NEWLY BUILT HOMES

$147,449

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,979,306

AVERAGE PRICE OF 49 MULTI-MILLION DOLLAR HOMES

$584,671

AVERAGE PRICE OF 51 HOMES WITH A POOL

$468,036

AVERAGE PRICE OF 67 REDUCED PRICE HOMES

Average Home

Average Price $471,120
Avg Bedrooms 2.66 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $295,505
2 bedrooms $307,964
3 bedrooms $365,700
4 bedrooms $541,184
5 bedrooms $695,313
Chattanooga Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 1,016 1,019 1,012 995 885
Average Price $490,858 $491,436 $467,564 $452,466 $449,647
Avg Price Change -0.12% +5.11% +3.34% +0.63% -1.70%
Median Price $372,937 $372,033 $370,167 $357,966 $355,310
Med Price Change +0.24% +0.50% +3.41% +0.75% -1.94%
Avg Bedrooms 2.5 beds 2.63 beds 2.62 beds 2.66 beds 2.72 beds
Avg Bathrooms 2.22 baths 2.35 baths 2.3 baths 2.3 baths 2.33 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Howard School Of Academics & Tech 232 $422,168 101 days
Ooltewah 15 $343,349 134 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,023 $471,120 73 days
Newly Built Homes 268 $459,539 80 days
Distressed Homes 6 $147,449 120 days
Multi-Million Dollar Homes 49 $1,979,306 134 days
Homes with a Pool 51 $584,671 59 days
Reduced Price Homes 67 $468,036 81 days
Keller Williams Greater Downtown Realty
Wade Trammell
1830 Washington St.
Chattanooga, TN 37408
423-713-7800
423-664-1900
Kevin Currier,
NMLS# 1550600, GA# 54161
6148 Lee Highway, Suite 101
Chattanooga, TN 37421
Branch NMLS# 1518270

67dfe9b3-7732-4ba8-b242-2ef0fca7edbb.jpg

Christopher Chad Stockburger,
NMLS# 1150437, GA# 43123
1208 Pointe Centre Drive Suite 207,208,209,210,211,212
Chattanooga, TN 37421
Branch NMLS# 12007

© 2018 CMG Financial, All Rights Reserved. CMG Financial(tm) is a registered trade name of CMG Mortgage, Inc., NMLS# 1820 in most, but not all states. CMG Mortgage, Inc. is an equal housing lender, Georgia Residential Mortgage Licensee #15438. To verify our complete list of state licenses, please visit www.cmgfi.com/corporate/licensing and www.nmlsconsumeraccess.org.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
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 June 24, 2024 Copyright © 2024

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 June 24, 2024 Copyright © 2024
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