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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

$454,650

AVERAGE PRICE OF 867 HOMES

$2,001,914

AVERAGE PRICE OF 48 MULTI-MILLION DOLLAR HOMES

$552,041

AVERAGE PRICE OF 259 NEWLY BUILT HOMES

$1,326,509

AVERAGE PRICE OF 32 HOMES WITH A POOL

$354,654

AVERAGE PRICE OF 55 REDUCED PRICE HOMES

Average Home

Average Price $454,650
Avg Bedrooms 3.27 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $261,757
2 bedrooms $271,630
3 bedrooms $343,394
4 bedrooms $432,252
5 bedrooms $843,676
Chattanooga Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 917 953 944 923 925
Average Price $461,845 $475,727 $480,577 $461,542 $464,062
Avg Price Change -3.01% -1.02% +4.12% -0.55% n/a
Median Price $345,896 $355,320 $357,892 $353,130 $355,598
Med Price Change -2.72% -0.72% +1.35% -0.70% n/a
Avg Bedrooms 3.19 beds 3.08 beds 3.13 beds 3.53 beds 3.35 beds
Avg Bathrooms 2.41 baths 2.6 baths 2.55 baths 2.77 baths 2.51 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Brainerd 8 $185,075 51 days
Brainerd High 92 $237,621 61 days
East Hamilton 108 $491,771 80 days
East Ridge 8 $258,462 67 days
East Ridge High 95 $330,025 50 days
Howard School Of Academics & Tech 156 $422,632 129 days
Red Bank 9 $427,544 97 days
Red Bank High School 160 $561,510 78 days
Tyner 7 $236,014 64 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 867 $454,650 62 days
Multi-Million Dollar Homes 48 $2,001,914 192 days
Newly Built Homes 259 $552,041 106 days
Homes with a Pool 32 $1,326,509 74 days
Reduced Price Homes 55 $354,654 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

Christopher Chad Stockburger,
NMLS# 1150437, GA# 43123
1813 Market St
Chattanooga, TN 37408
Branch NMLS# 1907121

© 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 December 8, 2022 Copyright © 2022

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 December 8, 2022 Copyright © 2022
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