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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

$359,099

AVERAGE PRICE OF 891 HOMES

$1,860,017

AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

$409,427

AVERAGE PRICE OF 205 NEWLY BUILT HOMES

$619,158

AVERAGE PRICE OF 53 HOMES WITH A POOL

$313,716

AVERAGE PRICE OF 36 REDUCED PRICE HOMES

Average Home

Average Price $359,099
Avg Bedrooms 3.11 beds
Avg Bathrooms 2.63 baths

Average Price by Bedrooms

1 bedroom $226,772
2 bedrooms $269,252
3 bedrooms $307,579
4 bedrooms $423,930
5 bedrooms $630,441
Chattanooga Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 916 891 859 884 866
Average Price $353,212 $337,000 $336,586 $341,466 $341,542
Avg Price Change +4.81% +0.12% -1.45% -0.02% +0.61%
Median Price $276,338 $266,555 $268,900 $268,208 $260,820
Med Price Change +3.67% -0.88% +0.26% +2.83% +0.26%
Avg Bedrooms 3.13 beds 3.12 beds 3.14 beds 3.13 beds 3.13 beds
Avg Bathrooms 2.61 baths 2.58 baths 2.62 baths 2.62 baths 2.61 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Brainerd High 69 $172,072 74 days
East Hamilton 127 $338,024 62 days
East Ridge High 77 $262,341 62 days
Howard School Of Academics & Tech 148 $370,883 98 days
Red Bank High School 253 $456,195 107 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 891 $359,099 88 days
Multi-Million Dollar Homes 29 $1,860,017 158 days
Newly Built Homes 205 $409,427 134 days
Homes with a Pool 53 $619,158 83 days
Reduced Price Homes 36 $313,716 122 days

School Data

Highly Rated Chattanooga Schools

10

APISON ELEMENTARY SCHOOL
Elementary School
Public

9

BIG RIDGE ELEMENTARY SCHOOL
Elementary School
Public

10

THRASHER ELEMENTARY SCHOOL
Elementary School
Public

9

WESTVIEW ELEMENTARY SCHOOL
Elementary School
Public

8

EAST RIDGE MIDDLE SCHOOL
Middle School
Public

8

HUNTER MIDDLE SCHOOL
Middle School
Public

10
9
Keller Williams Realty | The Trammell Group
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

© 2018 CMG Financial, All Rights Reserved. CMG Financial is a registered trade name of CMG Mortgage, Inc., NMLS# 1820 in most, but not all states. CMG Mortgage, Inc. is an equal opportunity 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.
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 July 3, 2020 Copyright © 2020