If you need assistance, please call 423-713-7800

Chattanooga Market Report

$473,179

AVERAGE PRICE OF 851 HOMES

$150,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,923,909

AVERAGE PRICE OF 44 MULTI-MILLION DOLLAR HOMES

$530,128

AVERAGE PRICE OF 272 NEWLY BUILT HOMES

$977,497

AVERAGE PRICE OF 37 HOMES WITH A POOL

$411,169

AVERAGE PRICE OF 29 REDUCED PRICE HOMES

Average Home

Average Price $473,179
Avg Bedrooms 3.03 beds
Avg Bathrooms 2.6 baths

Average Price by Bedrooms

1 bedroom $322,087
2 bedrooms $328,651
3 bedrooms $433,407
4 bedrooms $543,735
5 bedrooms $807,460
Chattanooga Home Price Trends
  4/2023 3/2023 2/2023 1/2023 12/2022
Total Listings 792 764 794 766 803
Average Price $469,253 $459,880 $446,718 $459,328 $463,324
Avg Price Change +2.04% +2.95% -2.82% -0.87% -1.82%
Median Price $359,391 $350,697 $349,907 $351,690 $349,329
Med Price Change +2.48% +0.23% -0.51% +0.68% -0.47%
Avg Bedrooms 3.02 beds 3.01 beds 2.59 beds 2.96 beds 3.26 beds
Avg Bathrooms 2.28 baths 2.46 baths 1.82 baths 1.99 baths 2.15 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Brainerd High 96 $223,814 63 days
East Hamilton 95 $465,729 70 days
East Ridge High 72 $365,412 59 days
Howard School Of Academics & Tech 213 $446,100 99 days
Red Bank High School 185 $568,616 57 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 851 $473,179 76 days
Distressed Homes 1 $150,000 89 days
Multi-Million Dollar Homes 44 $1,923,909 189 days
Newly Built Homes 272 $530,128 114 days
Homes with a Pool 37 $977,497 60 days
Reduced Price Homes 29 $411,169 51 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

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

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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 May 29, 2023 Copyright © 2023

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