Chattanooga Market Report
$436,061
AVERAGE PRICE OF 1,427 HOMES$214,137
AVERAGE PRICE OF 8 DISTRESSED HOMES$1,861,044
AVERAGE PRICE OF 67 MULTI-MILLION DOLLAR HOMES$457,268
AVERAGE PRICE OF 328 NEWLY BUILT HOMES$589,392
AVERAGE PRICE OF 69 HOMES WITH A POOL$481,936
AVERAGE PRICE OF 81 REDUCED PRICE HOMESAverage Home
| Average Price | $436,061 |
| Avg Bedrooms | 2.59 beds |
| Avg Bathrooms | 2.12 baths |
Average Price by Bedrooms
| 1 bedroom | $267,995 |
| 2 bedrooms | $294,425 |
| 3 bedrooms | $379,285 |
| 4 bedrooms | $516,744 |
| 5 bedrooms | $658,304 |
Chattanooga Home Price Trends
| 9/2024 | 8/2024 | 7/2024 | 6/2024 | 5/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,412 | 93 | 83 | 72 | 73 |
| Average Price | $441,883 | $413,218 | $407,030 | $413,147 | $443,971 |
| Avg Price Change | +6.94% | +1.52% | -1.50% | -7.46% | +5.12% |
| Median Price | $347,236 | $315,275 | $308,839 | $323,587 | $323,733 |
| Med Price Change | +10.14% | +2.08% | -4.78% | -0.05% | -0.82% |
| Avg Bedrooms | 2.62 beds | 2.59 beds | 2.46 beds | 2.34 beds | 2.25 beds |
| Avg Bathrooms | 2.13 baths | 2.09 baths | 1.98 baths | 1.91 baths | 1.89 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Red Bank | 16 | $404,887 | 76 days |
| Red Bank High School | 317 | $528,836 | 28 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,427 | $436,061 | 59 days |
| Distressed Homes | 8 | $214,137 | 159 days |
| Multi-Million Dollar Homes | 67 | $1,861,044 | 78 days |
| Newly Built Homes | 328 | $457,268 | 38 days |
| Homes with a Pool | 69 | $589,392 | 33 days |
| Reduced Price Homes | 81 | $481,936 | 59 days |
