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Downtown (Downtown Chattanooga) Martin Luther King (M. L. King) Westside

CHATTANOOGA, TN 37402

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 37402

Downtown (Downtown Chattanooga) · Martin Luther King (M. L. King) · Westside

Market Analysis

Data as of March 2026. Source: Realtor.com.

The CHATTANOOGA, TN real estate market (37402) currently shows 40 active listings, with 7 pending sales. Homes are averaging 103 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 103 days on market compared to 51 days last year.

The median listing price has fallen 2.6% year-over-year, from $392,500 to $382,250.

Whether you are buying or selling in CHATTANOOGA, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,167  ·  Density: 1,251.3/mi²  ·  Median household income: $30,178

Typical home value: $416,633  ·  Homeownership: 4.8%

Market Overview

Active Listings
40
⇧ 33.3% vs 30 last year
Pending
7
18% pending ratio
Median Price
$382,250
⇩ 2.6% vs $392,500 last year
Average Price
$489,752
⇩ 1.8% vs $498,672 last year
Days on Market
103
⇧ 102% vs 51 days last year

Price Per Square Foot

Median $/sqft
$513
⇩ 3.8% vs $533/sqft last year
Median Home Size
749 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 40 this year vs 30 last year
  • Days on market: 103 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $382,250 (-2.6% YoY)
  • Average: $489,752 (-1.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.5 miles — 957 listings ($406,347,029 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37402Chattanooga, TN 374020.0 mi19$9,900,349$414,900$521,071
37403Chattanooga, TN 374031.2 mi37$21,308,115$386,850$575,895
37410Chattanooga, TN 374103.1 mi21$6,490,344$325,000$309,064
37409Chattanooga, TN 374093.6 mi28$14,160,524$458,500$505,733
37406Chattanooga, TN 374064.3 mi80$21,771,040$272,450$272,138
37411Chattanooga, TN 374115.0 mi83$22,210,551$266,950$267,597
37415Chattanooga, TN 374155.9 mi98$44,205,056$396,950$451,072
30741Rossville, GA 307416.8 mi197$55,614,479$268,917$282,307
30750Lookout Mountain, GA 307508.6 mi18$11,859,066$427,950$658,837
30725Flintstone, GA 307258.7 mi15$5,459,685$354,675$363,979
37416Chattanooga, TN 374169.6 mi76$36,276,320$417,475$477,320
37343Hixson, TN 3734310.4 mi214$96,836,498$418,958$452,507
37377Signal Mountain, TN 3737711.5 mi71$60,255,002$748,000$848,662

Frequently Asked Questions

How many homes are for sale in CHATTANOOGA, TN 37402?

As of March 2026, there are 40 active listings in CHATTANOOGA, TN (zip code 37402), compared to 30 the prior year.

What is the median home price in CHATTANOOGA, TN 37402?

The median listing price in CHATTANOOGA, TN 37402 is $382,250 as of March 2026, a 2.6% decrease from $392,500 the prior year.

How long do homes stay on the market in CHATTANOOGA, TN?

Homes in CHATTANOOGA, TN 37402 spend an average of 103 days on the market before going under contract, compared to 51 days the prior year.

Is it a seller's or buyer's market in CHATTANOOGA, TN 37402?

Based on current inventory and days-on-market data as of March 2026, CHATTANOOGA, TN 37402 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 103 days on market compared to 51 days last year.

How much can I save on real estate commission in CHATTANOOGA, TN?

With SELL123.com's maximum 3% commission, sellers in CHATTANOOGA, TN 37402 save an estimated $7,645 compared to a typical 5% commission on the median listing price of $382,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.