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CHATTANOOGA, TN 37405

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 37405

Downtown (Downtown Chattanooga) · Hill City (Northside) · Mountain Creek · Normal Park · North Chattanooga (North Chatt) · Northshore District (North Shore) · Riverview

Market Analysis

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

The CHATTANOOGA, TN real estate market (37405) currently shows 179 active listings, with 49 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.

Homes are selling faster, averaging 51 days on market compared to 58 days last year.

The median listing price has fallen 3.5% year-over-year, from $517,500 to $499,250.

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: 18,456  ·  Density: 131.2/mi²  ·  Median household income: $72,766

Typical home value: $367,749  ·  Homeownership: 47.0%

Market Overview

Active Listings
179
⇧ 13.3% vs 158 last year
Pending
49
27% pending ratio
Median Price
$499,250
⇩ 3.5% vs $517,500 last year
Average Price
$688,668
⇧ 3.3% vs $666,971 last year
Days on Market
51
⇩ 12.1% vs 58 days last year

Price Per Square Foot

Median $/sqft
$298
⇧ 1.4% vs $294/sqft last year
Median Home Size
1,614 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 179 this year vs 158 last year
  • Days on market: 51 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $499,250 (-3.5% YoY)
  • Average: $688,668 (+3.3% 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 14.0 miles — 1,046 listings ($534,511,525 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37405Chattanooga, TN 374050.0 mi152$106,929,264$491,250$703,482
37402Chattanooga, TN 374027.0 mi19$9,900,349$414,900$521,071
37377Signal Mountain, TN 373777.5 mi71$60,255,002$748,000$848,662
37408Chattanooga, TN 374088.0 mi77$38,395,049$475,000$498,637
37409Chattanooga, TN 374098.7 mi28$14,160,524$458,500$505,733
37397Whitwell, TN 373979.1 mi42$15,872,010$321,225$377,905
37406Chattanooga, TN 374069.5 mi80$21,771,040$272,450$272,138
37340Guild, TN 373409.8 mi11$16,325,837$1,400,000$1,484,167
37343Hixson, TN 3734311.6 mi214$96,836,498$418,958$452,507
30757Wildwood, GA 3075712.3 mi4$2,825,328$319,995$706,332
37347Jasper, TN 3734712.8 mi75$59,349,825$535,000$791,331
30741Rossville, GA 3074113.4 mi197$55,614,479$268,917$282,307
37416Chattanooga, TN 3741614.0 mi76$36,276,320$417,475$477,320

Frequently Asked Questions

How many homes are for sale in CHATTANOOGA, TN 37405?

As of March 2026, there are 179 active listings in CHATTANOOGA, TN (zip code 37405), compared to 158 the prior year.

What is the median home price in CHATTANOOGA, TN 37405?

The median listing price in CHATTANOOGA, TN 37405 is $499,250 as of March 2026, a 3.5% decrease from $517,500 the prior year.

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

Homes in CHATTANOOGA, TN 37405 spend an average of 51 days on the market before going under contract, compared to 58 days the prior year.

Is it a seller's or buyer's market in CHATTANOOGA, TN 37405?

Based on current inventory and days-on-market data as of March 2026, CHATTANOOGA, TN 37405 is currently a Balanced Market. Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice. Homes are selling faster, averaging 51 days on market compared to 58 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 37405 save an estimated $9,985 compared to a typical 5% commission on the median listing price of $499,250. 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.