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CHATTANOOGA, TN 37406

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

Neighborhoods in ZIP 37406

Avondale · Battery Heights · Bushtown · East Chattanooga · Eastdale · Forest Hills · Foxwood Heights · Glenwood · North Brainerd · North Tower Forest

Market Analysis

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

The CHATTANOOGA, TN real estate market (37406) currently shows 82 active listings, with 18 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 44 days on market compared to 41 days last year.

The median listing price has risen 16.3% year-over-year, from $225,000 to $261,725.

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: 12,986  ·  Density: 413.2/mi²  ·  Median household income: $39,031

Typical home value: $139,667  ·  Homeownership: 49.0%

Market Overview

Active Listings
82
⇧ 10.8% vs 74 last year
Pending
18
22% pending ratio
Median Price
$261,725
⇧ 16.3% vs $225,000 last year
Average Price
$263,285
⇧ 16.6% vs $225,861 last year
Days on Market
44
⇧ 7.3% vs 41 days last year

Price Per Square Foot

Median $/sqft
$192
⇧ 9.7% vs $175/sqft last year
Median Home Size
1,328 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 82 this year vs 74 last year
  • Days on market: 44 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $261,725 (+16.3% YoY)
  • Average: $263,285 (+16.6% 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 12.4 miles — 1,090 listings ($534,078,254 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37406Chattanooga, TN 374060.0 mi80$21,771,040$272,450$272,138
37403Chattanooga, TN 374033.3 mi37$21,308,115$386,850$575,895
37404Chattanooga, TN 374043.4 mi98$40,632,956$341,175$414,622
37402Chattanooga, TN 374024.3 mi19$9,900,349$414,900$521,071
37416Chattanooga, TN 374165.3 mi76$36,276,320$417,475$477,320
37407Chattanooga, TN 374075.5 mi25$5,621,450$241,250$224,858
37410Chattanooga, TN 374106.2 mi21$6,490,344$325,000$309,064
37409Chattanooga, TN 374097.5 mi28$14,160,524$458,500$505,733
30741Rossville, GA 307418.6 mi197$55,614,479$268,917$282,307
30742Fort Oglethorpe, GA 307429.5 mi31$12,716,293$321,500$410,203
37419Chattanooga, TN 3741910.0 mi69$47,409,900$649,225$687,100
37363Ooltewah, TN 3736311.2 mi391$250,317,418$489,950$640,198
30750Lookout Mountain, GA 3075012.4 mi18$11,859,066$427,950$658,837

Frequently Asked Questions

How many homes are for sale in CHATTANOOGA, TN 37406?

As of March 2026, there are 82 active listings in CHATTANOOGA, TN (zip code 37406), compared to 74 the prior year.

What is the median home price in CHATTANOOGA, TN 37406?

The median listing price in CHATTANOOGA, TN 37406 is $261,725 as of March 2026, a 16.3% increase from $225,000 the prior year.

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

Homes in CHATTANOOGA, TN 37406 spend an average of 44 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in CHATTANOOGA, TN 37406?

Based on current inventory and days-on-market data as of March 2026, CHATTANOOGA, TN 37406 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 44 days on market compared to 41 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 37406 save an estimated $5,235 compared to a typical 5% commission on the median listing price of $261,725. 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.