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Alton Park Cedar Hill Clifton Hills East Lake Milbro Heights Oak Grove Oakhurst

CHATTANOOGA, TN 37407

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

Neighborhoods in ZIP 37407

Alton Park · Cedar Hill · Clifton Hills · East Lake · Milbro Heights · Oak Grove · Oakhurst

Market Analysis

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

The CHATTANOOGA, TN real estate market (37407) currently shows 30 active listings, with 11 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 47 days on market compared to 23 days last year.

The median listing price has risen 20.2% year-over-year, from $205,450 to $246,975.

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: 9,827  ·  Density: 1,116.1/mi²  ·  Median household income: $32,255

Typical home value: $112,466  ·  Homeownership: 38.0%

Market Overview

Active Listings
30
⇧ 20% vs 25 last year
Pending
11
37% pending ratio
Median Price
$246,975
⇧ 20.2% vs $205,450 last year
Average Price
$236,149
⇧ 18.4% vs $199,453 last year
Days on Market
47
⇧ 104.3% vs 23 days last year

Price Per Square Foot

Median $/sqft
$176
⇧ 1.1% vs $174/sqft last year
Median Home Size
1,289 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 30 this year vs 25 last year
  • Days on market: 47 now vs 23 last year

Median & Average Pricing

Year over Year
  • Median: $246,975 (+20.2% YoY)
  • Average: $236,149 (+18.4% 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 — 894 listings ($407,491,342 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37407Chattanooga, TN 374070.0 mi25$5,621,450$241,250$224,858
37404Chattanooga, TN 374042.0 mi98$40,632,956$341,175$414,622
37409Chattanooga, TN 374093.1 mi28$14,160,524$458,500$505,733
37402Chattanooga, TN 374023.4 mi19$9,900,349$414,900$521,071
37412Chattanooga, TN 374123.5 mi118$37,653,682$317,500$319,099
37411Chattanooga, TN 374113.8 mi83$22,210,551$266,950$267,597
37406Chattanooga, TN 374065.5 mi80$21,771,040$272,450$272,138
37351Lupton City, TN 373517.0 mi2$1,069,800$534,900$534,900
37419Chattanooga, TN 374197.7 mi69$47,409,900$649,225$687,100
30726Graysville, GA 307268.7 mi2$470,000$235,000$235,000
30757Wildwood, GA 307579.1 mi4$2,825,328$319,995$706,332
37405Chattanooga, TN 3740510.3 mi152$106,929,264$491,250$703,482
37343Hixson, TN 3734312.4 mi214$96,836,498$418,958$452,507

Frequently Asked Questions

How many homes are for sale in CHATTANOOGA, TN 37407?

As of March 2026, there are 30 active listings in CHATTANOOGA, TN (zip code 37407), compared to 25 the prior year.

What is the median home price in CHATTANOOGA, TN 37407?

The median listing price in CHATTANOOGA, TN 37407 is $246,975 as of March 2026, a 20.2% increase from $205,450 the prior year.

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

Homes in CHATTANOOGA, TN 37407 spend an average of 47 days on the market before going under contract, compared to 23 days the prior year.

Is it a seller's or buyer's market in CHATTANOOGA, TN 37407?

Based on current inventory and days-on-market data as of March 2026, CHATTANOOGA, TN 37407 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 47 days on market compared to 23 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 37407 save an estimated $4,940 compared to a typical 5% commission on the median listing price of $246,975. 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.