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Chattanooga

Why you'd want to live in Chattanooga

Chattanooga, the 4th largest city in the state, is located in Southeast Tennessee near the border of Georgia at the junction of four interstate highways. The city has received national recognition for the renaissance of its beautiful downtown and redevelopment of its riverfront. The city boasts the most productive affordable housing program in the nation, and is notable for leveraging development funds through effective public/private partnerships, with significant civic involvement on the part of private foundations. Chattanooga was one of the first US cities to effectively use a citizen visioning process to set specific long-range goals to enrich the lives of residents and visitors. The Chattanooga Convention and Trade Center is solidly booked by groups who return to the city year after year for a good time and a great facility that has recently been expanded. Public entities and private citizens worked together to build the 20,000 seat Max Finley Stadium completed in 1998. The city and county have developed an extensive greenway system which includes 5 miles of constructed riverwalk beginning downtown and meandering through the historic art district and several parks. The city supports a downtown shuttle fleet of zero-emission electric buses - manufactured here in Chattanooga - for commuters and visitors wishing to park-and-ride. looking at lookout Attractions such as the Tennessee Aquarium, Lookout Mountain, Civil War battlefield sites, the African American Museum, and the Appalachian Trail bring thousands of people to the area, as do events like the Riverbend Festival, Bessie Smith Strut, Fall Color Cruise, the Creative Discovery Museum for children, and the Southern Writers Conference. Chattanooga is the home of NCAA Division I-AA national football championships and hosts the national softball championships every year. via chattanooga.gov

Chattanooga Market Report

$488,777

AVERAGE PRICE OF 951 HOMES

$119,725

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,025,000

AVERAGE PRICE OF 51 MULTI-MILLION DOLLAR HOMES

$481,126

AVERAGE PRICE OF 238 NEWLY BUILT HOMES

$639,492

AVERAGE PRICE OF 50 HOMES WITH A POOL

$453,998

AVERAGE PRICE OF 78 REDUCED PRICE HOMES

Average Home

Average Price $488,777
Avg Bedrooms 3.01 beds
Avg Bathrooms 2.52 baths

Average Price by Bedrooms

1 bedroom $338,785
2 bedrooms $308,138
3 bedrooms $462,135
4 bedrooms $611,657
5 bedrooms $884,540
Chattanooga Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 933 941 950 936 916
Average Price $478,963 $494,979 $496,712 $474,576 $459,027
Avg Price Change -3.34% -0.35% +4.66% +3.39% +0.58%
Median Price $377,237 $376,996 $375,405 $376,651 $363,737
Med Price Change +0.06% +0.42% -0.33% +3.55% +0.83%
Avg Bedrooms 3.01 beds 3.01 beds 3 beds 3.01 beds 2.99 beds
Avg Bathrooms 2.56 baths 2.56 baths 2.52 baths 2.53 baths 2.51 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Red Bank High School 235 $618,511 62 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 951 $488,777 76 days
Distressed Homes 4 $119,725 22 days
Multi-Million Dollar Homes 51 $2,025,000 116 days
Newly Built Homes 238 $481,126 98 days
Homes with a Pool 50 $639,492 59 days
Reduced Price Homes 78 $453,998 62 days
Mavis Threat | Crye-Leike Realtors
5870 Hwy 153
Hixson, TN 37343
423-521-2442

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
Last updated July 18, 2024 Copyright © 2024

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