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Chattanooga Market Report

$329,713

AVERAGE PRICE OF 1,164 HOMES

$1,681,574

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$387,925

AVERAGE PRICE OF 250 NEWLY BUILT HOMES

$517,562

AVERAGE PRICE OF 189 HOMES WITH A POOL

$306,659

AVERAGE PRICE OF 52 REDUCED PRICE HOMES

Average Home

Average Price $329,713
Avg Bedrooms 3.2 beds
Avg Bathrooms 2.63 baths

Average Price by Bedrooms

1 bedroom $204,873
2 bedrooms $232,376
3 bedrooms $263,693
4 bedrooms $420,143
5 bedrooms $628,021
Chattanooga Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 1,153 1,179 1,123 1,072 1,032
Average Price $336,420 $338,499 $328,377 $311,372 $305,289
Avg Price Change -0.62% +3.08% +5.46% +1.99% +31.89%
Median Price $264,408 $262,018 $253,896 $246,866 $241,401
Med Price Change +0.91% +3.20% +2.85% +2.26% +2.62%
Avg Bedrooms 3.17 beds 3.17 beds 3.18 beds 3.13 beds 3.1 beds
Avg Bathrooms 2.65 baths 2.64 baths 2.63 baths 2.54 baths 2.49 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Brainerd High 114 $166,435 93 days
East Hamilton 123 $331,297 75 days
East Ridge High 110 $233,604 71 days
Howard School Of Academics & Tech 214 $317,633 117 days
Red Bank High School 285 $433,932 96 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,164 $329,713 95 days
Multi-Million Dollar Homes 31 $1,681,574 260 days
Newly Built Homes 250 $387,925 121 days
Homes with a Pool 189 $517,562 110 days
Reduced Price Homes 52 $306,659 57 days
Keller Williams Greater Downtown Realty
The Mountain Girls
1830 Washington Street
Chattanooga, TN 37408
423-228-0229
423-664-1900
Angela Sherlin
Branch Manager
NMLS # 178862
GA# 31563
6148 Lee Highway Suite 101
Chattanooga, TN 37421
Branch NMLS# 1518270.
(423) 421-7900

© 2018 CMG Financial, All Rights Reserved. CMG Financial is a registered trade name of CMG Mortgage, Inc., NMLS# 1820 in most, but not all states. CMG Mortgage, Inc. is an equal opportunity lender, Georgia Residential Mortgage Licensee #15438. To verify our complete list of state licenses, please visit www.cmgfi.com/corporate/licensing and www.nmlsconsumeraccess.org.
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 20, 2019 Copyright © 2019