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Chattanooga Market Report

$306,160

AVERAGE PRICE OF 1,000 HOMES

$1,554,260

AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

$371,322

AVERAGE PRICE OF 218 NEWLY BUILT HOMES

$447,875

AVERAGE PRICE OF 196 HOMES WITH A POOL

$310,814

AVERAGE PRICE OF 50 REDUCED PRICE HOMES

Average Home

Average Price $306,160
Avg Bedrooms 3.09 beds
Avg Bathrooms 2.48 baths

Average Price by Bedrooms

1 bedroom $201,925
2 bedrooms $201,656
3 bedrooms $260,181
4 bedrooms $382,248
5 bedrooms $597,487
Chattanooga Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 1,040 1,087 1,095 1,082 1,077
Average Price $309,601 $313,928 $310,500 $313,262 $316,350
Avg Price Change -1.40% +1.10% -0.89% -0.99% -0.44%
Median Price $232,098 $234,381 $229,580 $229,776 $227,339
Med Price Change -0.98% +2.09% -0.09% +1.07% +0.80%
Avg Bedrooms 3.08 beds 3.11 beds 3.08 beds 3.08 beds 3.01 beds
Avg Bathrooms 2.46 baths 2.5 baths 2.49 baths 2.52 baths 2.5 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Brainerd High 110 $152,673 105 days
East Hamilton 86 $336,088 97 days
East Ridge High 103 $225,175 77 days
Howard School Of Academics & Tech 193 $270,477 130 days
Red Bank High School 233 $420,457 102 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,000 $306,160 103 days
Multi-Million Dollar Homes 30 $1,554,260 219 days
Newly Built Homes 218 $371,322 135 days
Homes with a Pool 196 $447,875 132 days
Reduced Price Homes 50 $310,814 96 days
Keller Williams Greater Downtown Realty
The Mountain Girls
202 Manufacturers Road
Chattanooga, TN 37405
423-228-0229
423-664-1350
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 January 19, 2019 Copyright © 2019

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