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Chattanooga Market Report

$309,462

AVERAGE PRICE OF 1,109 HOMES

$1,505,460

AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

$399,310

AVERAGE PRICE OF 237 NEWLY BUILT HOMES

$454,633

AVERAGE PRICE OF 176 HOMES WITH A POOL

$302,337

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $309,462
Avg Bedrooms 3.14 beds
Avg Bathrooms 2.55 baths

Average Price by Bedrooms

1 bedroom $210,588
2 bedrooms $214,539
3 bedrooms $262,680
4 bedrooms $385,116
5 bedrooms $574,538
Chattanooga Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 1,032 985 1,040 1,087 1,095
Average Price $305,289 $231,471 $309,601 $313,928 $310,500
Avg Price Change +31.89% -33.75% -1.40% +1.10% -0.89%
Median Price $241,401 $235,249 $232,098 $234,381 $229,580
Med Price Change +2.62% +1.36% -0.98% +2.09% -0.09%
Avg Bedrooms 3.1 beds 3.1 beds 3.08 beds 3.11 beds 3.08 beds
Avg Bathrooms 2.49 baths 2.48 baths 2.46 baths 2.5 baths 2.49 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Brainerd High 124 $145,897 102 days
East Hamilton 99 $327,561 81 days
East Ridge High 112 $212,881 67 days
Howard School Of Academics & Tech 196 $310,134 110 days
Red Bank High School 277 $413,756 79 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,109 $309,462 90 days
Multi-Million Dollar Homes 30 $1,505,460 226 days
Newly Built Homes 237 $399,310 107 days
Homes with a Pool 176 $454,633 100 days
Reduced Price Homes 24 $302,337 90 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 March 23, 2019 Copyright © 2019

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