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

CHATTANOOGA, TN 37407

Real Estate Market Report
Balanced Market
February 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 February 2026. Source: Realtor.com.

The CHATTANOOGA, TN real estate market (37407) currently shows 25 active listings, with 6 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 33 days on market compared to 54 days last year.

The median listing price has risen 11.6% year-over-year, from $216,250 to $241,250.

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
25
⇧ 4.2% vs 24 last year
Pending
6
24% pending ratio
Median Price
$241,250
⇧ 11.6% vs $216,250 last year
Average Price
$224,858
⇧ 5.4% vs $213,436 last year
Days on Market
33
⇩ 38.9% vs 54 days last year

Price Per Square Foot

Median $/sqft
$177
⇧ 0.6% vs $176/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: 25 this year vs 24 last year
  • Days on market: 33 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $241,250 (+11.6% YoY)
  • Average: $224,858 (+5.4% 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 13.8 miles — 816 listings ($349,310,107 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37407Chattanooga, TN 374070.0 mi20$4,410,360$245,000$220,518
37404Chattanooga, TN 374042.0 mi88$39,898,144$349,900$453,388
37409Chattanooga, TN 374093.1 mi25$12,175,350$450,000$487,014
37402Chattanooga, TN 374023.4 mi17$10,405,241$422,450$612,073
37412Chattanooga, TN 374123.5 mi112$36,108,464$325,000$322,397
37411Chattanooga, TN 374113.8 mi61$16,743,768$267,000$274,488
37406Chattanooga, TN 374065.5 mi75$20,824,500$274,950$277,660
37351Lupton City, TN 373517.0 mi2$784,800$392,400$392,400
37419Chattanooga, TN 374197.7 mi56$42,213,136$669,900$753,806
37415Chattanooga, TN 374158.7 mi86$36,362,864$375,000$422,824
37416Chattanooga, TN 3741610.0 mi66$32,731,776$429,900$495,936
30736Ringgold, GA 3073611.2 mi196$79,335,704$349,900$404,774
37340Guild, TN 3734013.8 mi12$17,316,000$1,400,000$1,443,000

Frequently Asked Questions

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

As of February 2026, there are 25 active listings in CHATTANOOGA, TN (zip code 37407), compared to 24 the prior year.

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

The median listing price in CHATTANOOGA, TN 37407 is $241,250 as of February 2026, a 11.6% increase from $216,250 the prior year.

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

Homes in CHATTANOOGA, TN 37407 spend an average of 33 days on the market before going under contract, compared to 54 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 February 2026, CHATTANOOGA, TN 37407 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 33 days on market compared to 54 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 $4,825 compared to a typical 5% commission on the median listing price of $241,250. 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.