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St. Elmo

CHATTANOOGA, TN 37409

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

Neighborhoods in ZIP 37409

St. Elmo

Market Analysis

Data as of February 2026. Source: Realtor.com.

The CHATTANOOGA, TN real estate market (37409) currently shows 28 active listings, with 8 pending sales. Homes are averaging 75 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 75 days on market compared to 79 days last year.

The median listing price has fallen 11.7% year-over-year, from $519,250 to $458,500.

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: 3,494  ·  Density: 305.5/mi²  ·  Median household income: $69,620

Typical home value: $227,470  ·  Homeownership: 62.4%

Market Overview

Active Listings
28
⇧ 21.7% vs 23 last year
Pending
8
29% pending ratio
Median Price
$458,500
⇩ 11.7% vs $519,250 last year
Average Price
$505,733
⇩ 7% vs $543,840 last year
Days on Market
75
⇩ 5.1% vs 79 days last year

Price Per Square Foot

Median $/sqft
$268
⇩ 10.7% vs $300/sqft last year
Median Home Size
1,840 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 28 this year vs 23 last year
  • Days on market: 75 now vs 79 last year

Median & Average Pricing

Year over Year
  • Median: $458,500 (-11.7% YoY)
  • Average: $505,733 (-7% 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 — 804 listings ($346,311,216 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37409Chattanooga, TN 374090.0 mi25$12,175,350$450,000$487,014
37410Chattanooga, TN 374101.8 mi16$4,416,416$272,000$276,026
37407Chattanooga, TN 374073.1 mi20$4,410,360$245,000$220,518
37403Chattanooga, TN 374034.3 mi30$18,747,450$389,400$624,915
30741Rossville, GA 307414.9 mi172$48,319,788$269,900$280,929
30750Lookout Mountain, GA 307505.1 mi17$11,076,520$431,450$651,560
30757Wildwood, GA 307576.5 mi4$2,713,200$320,000$678,300
37411Chattanooga, TN 374116.7 mi61$16,743,768$267,000$274,488
37406Chattanooga, TN 374067.5 mi75$20,824,500$274,950$277,660
37405Chattanooga, TN 374058.7 mi133$91,461,972$472,500$687,684
37340Guild, TN 3734010.7 mi12$17,316,000$1,400,000$1,443,000
30752Trenton, GA 3075212.2 mi43$18,770,188$350,000$436,516
30736Ringgold, GA 3073613.8 mi196$79,335,704$349,900$404,774

Frequently Asked Questions

How many homes are for sale in CHATTANOOGA, TN 37409?

As of February 2026, there are 28 active listings in CHATTANOOGA, TN (zip code 37409), compared to 23 the prior year.

What is the median home price in CHATTANOOGA, TN 37409?

The median listing price in CHATTANOOGA, TN 37409 is $458,500 as of February 2026, a 11.7% decrease from $519,250 the prior year.

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

Homes in CHATTANOOGA, TN 37409 spend an average of 75 days on the market before going under contract, compared to 79 days the prior year.

Is it a seller's or buyer's market in CHATTANOOGA, TN 37409?

Based on current inventory and days-on-market data as of February 2026, CHATTANOOGA, TN 37409 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 75 days on market compared to 79 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 37409 save an estimated $9,170 compared to a typical 5% commission on the median listing price of $458,500. 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.