Chattanooga, TN Housing Market

Chattanooga, TN's median home value is $326K, up 3.3% over the past year. Homes here sell in a median 53 days. Its PropertyIQ Score of 19 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

PropertyIQ tracks the Chattanooga, TN housing market through two complementary lenses: price momentum from Zillow home-value trends over 3 and 12 months, and demand pressure from how quickly homes sell and how often sellers cut prices, drawn from Realtor.com. The PropertyIQ Score distills these into one number that predicts how this TN market is set to perform against its state benchmark.

Southeastern markets benefit from manufacturing investment, logistics infrastructure, and relative affordability compared to national averages. The region's population growth — driven by both domestic migration and natural increase — supports sustained housing demand across metro and suburban areas. Within the Southeast, Chattanooga, TN's PropertyIQ Score of 19 runs below the Southeast norm.

Tennessee's no-income-tax status and central location have fueled Nashville's rise as a corporate relocation destination, while Memphis and Knoxville offer more affordable alternatives with their own economic drivers.

The PropertyIQ Score for the Chattanooga, TN market is built from four inputs: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all metro markets nationally and calibrated so 50 equals the state average — a score above 50 means this market is positioned to outperform its state, and a score below 50 means it is set to lag.

Use PropertyIQ's interactive analytics to compare Chattanooga, TN against any other US metro on its PropertyIQ Score and underlying metrics. Generate a free AI market report, explore historical trends on the graphs page, or see how this market ranks on the scores dashboard.