37404, Chattanooga, TN Housing Market

ZIP code 37404's median home value is $263K, up 5.5% over the past year. Homes here sell in a median 40 days. Its PropertyIQ Score of 18 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

PropertyIQ provides ZIP-code-level market intelligence for 37404, Chattanooga, TN — going deeper than metro or county averages to reveal neighborhood-specific demand dynamics. By tracking Zillow home-value momentum alongside Realtor.com market-flow signals — median days on market and the share of listings with price cuts — specifically within ZIP code 37404, PropertyIQ predicts which micro-markets within TN are positioned to outperform.

Southeastern ZIP codes combine affordability with economic diversification across manufacturing, logistics, and services sectors. ZIP-level PropertyIQ scores reveal which specific neighborhoods within this fast-growing region are positioned to outperform their state peers in home price appreciation. Within the Southeast, ZIP code 37404's PropertyIQ Score of 18 runs below the Southeast norm.

The PropertyIQ Score for 37404, Chattanooga, TN is built from four inputs measured at the ZIP-code level: 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 ZIP codes nationally and calibrated so 50 equals the state average, so a score above 50 points to a micro-market positioned to outperform its state.

Explore 37404, Chattanooga, TN's full market profile including ZIP-level score trends, home value data, and comparisons with neighboring ZIP codes. Use the interactive map to visualize demand signals across the area and identify hyperlocal investment opportunities.