Chattanooga Metro Area, TN Housing

The housing market in Chattanooga, TN Metro Area is thriving. The median value of a home is significantly lower than the US median at $257,900, making it more accessible to many people. What's even more impressive is the appreciation rate of 18.04%, which is significantly higher than the 8.27% national average. This shows that the housing market in Chattanooga is not only affordable, but also growing quickly and steadily. Clearly this metro area has much to offer those who are looking for a new home.

The median home cost in Chattanooga Metro Area is $257,900. Home appreciation the last 10 years has been 107.5%. Home Appreciation in Chattanooga Metro Area is up 21.2%.

Average Age of Homes

- The median age of Chattanooga Metro Area real estate is 38 years old

The Rental Market in Chattanooga Metro Area

- Renters make up 28.5% of the Chattanooga Metro Area population
- 1.6% of houses and apartments in Chattanooga Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Chattanooga, Tennessee	United States
	246,404.0	139,647,020.0
	40	42
	$257,900	$338,100
	21.2%	16.6%
	74.3%	57.0%
	107.5%	101.1%
	$7.86	$10.98
	$1,435	$2,690
	60.5%	57.4%
	9.8%	11.2%
	29.6%	31.4%
Vacant Housing
	1.6%	1.9%
	0.3%	0.4%
	0.8%	0.7%
	0.3%	0.4%
	1.4%	3.6%
	5.3%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	2.2%	2.4%
	3.6%	2.8%
	5.1%	3.9%
	6.3%	4.5%
	17.7%	11.3%
	18.5%	13.0%
	22.0%	20.1%
	10.2%	13.6%
	5.0%	8.3%
	4.5%	9.7%
	1.2%	3.9%
	0.8%	2.2%
	0.1%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	15.5%	13.6%
	15.5%	13.6%
	14.4%	13.6%
	12.7%	13.2%
	15.4%	14.8%
	14.4%	13.6%
	10.0%	10.0%
	4.9%	4.7%
	7.3%	12.2%

Reviews for Chattanooga

See all (0)

Write a Review

Start Your Review of Chattanooga

Commute