Housing in 37419 Chattanooga, TN is an attractive investment opportunity as the median value of homes is much lower than the US median value, at $264,500 versus $338,100. Moreover, the one year appreciation rate for housing in this area of Chattanooga is 17.27%, significantly higher than the US median at 8.27%. This makes investing in housing in 37419 Chattanooga a potentially lucrative opportunity, with strong potential for returns on investments.
The median home cost in Chattanooga (zip 37419) is $264,500. Home appreciation the last 10 years has been 118.1%. Home Appreciation in Chattanooga (zip 37419) is up 20.0%.
Average Age of Homes
- The median age of Chattanooga (zip 37419) real estate is 36 years old
The Rental Market in Chattanooga (zip 37419)
- Renters make up 21.9% of the Chattanooga (zip 37419) population
- 2.0% of houses and apartments in Chattanooga (zip 37419), 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.