In 37403 Chattanooga, TN the median value of housing is $371,200, which is significantly higher than the US house median value of $338,100. Additionally, in the past year alone, the appreciation rate of houses in this area has increased by a staggering 17.27%, which is almost double the US 1-year house appreciation rate of 8.27%. With an ever increasing population and high demand for housing in this area, it's no wonder that housing values are on such a positive trajectory.
The median home cost in Chattanooga (zip 37403) is $371,200. Home appreciation the last 10 years has been 118.1%. Home Appreciation in Chattanooga (zip 37403) is up 20.0%.
Average Age of Homes
- The median age of Chattanooga (zip 37403) real estate is 45 years old
The Rental Market in Chattanooga (zip 37403)
- Renters make up 46.0% of the Chattanooga (zip 37403) population
- 6.1% of houses and apartments in Chattanooga (zip 37403), 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.