Zip 37406 (Chattanooga, TN) Housing

In 37406 Chattanooga, TN the median value of housing is $130,100. This is significantly lower than the national median value of $338,100. However, the 1 year appreciation of Chattanooga's housing market has been much higher than the nation's at 17.27% compared to 8.27%. This indicates that the real estate market in 37406 Chattanooga is vibrant and growing rapidly. It's a great time to invest in this area as prices are still relatively low and will likely continue to appreciate over time.

The median home cost in Chattanooga (zip 37406) is $130,100. Home appreciation the last 10 years has been 118.1%. Home Appreciation in Chattanooga (zip 37406) is up 20.0%.

Average Age of Homes

- The median age of Chattanooga (zip 37406) real estate is 51 years old

The Rental Market in Chattanooga (zip 37406)

- Renters make up 41.0% of the Chattanooga (zip 37406) population
- 1.5% of houses and apartments in Chattanooga (zip 37406), 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
	6,058.0	139,647,020.0
	54	42
	$130,100	$338,100
	20.0%	16.6%
	76.0%	57.0%
	118.1%	101.1%
	$9.52	$10.98
	$1,286	$2,690
	41.8%	57.4%
	9.5%	11.2%
	48.7%	31.4%
Vacant Housing
	1.5%	1.9%
	0.3%	0.4%
	1.0%	0.7%
	0.3%	0.4%
	0.0%	3.6%
	6.4%	4.1%
Value of Owner-Occupied Housing
	2.2%	2.6%
	1.3%	2.4%
	7.0%	2.8%
	10.9%	3.9%
	10.4%	4.5%
	30.0%	11.3%
	25.5%	13.0%
	6.1%	20.1%
	3.0%	13.6%
	0.6%	8.3%
	2.8%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.8%	13.6%
	8.8%	13.6%
	6.3%	13.6%
	11.1%	13.2%
	14.3%	14.8%
	6.3%	13.6%
	16.7%	10.0%
	8.0%	4.7%
	10.3%	12.2%

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