Zip 37409 (Chattanooga, TN) Housing

The housing market in 37409 Chattanooga, TN is healthier than the US average. The median house value in 37409 Chattanooga, TN is $306,900 according to recent estimates, while the US median house value is $338,100. Furthermore, the one-year appreciation rate of the housing market in 37409 Chattanooga is 17.27%, significantly higher than the US average of 8.27%. This data suggests that homebuyers should take advantage of this hot real estate market and consider investing in this area as soon as possible.

The median home cost in Chattanooga (zip 37409) is $306,900. Home appreciation the last 10 years has been 118.1%. Home Appreciation in Chattanooga (zip 37409) is up 20.0%.

Average Age of Homes

- The median age of Chattanooga (zip 37409) real estate is 78 years old

The Rental Market in Chattanooga (zip 37409)

- Renters make up 28.9% of the Chattanooga (zip 37409) population
- 3.8% of houses and apartments in Chattanooga (zip 37409), 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
	1,740.0	139,647,020.0
	79	42
	$306,900	$338,100
	20.0%	16.6%
	76.0%	57.0%
	118.1%	101.1%
	$6.06	$10.98
	$1,249	$2,690
	58.3%	57.4%
	11.8%	11.2%
	29.9%	31.4%
Vacant Housing
	3.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.6%	3.6%
	6.4%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	4.4%	2.4%
	1.8%	2.8%
	9.7%	3.9%
	3.3%	4.5%
	15.9%	11.3%
	11.2%	13.0%
	41.9%	20.1%
	8.2%	13.6%
	1.8%	8.3%
	0.7%	9.7%
	1.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.1%	13.6%
	2.1%	13.6%
	0.9%	13.6%
	3.4%	13.2%
	4.8%	14.8%
	0.9%	13.6%
	15.4%	10.0%
	13.6%	4.7%
	47.6%	12.2%

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