The housing situation in 37410 Chattanooga, TN is much better than the US average. According to the recent data, the median value of housing in this area is $89,000, which is significantly lower than the US House Median Value of $338,100. Additionally, while the US has seen an appreciation of 8.27% in house values within the past year, this area has seen a much higher appreciation rate of 17.27%. This indicates that there is a high demand for housing in 37410 Chattanooga and that this demand is likely to continue into the foreseeable future.
The median home cost in Chattanooga (zip 37410) is $89,000. Home appreciation the last 10 years has been 118.1%. Home Appreciation in Chattanooga (zip 37410) is up 20.0%.
Average Age of Homes
- The median age of Chattanooga (zip 37410) real estate is 48 years old
The Rental Market in Chattanooga (zip 37410)
- Renters make up 59.5% of the Chattanooga (zip 37410) population
- 3.8% of houses and apartments in Chattanooga (zip 37410), 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.