Market Intelligence · TN / Chattanooga

Chattanooga, TN 37402 Housing Market

The typical home value in 37402 is $442,590, down 3.7% over the past year. The median list price stands at $314,900, with homes spending a median of 164 days on market as of September 2026.

Updated September 2026Median value$443K

The median home value in Chattanooga, TN 37402 is $443K as of September 2026, down 3.7% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 37402 range

$407K to $478K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-3.7% over 12 months

Sep 2025$460K

Low $443KHigh $460K

Sep 2026$443K

The numbers

What is the 37402 housing market like?

As of September 2026

Typical home value

$443K

3.7%YoY

Median list price

$315K

3.1%MoM

Days on market

164

20.6%MoM

Homes for sale

3.3%MoM

Price cuts

4.8%

59.5%MoM

New listings

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

37402 housing market forecast 2027

+1.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 37402 to rise 1.3% by September 2027.

Over the 12 months through September 2026, typical home values in 37402 fell 3.7%, per the Zillow Home Value Index.

Will home prices drop in 37402?

Zillow's forecast does not call for a drop: it expects typical home values in 37402 to rise 1.3% by September 2027, after a 3.7% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 37402 home prices compare?

37402$442,590
Chattanooga$325,510
Tennessee$265,881
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Chattanooga: 15 ZIPs; Tennessee: 587 ZIPs; United States: 26,262 ZIPs).

Context

The 37402 ZIP has 31 homes for sale with only 8 new listings in September 2026. The median time on market of 164 days reflects a slower moving inventory. Just 4.8% of listings have seen a price cut, suggesting most sellers are holding firm on asking prices despite the year-over-year value decline. For sellers, the extended days on market signal patience will be needed to find the right buyer at current pricing.

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Home price

Down payment20% · $88,518

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Common questions

What people ask us.

What is the typical home value in 37402?

The typical home value is $442,590, down 3.7% over the past year as of September 2026.

How many homes are currently for sale in 37402?

There are 31 homes for sale as of September 2026, with 8 new listings that month.

How long do homes typically stay on the market in 37402?

The median days on market is 164 as of September 2026.

Discover

Nearby ZIP markets.

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