Market Intelligence · TN / Chattanooga

Chattanooga, TN 37404 Housing Market

The typical home value in Chattanooga, TN 37404 is $257,064 as of 2026-08-01, down 0.6% over the past year. The median list price is $339,900, and homes are spending a median of 43 days on the market.

Updated August 2026Median value$257K

The median home value in Chattanooga, TN 37404 is $257K as of August 2026, down 0.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 37404 range

$236K to $278K

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

-0.6% over 12 months

Typical home value in 37404 over the last 12 months: $259K in Aug 2025 to $257K in Aug 2026 (-0.6%).

Aug 2025$259K

Aug 2026$257K

The numbers

What is the 37404 housing market like?

Typical home value

$257K

Down0.6%YoY

Median list price

$340K

Up2.2%MoM

Days on market

43

Down24.6%MoM

Homes for sale

92

Up1.1%MoM

Price cuts

21.5%

Up7.1%MoM

New listings

36

Up12.5%MoM

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

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The comparison

How do 37404 home prices compare?

  • 37404$257,064
  • Chattanooga$330,752
  • Tennessee$270,768
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Chattanooga: 15 ZIPs; Tennessee: 587 ZIPs; United States: 26,265 ZIPs).

Context

There are 92 homes for sale in 37404 as of 2026-08-01, with 36 new listings added. The median list price of $339,900 sits well above the typical home value of $257,064, and values are down 0.6% over the past year. About 21.5% of listings have had a price cut, and homes are taking a median of 43 days to go under contract. That is not a distressed market, but it is not a fast one either. A seller here should price carefully from the start and expect some negotiation.

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