Market Intelligence · TN / Chattanooga

Chattanooga, TN 37404 Housing Market

The typical home value in Chattanooga 37404 is $252,767, down 1.2% over the past year. The median list price stands at $349,975, with homes staying on the market for a median of 54 days.

Updated September 2026Median value$253K

The median home value in Chattanooga, TN 37404 is $253K as of September 2026, down 1.2% 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 37404 range

$233K to $273K

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

-1.2% over 12 months

Sep 2025$256K

Low $253KHigh $263K

Sep 2026$253K

The numbers

What is the 37404 housing market like?

As of September 2026

Typical home value

$253K

1.2%YoY

Median list price

$350K

3.0%MoM

Days on market

25.6%MoM

Homes for sale

1.1%MoM

Price cuts

30.6%

42.4%MoM

New listings

44.4%MoM

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

The outlook

37404 housing market forecast 2027

+1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 37404 to rise 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 37404 fell 1.2%, per the Zillow Home Value Index.

Will home prices drop in 37404?

Zillow's forecast does not call for a drop: it expects typical home values in 37404 to rise 1.6% by September 2027, after a 1.2% 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 37404 home prices compare?

37404$252,767
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

There are 93 homes for sale in this ZIP code as of September 2026, with 20 new listings added recently. The median time on market of 54 days suggests moderate buyer interest, though nearly one-third of listings have seen price cuts. The decline in typical home value over the past year reflects softening conditions. If you're thinking about selling, the active list and new inventory mean competition is present, so pricing strategically will matter.

Monthly payment

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Home price

Down payment20% · $50,553

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Common questions

What people ask us.

What is the typical home value in 37404?

The typical home value in Chattanooga 37404 is $252,767, down 1.2% over the past year.

How many homes are for sale right now?

There are 93 homes for sale as of September 2026, with 20 new listings added recently.

How long do homes typically stay on the market?

The median days on market is 54, indicating homes are taking about two months to sell on average.

Discover

Nearby ZIP markets.

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