Market Intelligence · TN / Chattanooga

Chattanooga, TN 37405 Housing Market

The typical home in Chattanooga's 37405 ZIP code is worth $449,993, up 0.8% over the past year. The median list price stands at $447,500, with homes staying on the market for a median of 80 days as of September 2026.

Updated September 2026Median value$450K

The median home value in Chattanooga, TN 37405 is $450K as of September 2026, up 0.8% 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.

Sell without the wait

Sell your Chattanooga home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 37405 range

$414K to $486K

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 37405 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Chattanooga, TN.

12-month value trend

+0.8% over 12 months

Sep 2025$446K

Low $446KHigh $452K

Sep 2026$450K

The numbers

What is the 37405 housing market like?

As of September 2026

Typical home value

$450K

0.8%YoY

Median list price

$448K

0.6%MoM

Days on market

6.7%MoM

Homes for sale

166

1.2%MoM

Price cuts

23.7%

10.2%MoM

New listings

31.3%MoM

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

The outlook

37405 housing market forecast 2027

+1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 37405 to rise 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 37405 rose 0.8%, per the Zillow Home Value Index.

Will home prices drop in 37405?

Zillow's forecast does not call for a drop: it expects typical home values in 37405 to rise 1.4% by September 2027, after a 0.8% rise 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.

Free home value report

See what your 37405 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 37405 home prices compare?

37405$449,993
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

As of September 2026, there are 166 homes for sale in 37405, with 42 new listings entering the market. The median list price of $447,500 aligns closely with the typical home value of $449,993. However, 23.7% of listings have already seen a price cut, suggesting sellers are adjusting expectations as homes linger for 80 days on average. This combination points to a buyer-leaning market where negotiation is increasingly common.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $89,999

Term

Rate (%)

Common questions

What people ask us.

What is the typical home value in 37405?

The typical home value in Chattanooga's 37405 ZIP code is $449,993, which has risen 0.8% over the past year.

How long do homes stay on the market here?

As of September 2026, homes in 37405 have a median of 80 days on market.

How many homes are currently for sale?

There are 166 homes for sale in 37405 as of September 2026, with 42 new listings added recently.

Discover

Nearby ZIP markets.

Keep reading