Home ValuePros

Market Intelligence · TN / Chattanooga

Chattanooga, TN 37406 Housing Market

In Chattanooga's 37406 ZIP, the typical home value is $183,829, down 1.1% over the past year as of 2026-08-01. The median list price sits at $249,950, and homes are spending a median of 66 days on the market.

Updated August 2026Median value$184K

The median home value in Chattanooga, TN 37406 is $184K as of August 2026, down 1.1% 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 37406 range

$169K to $199K

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

-1.1% over 12 months

Typical home value in 37406 over the last 12 months: $186K in Aug 2025 to $184K in Aug 2026 (-1.1%).

Aug 2025$186K

Aug 2026$184K

The numbers

What is the 37406 housing market like?

Typical home value

$184K

Down1.1%YoY

Median list price

$250K

Down2.0%MoM

Days on market

66

Up3.1%MoM

Homes for sale

68

Up15.3%MoM

Price cuts

28.9%

Up4.0%MoM

New listings

24

Up71.4%MoM

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

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The comparison

How do 37406 home prices compare?

  • 37406$183,829
  • 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

As of 2026-08-01, there are 68 homes for sale in 37406, with 24 new listings coming on during the period. The typical home value is $183,829, which is down 1.1% over the past year, while the median list price is $249,950. Homes here take a median of 66 days to sell, and 28.9% of current listings have taken a price cut. That gap between what sellers ask and what homes are actually worth suggests pricing expectations have not fully caught up with the market. For a seller, the practical read is that pricing realistically from the start matters more than testing a high number.

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