Market Intelligence · TN / Chattanooga

Chattanooga, TN 37408 Housing Market

The typical home in Chattanooga's 37408 ZIP code is worth $411,141, down 1.4% over the past year. The median list price is $434,950, and homes are taking a median of 64 days on market.

Updated June 2026Median value$411K

The median home value in Chattanooga, TN 37408 is $411K as of June 2026, down 1.4% 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 37408 range

$378K to $444K

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

-1.4% over 12 months

Typical home value in 37408 over the last 12 months: $417K in Jun 2025 to $411K in Jun 2026 (-1.4%).

Jun 2025$417K

Jun 2026$411K

The numbers

What is the 37408 housing market like?

Typical home value

$411K

Down1.4%YoY

Median list price

$435K

Days on market

64

Homes for sale

73

Price cuts

16.4%

New listings

18

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 37408 home prices compare?

  • 37408$411,141
  • Chattanooga$337,929
  • Tennessee$273,929
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Chattanooga: 15 ZIPs; Tennessee: 587 ZIPs; United States: 26,270 ZIPs).

Context

There are 73 homes for sale in 37408 as of June 2026, with 18 new listings added recently. The median list price sits at $434,950, while the typical home value is $411,141, down 1.4% over the past year. Homes are taking a median of 64 days on market, and 16.4% of listings have had a price cut. For sellers, this points to a slower market where pricing carefully and preparing for a longer timeline matters.

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