Market Intelligence · TN / Chattanooga

Chattanooga, TN 37416 Housing Market

The typical home value in Chattanooga, TN 37416 is $290,892, down 1.3% over the past year as of 2026-08-01. The median list price sits at $350,000, and homes are spending a median of 69 days on market. Sellers here should expect a slower, more deliberate pace than a hot market.

Updated August 2026Median value$291K

The median home value in Chattanooga, TN 37416 is $291K as of August 2026, down 1.3% 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 37416 range

$268K to $314K

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

-1.3% over 12 months

Typical home value in 37416 over the last 12 months: $295K in Aug 2025 to $291K in Aug 2026 (-1.3%).

Aug 2025$295K

Aug 2026$291K

The numbers

What is the 37416 housing market like?

Typical home value

$291K

Down1.3%YoY

Median list price

$350K

Down9.4%MoM

Days on market

69

Up3.0%MoM

Homes for sale

57

Up3.6%MoM

Price cuts

18.4%

Down44.2%MoM

New listings

28

Up27.3%MoM

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

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The comparison

How do 37416 home prices compare?

  • 37416$290,892
  • 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 57 homes for sale in 37416 as of 2026-08-01, with 28 new listings coming on. The median list price is $350,000, while the typical home value is $290,892, down 1.3% over the past year. Homes are taking a median of 69 days to sell, and 18.4% of listings have taken a price cut. That mix points to a market where buyers have room to negotiate and overpriced homes are getting trimmed. For a seller, the honest takeaway is that pricing right from the start matters more than testing the market high.

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