Is Chattanooga, TN 37405 a buyer’s or seller’s market?
Chattanooga is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply4.1Under 4 months = seller’s market
Sold above original list9.1%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$297▲ +4.7% vs. last year
Run the numbers for 37405
Nearby markets
Chattanooga 37419Balanced $245 /sq ftGuild 37340 — /sq ftJasper 37347Balanced $199 /sq ftMonteagle 37356Buyer’s market $264 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology