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Is Chattanooga, TN 37408 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Chattanooga is a buyer’s market. With about 10.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply10.1Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list97.4%Sold price ÷ list price

Median days on market75Listing to accepted offer

Median price per sq ft$282▲ +6.9% vs. last year

Run the numbers for 37408

Prefilled for 37408Can I win this house?Multiple-offer likelihood for a listing Prefilled for 37408Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Apison 37302Seller’s market $184 /sq ft Birchwood 37308Balanced $197 /sq ft Chattanooga 37402Buyer’s market $332 /sq ft Chattanooga 37403Buyer’s market $292 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology