Is Chattanooga, TN 37409 a buyer’s or seller’s market?

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

Chattanooga is a seller’s market. With about 3.3 months of supply and 5% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.3Under 4 months = seller’s market

Sold above original list4.8%Share of sales, last 3 months

Median sale-to-list98.4%Sold price ÷ list price

Median days on market59Listing to accepted offer

Median price per sq ft$287▼ −0.2% vs. last year

Run the numbers for 37409

Prefilled for 37409Can I win this house?Multiple-offer likelihood for a listing Prefilled for 37409Over-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