Home Values

37403 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$175,300

  • -0.7% 1-year change
  • 0.9% 1-year forecast

The median home value in 37403 is $175,300. 37403 home values have declined -0.7% over the past year and Zillow predicts they will rise 0.9% within the next year. The median price of homes currently listed in 37403 is $217,500.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 37403 is 3.8%, which is lower than the national value of 6.4%.

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Relative ZHVI
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37403 Market Overview

Data through Dec 31, 2014
  • $175,300 ZHVI
  • 0.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Dec 31, 2015)
  • $217,500 Median listing price
  • No data Median sale price
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37403 Market Health

Data through Dec 31, 2014
  • 1.4/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • 3.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
37350 $440,700
37408 $154,300
37415 $129,300
Name Median ZHVI
37412 $101,500
37411 $82,100
37404 $68,400
Name Median ZHVI
37406 $62,300
37410 $52,600
37407 $49,300

Listings & Sales

Data through Dec 31, 2014
  • $135 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 2.0% Listings with price cut
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37403 Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,384 37403
    $1,101 Chattanooga
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $0.93 Rent list price / sq ft
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