Home Values

Chattanooga 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

$117,000

  • 1.8% 1-year change
  • 2.7% 1-year forecast

The median home value in Chattanooga is $117,000. Chattanooga home values have gone up 1.8% over the past year and Zillow predicts they will rise 2.7% within the next year. The median rent price in Chattanooga is $900, which is lower than the Chattanooga Metro median of $950.

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 Chattanooga is 3.4%, which is lower than the national value of 6.0%.

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Relative ZHVI
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Chattanooga Market Overview

Data through Jun 30, 2015
  • $117,000 ZHVI
  • 2.7% 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
    (Jun 30, 2016)
  • No data Median listing price
  • No data Median sale price
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Chattanooga Market Health

Data through Jun 30, 2015
  • 5.5/10 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 (15.4% US Avg)
  • 3.4% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Lookout Mountain $419,700
Walden $296,400
Signal Mountain $271,300
Name Median ZHVI
Middle Valley $137,400
Red Bank $118,900
East Ridge $99,900
Name Median ZHVI
Fort Oglethorpe $94,500
Lakeview $73,600
Rossville $55,700

Listings & Sales

  • No data
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Chattanooga Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $1,079 Chattanooga
    $1,102 Chattanooga Metro
    $1,369 United States

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

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $900 Rent list price
  • $0.75 Rent list price / sq ft
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