Chattanooga Real Estate Market

As of June 2026, the median home listed in Chattanooga, TN asks $399,900 — down 3.6% from a year ago. Homes are taking a median of 59 days to go under contract, and 24% of the 2,913 active listings have taken a price cut, which points to a balanced market. Based on public records and industry data, updated monthly.

Chattanooga scores 34/100 on our composite Investor Score (#768 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 62% over five years and +123% over ten, leaving prices 70% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,390/mo for a two-bedroom, the gross rental yield on the median listing is about 4.2%; active inventory sits at 139% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 3.6% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Chattanooga's housing market faces a shortage of homes, particularly for middle-income earners, contributing to high and growing prices amidst lagging supply. — AI-generated summary of the headlines above; read the linked coverage before relying on it.