The Downtown Chattanooga housing market is somewhat competitive. The median sale price of a home in Downtown Chattanooga was $465K last month, up 19.8% since last year. The median sale price per square foot in Downtown Chattanooga is $400, up 24.6% since last year.
What is the housing market like in Downtown Chattanooga today?
$465K
Sale Price
+19.8% since last year
$400
Sale $/Sq. Ft.
+24.6% since last year
Under List Price
2.3%
Days on Market
58
Down Payment
15.0%
Total Homes Sold
19
To compare other locations to the Downtown Chattanooga and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Chattanooga add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Chattanooga housing market?
Downtown Chattanooga is somewhat competitive. Homes sell in 58 days.
0
100
34
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 58 days.
Hot homes
can sell for around list price and go pending in around 44 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
5/10
Chattanooga School For the Arts And Science Csas L
Public • K-5 • Choice school
368
Students
10 reviews
4/10
Battle Academy For Teaching Learning
Public • PreK-5
396
Students
3 reviews
3/10
Tommie F. Brown International Academy
Public • PreK-5
294
Students
8 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Chattanooga housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Chattanooga.
Risk Factor
Flood Factor - Severe
We’re working on getting current and accurate flood risk information
Flood Factor
Downtown Chattanooga has a severe risk of flooding. properties in Downtown Chattanooga are likely to be
severely affected
by flooding over the next 30 years. This represents <1% of all properties in Downtown Chattanooga. Flood risk is increasing at the same pace as the national average.
8% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Chattanooga has a minor risk of wildfire. There are 206 properties in Downtown Chattanooga that have some risk of being affected by wildfire over the next 30 years. This represents 8% of all properties in Downtown Chattanooga.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Chattanooga has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Chattanooga is most at risk from hurricanes. 2,521 properties in Downtown Chattanooga have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 64 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 73 mph.
52% of properties are at major
risk of heat over the next 30 years
Heat Factor
Downtown Chattanooga has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 52% of homes in Downtown Chattanooga have a Major Heat Factor®.
Downtown Chattanooga is expected to see a 171% increase in the number of days over 105ºF over the next 30 years. Downtown Chattanooga is expected to experience 6