The Downtown Chattanooga housing market is somewhat competitive. The median sale price of a home in Downtown Chattanooga was $443K last month, up 37.7% since last year. The median sale price per square foot in Downtown Chattanooga is $304, down 10.2% since last year.
What is the housing market like in Downtown Chattanooga today?
$443K
Sale Price
+37.7% since last year
$304
Sale $/Sq. Ft.
-10.2% since last year
Under List Price
2.8%
Days on Market
59
Down Payment
15.0%
Total Homes Sold
4
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.
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Work with the best agents in Downtown Chattanooga
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How hot is the Downtown Chattanooga housing market?
Downtown Chattanooga is somewhat competitive. Homes sell in 59 days.
0
100
47
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 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 59 days.
Hot homes
can sell for around list price and go pending in around 27 days.
Learn about schools in the Downtown Chattanooga area
Elementary
Middle
High
GreatSchools Rating
5/10
Chattanooga School For the Arts And Science Csas L
Public • K-5
365
Students
10 reviews
4/10
Battle Academy For Teaching Learning
Public • PreK-5
463
Students
3 reviews
3/10
Tommie F. Brown International Academy
Public • PreK-5
311
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.
Flood Factor - Major
63% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Chattanooga has a major risk of flooding. 1,400 properties in Downtown Chattanooga are likely to be
severely affected
by flooding over the next 30 years. This represents 63% of all properties in Downtown Chattanooga. Flood risk is increasing slower than the national average.
23% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Chattanooga has a moderate risk of wildfire. There are 598 properties in Downtown Chattanooga that have some risk of being affected by wildfire over the next 30 years. This represents 23% 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