The typical Chattanooga home was worth $314,999 in September 2026, down 1.3% in a year from a February 2025 peak but nearly double its 2016 value.
Last checked Oct. 17, 2026. Refreshed monthly. Home values come from the Zillow Home Value Index (ZHVI) for the city of Chattanooga, with data through September 2026, and from the FHFA House Price Index for the Chattanooga metro area through the second quarter of 2026.
The typical home in Chattanooga was worth $314,999 in September 2026, according to Zillow. That is down 1.3% from $319,114 a year earlier and about 2% below the city’s peak of $322,588 in February 2025. Over 10 years the value has nearly doubled, from $166,158 in September 2016.
Where the numbers come from
- Zillow research data: zillow.com/research/data
- FHFA House Price Index: fhfa.gov/data/hpi
- Your own home’s appraised value: Hamilton County Assessor of Property, 423-209-7300, assessor.hamiltontn.gov
- Recorded sales: our weekly real estate transfers
Ten years of Chattanooga home values
| September | Typical home value | Change in the year |
|---|---|---|
| 2016 | $166,158 | |
| 2018 | $190,125 | |
| 2020 | $219,145 | |
| 2021 | $262,481 | +19.8% |
| 2022 | $300,464 | +14.5% |
| 2023 | $310,058 | +3.2% |
| 2024 | $320,960 | +3.5% |
| 2025 | $319,114 | -0.6% |
| 2026 | $314,999 | -1.3% |
Values rose fastest in 2021 and 2022, flattened in 2023 and 2024 and have edged down since early 2025. Zillow’s index tracks the middle third of homes by value and is smoothed and seasonally adjusted, so it moves more slowly than monthly sale prices.
The wider metro
The FHFA House Price Index for the Chattanooga metro area, which covers Hamilton County and neighboring Tennessee and Georgia counties and is based on repeat sales of the same homes, stood at 414.74 in the second quarter of 2026, up about 1.9% from 406.94 a year earlier. It dipped slightly from the first quarter (415.54). FHFA and Zillow measure different things, which is why one shows a small rise and the other a small fall.
Homes are taking longer to sell. Zillow says the typical listing in the Chattanooga metro went under contract in 36 days in August 2026, up from 33 days in July and 25 days in August 2025.
How Chattanooga compares
| Place | Typical home value, September 2026 | Change in a year |
|---|---|---|
| East Ridge | $253,065 | -2.7% |
| Red Bank | $303,549 | -2.0% |
| Chattanooga | $314,999 | -1.3% |
| Soddy-Daisy | $355,511 | -0.2% |
| Collegedale | $414,306 | -0.4% |
| Ooltewah | $438,173 | -1.6% |
| Signal Mountain | $626,720 | +1.7% |
| Lookout Mountain | $1,080,952 | +6.5% |
Source: Zillow Home Value Index, city series. The mountain towns are the only places on the list where values are still rising.
Values by ZIP code for 10 Chattanooga areas, with their zoned schools, are in our Chattanooga neighborhoods guide.
Renting
Zillow’s Observed Rent Index put typical asking rent in Chattanooga at $1,498 a month in September 2026, up 2.3% from $1,464 a year earlier.
What this means for you
- Buyers have more time and room to negotiate than in 2021 and 2022; homes are sitting about 11 days longer than a year ago.
- Sellers in the city are pricing against values that are flat to slightly down.
- Your property tax is based on the assessor’s 2025 reappraisal value, not today’s market value; the next reappraisal is in 2029. See Hamilton County property taxes.
Related guides: moving to Chattanooga, Chattanooga population and growth and building permits and zoning.
Frequently asked questions
What is the average home price in Chattanooga?
Zillow’s Home Value Index put the typical Chattanooga home at $314,999 in September 2026. That is a modeled value for mid-priced homes, not an average sale price.
Are home prices going down in Chattanooga?
Slightly. Zillow’s index for the city fell 1.3% from September 2025 to September 2026 and is about 2% below its February 2025 peak of $322,588. The FHFA index for the Chattanooga metro was still up 1.9% in the year to the second quarter of 2026.
How long do homes take to sell in Chattanooga?
The typical listing in the Chattanooga metro went under contract in 36 days in August 2026, up from 25 days a year earlier, according to Zillow.
Is Chattanooga cheaper than Signal Mountain or Ooltewah?
Yes. In September 2026 Zillow’s typical value was $314,999 in Chattanooga, $438,173 in Ooltewah and $626,720 in Signal Mountain. East Ridge was lower, at $253,065.
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