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Foreclosure Homes in Chattanooga, TN 37421

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Chattanooga, TN Foreclosures

How much do homes sell for in Chattanooga, TN?
The average home price is currently $371,018.
In Chattanooga, TN, how many homes are available?
There are currently 196 active home listings available in Chattanooga.
What’s the average rental cost in Chattanooga, TN?
The average rental price in Chattanooga is $1,322.
What is the most expensive home in Chattanooga?
The most expensive home sold in Chattanooga had a price of $87,564,928.
What is currently the cheapest priced home in Chattanooga, TN?
The cheapest home for sale in Chattanooga is priced at $8,206.

Living in Chattanooga, TN

Chattanooga, TN is a beautiful city surrounded by mountains and rivers, offering residents a unique blend of urban and outdoor lifestyles. With its rich history, vibrant arts scene, and numerous recreational opportunities, it is an ideal place for families and nature lovers. The city is well-connected with amenities and has a strong sense of community.

Current Market Conditions in Chattanooga, TN

Chattanooga's real estate market has been experiencing steady growth in recent years, attributed to its affordability compared to nearby cities. There is a demand for residential properties, particularly in downtown areas and near outdoor recreational spots. Many young professionals and families are drawn to the city due to the variety of amenities and lifestyle options available.

The rental market is also thriving, with a growing population leading to increased interest from investors in multi-family housing. This trend indicates a stable market with potential for future appreciation in property values.

Home Value Estimator For Chattanooga, TN

There are currently 60,407 real estate properties in Chattanooga, TN, with a median automated valuation model (AVM) price of $287,986.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chattanooga, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Chattanooga, TN, is $371,018.00, with the most expensive house in Chattanooga, TN, topping out at $87,564,928.00 and the cheapest home in Chattanooga, TN, clocking in at $8,206.00. In other words, there’s something for every potential homebuyer or savvy investor in Chattanooga, TN!

Rent Prices In Chattanooga, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chattanooga, TN, is on a rollercoaster ride. The average rent price in Chattanooga, TN, is $1,322.00. Indeed, when looking to rent in Chattanooga, TN, you can expect to pay as little as $440.00 or as much as $3,060.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Chattanooga, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Chattanooga, TN 37421 Foreclosures

Market Trend for Chattanooga, TN

Total Listings Available: 196

Market Values:

Home Prices from $8,206 to $87,564,928

Average Sales Price: $371,018

Rental Values:

Rental from $440 to $3,060

Average Rent Value: $1,322 / month

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