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Foreclosures in Chattanooga, TN

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Chattanooga, TN Foreclosures

How much do homes sell for in Chattanooga, TN?
The average home price is currently $367,752.
In Chattanooga, TN, how many homes are available?
There are currently 8 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 $86,099,960.
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, Tennessee, is a flourishing city known for its breathtaking natural landscapes and vibrant community spirit. From the Tennessee Aquarium to the historic Walnut Street Bridge, outdoor enthusiasts and culture lovers alike will find much to appreciate. The city's rich history and dynamic growth make it an attractive location for families and young professionals.

Current Market Conditions in Chattanooga, TN

The current real estate market in Chattanooga is experiencing a strong demand, driven by an influx of newcomers looking for affordable housing options and a high quality of life. Properties are often receiving multiple offers, leading to increased home prices and a competitive market atmosphere.

Chattanooga's reputation as a burgeoning tech hub and family-friendly city has resulted in a steady rise in property values. Home sales have shown significant growth over the past year, attracting both first-time homebuyers and real estate investors seeking promising returns.

Home Value Estimator For Chattanooga, TN

There are currently 60,441 real estate properties in Chattanooga, TN, with a median automated valuation model (AVM) price of $283,493.00. 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 $367,752.00, with the most expensive house in Chattanooga, TN, topping out at $86,099,960.00 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 Foreclosures

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