Current Market Data

Local Market Snapshot

Hamilton County Single Family Homes, Updated 12.16.25

Current
Dec 16, 2025
30 Days Ago
Nov 2025
90 Days Ago
Sept 2025
6 Months Ago
June 2025
1 Year Ago
Dec 2024
Q2 2025
National Average
Active Homes for Sale
1,405
1,507
1,413
1,234
1,102
–
Homes Under Contract
566
497
528
558
420
–
Sold in Last 30 Days
338
371
362
424
393
–
Sold in Last 6 Months
2,382
2,464
2,524
2,242
2,398
–
Median Sales Price
$400,000
$400,000
$400,000
$394,000
$390,000
$410,800
Speed of Sale (Days on Market)
48 Days
46 Days
45 Days
47 Days
42 Days
60 Days
Sold Price was ___% of Original List Price
94.88%
95.21%
94.5%
94.22%
96%
–
Months of Inventory*
3.5 Months
3.7 Months
3.4 Months
3.3 Months
2.8 Months
3.6 Months

*For perspective, the National Association of Realtors notes a “balanced market” is 6 months of inventory. 

Greater Chattanooga Market Data, Year to Date

All Greater Chatt Counties, Residential Homes, Updated 12.16.25

YEAR (YTD) NEW LISTINGS UNDER CONTRACT SOLD HOMES
2025
15,474
10,158
9,766
2024
14,613
10,075
9,988
2023
12,694
9,915
9,878
2022
14,144
11,033
11,300
2021
14,032
12,711
12,388


Source: Greater Chatt MLS

 

 

Regional Data and Statistics

Tennessee/Chattanooga Rankings:

Affordability:

  • Tennessee has no state income tax, one of 9 states in the U.S. with this distinction. (Investopedia)
  • Tennessee has the 4th lowest tax burden of all U.S. states. (Intuit Turbo Tax, 4.2024)
  • Prices for goods, services and housing costs in Tennessee were 9% below the U.S. average in 2021, ranking 10th lowest in the country. (University of TN, 2023)
  • “Tennessee has the 2nd fastest-growing economy in the country thanks to its affordable real estate, job market, and recreation scene.” (Travel & Leisure Magazine 9.2023)

Home Sales/Appreciation:

  • From 2019 to 2025, home values have increased 73% in Greater Chattanooga, making it a Top 10 U.S. city for real estate appreciation. (Realtor.com 11.2025)
  • City of Chattanooga’s 2024 median home price averages 20% below the national median. Hamilton County’s averages 10% below the national. (National Assoc. of Realtors 2.2025)
  • The price of homes sold in Chattanooga has more than doubled in the past 8 years, rising at an average annual rate of some 15%. (Chattanooga Times Free Press 2.2025)

Speed of Sales:

Local Inventory:

  • Hamilton County’s population is expected to near a half million residents over the next 40 years, creating demand for 46,000 new housing units in the next 20 years. (Chattanoogan.com 3.2.2024)
  • The number of residential building permits granted in Hamilton County in 2024 rose by nearly 12.8% from 2023 — the second-highest year in the past two decades. (Chattanooga Times Free Press 2.12.2025)

Interest Rates:

  • 30-year fixed-rate mortgages have averaged 6.5-7.5% in 2025. A year ago, the average rate was 7.62%. The lowest annual average rate in U.S. history was 2.65% in January 2021. The highest average annual rate was 16.63% in 1981.  (MPA Magazine, 6.2023; Chattanooga Times Free Press 2.12.2025)

 

Updated 1.6.25

Our Team. Your Resource.

While today’s real estate climate is dynamic nationwide, the Tri-State region of Greater Chattanooga is known for its historical stability and steady growth. Our Team is here to help you analyze, navigate, and maximize the current market. It’s our privilege to put to work our 3 decades of experience to assist you in reaching your short and long-term goals.

Here to serve you: (423) 413-4507 or info@ToddHenon.com.

Honored to be your real estate resource,

Todd Henon
Broker-Agent: TN, GA, AL
Top 1% Greater Chattanooga Realtors
Chattanooga’s First Accredited Land Consultant
3 Decades Serving Tri-State Real Estate
423.413.4507

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