Is Chattanooga, TN 37403 a buyer’s or seller’s market?

The Chattanooga housing market right now

In the three months ending August 31, 2026, 8% of homes in Chattanooga, TN 37403 sold above their list price, the typical home went under contract in 32 days and there were 12.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 13 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (10% then), homes sold faster (42 days then) and the median sale price held steady to $404,825. Overall, Chattanooga is about as competitive as it was a year ago.

Within Hamilton County, homes here sell faster than in 78% of the county’s ZIP codes, and sell less often over asking than in 70%.

Nearby, buyers who want less competition could look at Chattanooga 37408 (0% sold over asking) or Chattanooga 37402 (0% sold over asking), while Sale Creek 37373 (30% sold over asking) and Chattanooga 37407 (27% sold over asking) are even more competitive.