Is Chattanooga, TN 37419 a buyer’s or seller’s market?
Chattanooga is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 53% of U.S. ZIP codes, and #20 of 299 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Chattanooga housing market right now
In the three months ending August 31, 2026, 21% of homes in Chattanooga, TN 37419 sold above their list price, the typical home went under contract in 36 days and there were 5.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 40 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 12%, homes sold faster (62 days then) and the median sale price rose 22% to $565,255. Overall, Chattanooga is more competitive than a year ago, so tougher for buyers.
Within Marion County, homes here sell faster, and more often over asking, than in any other ZIP code in the county. On our competition score, Chattanooga ranks #20 of 299 TN ZIP codes with enough sales (score 51 out of 100).
Nearby, buyers who want less competition could look at South Pittsburg 37380 (0% sold over asking) or Sequatchie 37374 (0% sold over asking).
Run the numbers for 37419
Nearby markets
Chattanooga 37405Balanced $297 /sq ftGuild 37340 — /sq ftJasper 37347Balanced $199 /sq ftMonteagle 37356Buyer’s market $264 /sq ft Browse all markets →Towns like Chattanooga nearby
Find towns like Chattanooga in other states →Where Chattanooga is
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Questions about Chattanooga real estate
Is Chattanooga a buyer’s or seller’s market?
A balanced market: there were 5.6 months of supply in Chattanooga, TN 37419 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Chattanooga?
The typical home went under contract in 36 days in the latest three months.
Do homes in Chattanooga sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 100.6% of the list price.
What are property taxes in Chattanooga?
About 0.43% of a home’s value a year in Marion County, or roughly $1,720 on a $400,000 home.
What is the median home price in Chattanooga?
The median sale price was $565,255 in the three months ending August 31, 2026, about $245 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology