Chattanooga Real Estate Market Update (June 2025)

Dated: June 1 2025

Views: 938

Chattanooga Real Estate Market Update (June 2025)

The Chattanooga real estate market continues to attract buyers and sellers alike, thanks to its blend of scenic beauty, growing job market, and relatively affordable housing. As a locally owned independent brokerage, Dixon Homes Realty provides up-to-date insights so you can make confident decisions when entering the market.

1. Median Sale Price and Year-Over-Year Growth

  • Median Sale Price: $340,000 (6.6% increase YoY)
  • Median Price per Square Foot: $199 (unchanged YoY)
  • Zillow Home Value Index: $327,006 (up 1.1% YoY)

Chattanooga remains 22% more affordable than the national average, a strong incentive for out-of-state buyers.

2. Inventory, Days on Market, and Competition

  • Total Homes Sold (Last Month): 289
  • Median Days on Market: 57
  • Sales-to-List Ratio: 98%

Homes in Chattanooga are still receiving multiple offers. Neighborhoods like Northshore and Lookout Mountain move quickly, highlighting the importance of local expertise.

3. Neighborhood Highlights

  • Downtown Chattanooga: $480K–$540K, ideal for professionals
  • Northshore: $550K–$700K, great schools & amenities
  • East Brainerd & Hamilton Place: mid-$300Ks, family-friendly
  • Lookout Mountain: $800K+, scenic luxury
  • Ooltewah, Hixson, Collegedale: $325K–$540K, suburban value

4. Key Takeaways for Buyers and Sellers

Sellers: Prep and price correctly for 30–45 day sales.
Buyers: Be ready with pre-approval. Homes under $350K see high competition.

5. Why Chattanooga?

  • Job Growth: Tech, Amazon, and Healthcare
  • Cost of Living: 11% below national average
  • Inbound Migration: 1.5% growth from states like GA and FL

6. Ready to Buy or Sell?

Dixon Homes Realty offers personalized service with deep local expertise across Tennessee and Georgia. Whether you’re looking to buy or sell, we’ll guide you every step of the way.

📞 Call: 423-397-2016
📧 Email: info@CallDHR.com

All market data verified from Redfin and Zillow as of June 2025.

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Bob Dixon

Meet Bob Dixon: Trusted Chattanooga and North Georgia Real Estate ExpertReal estate is more than just a career for Bob Dixon—it’s part of his DNA. Growing up farming fields on his grandfat....

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