9 hours on Rocket
$1,603 Closing Credit¹
#1509091, Listing Office: Keller Williams Realty
South Chattanooga Housing Market Report February 2025•Hamilton County, Tennessee
Housing Prices in South Chattanooga, TN
How much do homes in South Chattanooga, TN cost?
Housing Market Conditions
Is South Chattanooga, TN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
South Chattanooga is a Seller's Market
Difference Since February 2024
Since last year, South Chattanooga has remained a Seller's Market.
Insight
South Chattanooga is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$265,000$207/SqFt
+$26,500
+11.1%
Based on all homes sold in the last 12 months
Insight
Homes in South Chattanooga have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in South Chattanooga was $265,000 in February 2025, up 11.1% from last year, and the median price per square foot was $207.
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $341.5K | $250K | -26.8% |
| 22 Bedrooms | $174.5K | $270K | +54.7% |
| 33 Bedrooms | $210K | $262K | +24.8% |
| 44 Bedrooms | $307K | $415K | +35.2% |
| 55+ Bedrooms | $327.5K | $310K | -5.3% |
Summary: South Chattanooga housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -26.8%. The home price for 2 bedroom homes increased by +54.7%. The home price for 3 bedroom homes increased by +24.8%. The home price for 4 bedroom homes increased by +35.2%. The home price for 5 bedroom homes decreased by -5.3%.
How does South Chattanooga, TN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
South Chattanooga, TN
Housing supply in South Chattanooga, TN
How many homes are available in South Chattanooga, TN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 74Last MonthFeb 2025 | ||
| 712 months agoJan 2025 | +4.2 % Change MoMJan – Feb |
Summary: The South Chattanooga real estate market had 74 homes for sale in Feb 2025, a 4.2 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 22Last MonthFeb 2025 | ||
| 182 months agoJan 2025 | +22.2 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 1 | +100.0% |
| 22 Bedrooms | 12 | 11 | -8.3% |
| 33 Bedrooms | 44 | 47 | +6.8% |
| 44 Bedrooms | 9 | 10 | +11.1% |
| 55+ Bedrooms | 6 | 5 | -16.7% |
Summary: South Chattanooga housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -8.3%. The inventory for 3 bedroom homes increased by +6.8%. The inventory for 4 bedroom homes increased by +11.1%. The inventory for 5 bedroom homes decreased by -16.7%.
Asking Price vs. Sold Price
How much do homes in South Chattanooga, TN cost?
Over Asking Price4 Homes
At Asking Price14 Homes
Under Asking Price4 Homes
Insight
If you're buying a home in South Chattanooga, expect to pay close to the asking price. 63.6% of homes here sold near the asking price last month.
Summary: A total of 22 homes were sold or pending in South Chattanooga in February 2025, up by 22.2% month-over-month. Of the 22 sold homes, 18% were sold under asking, 64% were sold at asking, and and 18% were sold over asking.
Days on Market for South Chattanooga, TN
How long does it take to sell a home in South Chattanooga, TN?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Many homes in South Chattanooga are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 22 homes were sold in South Chattanooga; 32% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 20 DaysThis YearFeb 2025 | ||
| 18 Days1 year agoFeb 2024 | +11.7 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in South Chattanooga had an average listing age of 20 days in Feb 2025, up by 11.7% compared to the previous year.
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Newest Listings in South Chattanooga, TN
What homes are available in South Chattanooga, TN?
2 days on Rocket
$4,928 Closing Credit¹
#1508921, Listing Office: Real Estate Partners Chattanooga LLC
4 days on Rocket
$1,176 Closing Credit¹
#2802288, Asher Black, Listing Office: Greater Downtown Realty dba Keller Williams Realty
4 days on Rocket
$1,176 Closing Credit¹
#1508827, Listing Office: Keller Williams Realty
7 days on Rocket
$5,688 Closing Credit¹
#1508649, Listing Office: EXP Realty LLC
$1,841 Closing Credit¹
#1508577, Listing Office: United Real Estate Experts
$2,909 Closing Credit¹
#1508519, Listing Office: Nest Chattanooga Real Estate & Management, LLC
$10,000 Closing Credit¹
#1508284, Listing Office: The Group Real Estate Brokerage
#1508279, Listing Office: Rogue Real Estate Company llc
#1508280, Listing Office: Rogue Real Estate Company llc
$7,363 Closing Credit¹
#1508251, Listing Office: Real Broker
$10,000 Closing Credit¹
#1507889, Listing Office: Keller Williams Realty
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MLS Disclaimers and Copyright
Based on information from Chattanooga MLS / Multiple Listing Service of Chattanooga Inc., RealTracs Middle Tennessee Regional MLS, and River Counties MLS for the period 03/01/2023 - 03/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 9:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
© 2025 of the REALTRACS MLS. All rights Reserved. The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 9:18:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information obtained from TNRCAR. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 9:15:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 9:15:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.