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Chattanooga, TN 37421 Housing Market

Data snapshot: July 18, 2026. Closed-sale window: last 6 months.
Chattanooga, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.67
ActiveActive listings: 4949PendingPending sales: 3333
Chattanooga, TN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $426k$426kSoldMedian sold price (last 6 months): $360k$360k
What homes actually sell for in Chattanooga, TN
Distribution of 470 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $282k to $447k
$185k to $248k: 46 sales$185k$248k to $310k: 82 sales$310k to $372k: 103 sales103sales$310k$372k to $435k: 82 sales$435k to $498k: 50 sales$435k$498k to $560k: 31 sales$560k to $622k: 20 sales$560k$622k to $685k: 9 salesMedian $360k

What the numbers say

As of July 18, 2026, Resideline is tracking 49 active listings and 33 pending sales in ZIP code 37421. That pending-to-active ratio of 0.67 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $425,500, while the median of the 470 closed sales Resideline tracked over the last six months was $360,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. The median active listing in 37421 has been on the market for 2 days.

Frequently asked questions

What is the median home price in 37421?

The median closed sale price in Chattanooga, TN 37421 was $360,000 over the last six months, based on 470 closed sales tracked by Resideline. The middle half of those sales ranged from $282,000 to $447,000.

Is 37421 a buyer's or seller's market?

Resideline is currently tracking 33 pending sales against 49 active listings in 37421, a pending-to-active ratio of 0.67. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 37421 currently looks like a seller's market.

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