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Chattanooga, TN 37421 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Chattanooga, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.59
ActiveActive listings: 3737PendingPending sales: 5959
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): $365k$365k
What homes actually sell for in Chattanooga, TN
Distribution of 475 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $297k to $459k
$190k to $256k: 40 sales$190k$256k to $322k: 102 sales$322k to $388k: 106 sales106sales$322k$388k to $454k: 83 sales$454k to $521k: 44 sales$454k$521k to $587k: 26 sales$587k to $653k: 16 sales$587k$653k to $719k: 11 salesMedian $365k

What the numbers say

As of August 26, 2026, Resideline is tracking 37 active listings and 59 pending sales in ZIP code 37421. That pending-to-active ratio of 1.59 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 475 closed sales Resideline tracked over the last six months was $365,000. 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 $365,000 over the last six months, based on 475 closed sales tracked by Resideline. The middle half of those sales ranged from $296,900 to $459,000.

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

Resideline is currently tracking 59 pending sales against 37 active listings in 37421, a pending-to-active ratio of 1.59. 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.

Nearby ZIP code market data

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