The story of this market
The typical home in ZIP 37410 sells for about $157,000, or $214 per square foot.
Prices are down 11.69% from a year ago, which gives buyers more room to negotiate. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $1,503 a month.
ZIP 37410 — Chattanooga
The 37410 housing market is characterized by high affordability relative to the national and city-wide medians, with a median home value of $157,000. The market is currently neutral, with low inventory and a high share of renter-occupied households. Price trends have seen a slight year-over-year decline, reflecting the specific economic conditions of this urban neighborhood.
This ZIP is primarily suited for budget-conscious renters and investors looking for entry-level housing opportunities in the Chattanooga market.
Median prices moved down 11.7% year over year.
Homes spend a median of 44 days on market with 0.7 months of supply — a fast-moving market.
35% of listings have cut prices · homes sell at 105.26% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.0% · poverty 45.0% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 0.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 37410, Hamilton County TN
The area is served by schools with a B average grade and an average class size of 13.2:1.
The area is part of the Chattanooga industrial and urban core, with ongoing interest in residential investment and revitalization efforts.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Tennessee) — Tennessee Property Tax Assessment: Property is assessed at a percentage of its fair market value: 25% for residential property. The tax amount is calculated by multiplying the assessed value by the local tax rate (per $100 of assessed value).
The ZIP is located in the southern part of Chattanooga, providing relatively direct access to the downtown employment core via major local thoroughfares.
The area features proximity to local parks and community centers within the Alton Park and surrounding neighborhoods, with access to Chattanooga's broader trail and riverfront amenities.
The rental market shows elevated vacancy rates, with a mix of single-family homes and apartments; rent trajectories have been influenced by local affordability pressures.
The local economy is anchored by Chattanooga's diverse industrial, logistics, and service sectors, with significant employment hubs located in the nearby downtown and industrial corridors.
The area is served by Chattanooga's local road network and public transit routes connecting to the city center.
Ongoing urban revitalization projects are focused on improving housing stock and infrastructure in the southern Chattanooga districts.
The Hamilton County Assessor of Property manages the appraisal and assessment of all real property within the county.
Parcels are subject to Hamilton County and Chattanooga city tax jurisdictions, including school district levies.
Property insurance premiums in the region are influenced by standard Tennessee hazard profiles, including wind and storm risks.
Data retrieved from US Census Bureau and US5 demographic profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Local community park serving the neighborhood.
Regional trail system accessible from the broader area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.