The story of this market
The typical home in ZIP 37387 sells for about $385,000, or $419 per square foot.
Prices are up +41.07% from a year ago, so sellers still have some momentum. Homes take about 56 days to sell. HUD's fair market rent for a two-bedroom is $405 a month.
ZIP 37387 — Tracy City
The 37387 housing market is currently experiencing a period of price appreciation, with a median listing price of $385,000. While inventory remains limited, the market is supported by steady demand and a balanced pace of sales. Figures for inventory and sales pace are derived from regional Hamilton County and Grundy County data where ZIP-specific metrics were unavailable.
This area fits family buyers and those seeking a more affordable entry point compared to the urban core, offering a quieter, rural-adjacent lifestyle.
Median prices moved up 41.1% year over year.
Homes spend a median of 56 days on market with 3.3 months of supply — a fast-moving market.
24% of listings have cut prices · homes sell at 95.99% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.6% · poverty 18.9% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 37387, Grundy County TN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Flood risk is a significant consideration in the broader Chattanooga region, with approximately 42% of homes facing exposure.
The area is characterized by steady buyer demand and a balanced market, with development momentum tied to the broader Chattanooga economic corridor.
Property taxes are assessed at the county level in Tennessee; specific rates vary by jurisdiction and local school district levies.
The area features access to local parks and natural amenities typical of the Cumberland Plateau region.
The rental market shows predictable occupancy with solid tenant quality and stable demand.
The local economy is supported by the broader Chattanooga metropolitan area, which includes diverse sectors such as manufacturing, healthcare, and logistics.
The area relies primarily on highway corridors for regional connectivity to the Chattanooga employment core.
Development is focused on residential expansion, with various subdivisions and individual home builds occurring throughout the ZIP.
The Grundy County Assessor's office manages property valuations for tax purposes.
Parcels are subject to Grundy County school district taxes and local utility district assessments.
Property insurance premiums are influenced by regional hazard exposure, including flood and wind risks common to the Tennessee Valley.
Tennessee is a non-judicial foreclosure state, allowing for relatively efficient trustee sales following proper notice.
Tennessee requires sellers to provide a residential property disclosure statement, though certain exemptions apply.
Data retrieved from Census Bureau ZCTA-level tables.
- The Caverns4.87.3 mi
- Adventure Off Road Park4.714.2 mi
- Ketner's Mill4.615 mi
- Jim Oliver's Smoke House Restaurant4.19.2 mi
- National Cornbread Festival Headquarters4.319.3 mi
- The Caverns4.87.3 mi
- Foster Falls Recreation Area4.87.8 mi
- Grundy Forest State Natural Area at South Cumberland State Park4.83.7 mi
- Great Stone Door4.911 mi
- Bigfoot Adventure TN Campground & Zipline4.73.8 mi
- Lodge Museum of Cast Iron4.819.5 mi
- Ketner's Mill4.615 mi
- Coke Oven Museum4.818.2 mi
- Cowan Railroad Museum4.619.4 mi
- Greeter Falls Waterfall4.810.1 mi
- Savage Gulf State Park4.911 mi
- Fiery Gizzard State Park4.75.3 mi
- Foster Falls Recreation Area4.87.8 mi
- Savage Gulf North Trailhead - Stone Door Ranger's Station4.911 mi
- Hales Bar Marina & Resort419.6 mi
- The Course at Sewanee4.613 mi
- Dollar General4.19.3 mi
- DG Market4.312.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A notable local development featuring modern residential properties.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.